Matrix assessment
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The matrix analysis option offers a number of different ways in which you can gather opinions. The matrix assessment is based on a two-dimensional plot, with negligible (nil), low, medium or high choices on the X and Y-axes. You can also customise the choices, removing the negligible option, or completely setting your own parameters - see below
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wizard matrix

The matrix assessment can be set up to reflect different types of assessment, for example:

·probability vs impact  
·cost vs benefit  
·risk vs reward  
·investment (of time, money, man-power, emotion etc.) vs value added  
·stability vs sensitivity.  

So, if you were using a probability verses impact assessment, you would be considering probability in terms of the nil, low, medium or high probability of occurrence and impact in terms of negligible (nil), low, medium or high impact if the event occurred. Whether you include the negligible option or not depends mainly on personal choice, and how well it fits the situation which you are assessing.

_actionTo set up your own, custom options for assessment, select the custom option and enter the parameters in the edit box. Separate them with a comma or '/' character.  

For example, if you are using Impact Explorer™ with a research team you may be interested in an assessment based on the "estimated number of critical factors" verses the "ability to gather data on the factors" for a number of specific areas associated with the research options for a project.

_actionTo choose where the highlight should appear on the results graph, select the Highlight position button. This should be set to the "danger" corner - the combination of options that you do not want. For example, in cost/benefit, you would want to highlight high cost and low benefit since that would be wasting money.  

_actionTo customise the dimensions used, click the Dimensions button and the Matrix dimensions dialog will appear.  

When you have set the prompts that you require, click the Next button to move to the title page.



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