A project improvement team has identified several key issues but disagrees over the importance of...

The prioritization matrix is a decision-making tool that allows teams to evaluate and prioritize different options or issues based on specific criteria. It helps in comparing and ranking items by considering their relative importance and impact. By using a prioritization matrix, the project improvement team can objectively assess the significance of each issue and allocate resources accordingly1.

References: 1: The ASQ Certified Manager of Quality/Organizational Excellence Handbook, Fifth Edition, Sandra L. Furterer and Douglas C. Wood, ASQ Quality Press, 2021.