Individual Tools and Techniques - MGT350

Essay by sbperlUniversity, Bachelor'sA+, June 2005

download word file, 5 pages 4.3

Individual Tools and Techniques


Making any decision is never easy. It requires an organized thought process and critical thinking at its very finest to achieve the desired results. Decision-making is so complex in nature and there are many tools and techniques to come up with a good decision. After all, different scenarios require different decision-making techniques. For the example below, which the recent question was "Should I accept a project coordinator's position out of state?" the best and most obvious decision-making tool was "PMI".


PMI, which stand for 'Plus/Minus/Implications' is the enhanced version of the old-fashioned 'weighing pros and cons' technique. The "I" can also stand for "Interesting" weighing factors about the question at hand. The difference between simply making a pros and cons list is each pro and con receives a numbered "score", which are added together once the list has been completed. The added benefit of adding a numerical value to each plus and minus is I make the decision regarding what is more important on my list.

To use PMI, draw up a table headed up with: 'Plus', 'Minus', and 'Implications'. In the column underneath 'Plus', write down all the positive results of taking the action. Underneath 'Minus', write down all the negative effects [of taking the action]. In the 'Implications' column write down the implications and possible outcomes of taking the action, whether positive or negative" (Manktelow, 2005).

Although an idea may seem like a good one at first, it may not be after considering all of the factors involved in the outcome and consequence. Last year, I had a situation arise where I was considering applying for a project coordinator position in Atlanta, GA. Instead of jumping at the opportunity to apply for the position, I weighed my pros and cons in the...