Question
The Priority Matrix in the Action Plan helps in deciding the importance of various tasks by ranking them based on effort and impact. It uses a four by four grid to categorize tasks into four categories: low effort-high impact, high effort-high impact, low effort-low impact, and high effort-low impact. The idea is to tackle the low effort but high impact tasks first as they provide quick wins. Once these are completed, the focus shifts to high effort, high impact tasks. Low effort and low impact tasks are usually addressed only when there is spare time.
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So how would you decide which action item is more important out of a whole list of tasks? This standard action Priority Matrix ranks effort and impact in a four by four grid to tackle the low-hanging fruit, or "low effort but high impact" quick wins first. Once the quick wins are checked off, go for the "high effort, high impact" major projects, and ignore the low effort and low impact tasks only when you have time. (Slide 12)
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