More Impact Effort Matrix Templates and Examples

Impact Effort Matrix

Impact Effort Matrix

Impact Effort Matrix Template

Impact Effort Matrix Template

Benefit Effort Matrix

Benefit Effort Matrix

Strategy Diamond

Strategy Diamond

Scenario Planning Matrix Template

Scenario Planning Matrix Template

Creately helps you do this with

Pre-designed templates for decision-making
Easy drawing and diagramming tools for doing an impact-effort analysis
Share with others in your team for real-time collaboration and group editing
Export your diagrams as PNGs, SVGs, or JPEGs for publishing or embedding in documents, presentations, etc.

Guide and Best Practices

An impact effort matrix is a decision-making tool that helps teams easily visualize where they should spend their time, effort and resources on. Teams can use it to prioritize the solutions/ ideas they should work on based on the impact (the benefit of implementation) and effort (how easy are they to implement).

How to do an impact-effort analysis

  • Start by determining the goal and the scope of your impact effort analysis. At the same time clarify the timeframe and values on the axes.
  • Get everyone in the team to brainstorm the different tasks they need to do to accomplish the project goal.
  • Pick a Creately impact-effort matrix template and share it with everyone in the group for collaboration.
  • Those ideas that you think will bring you more return for little effort should be placed under Quick Wins.
  • Activities/ projects that may bring you a good return although it may take more of your time and effort should be placed under Major Projects.
  • Those activities that may not have such an impact but won’t take up much of your time can be grouped as Fill in Jobs.
  • And the work that may take significant effort for no benefit can be categorized as Thankless Tasks or Time Wasters.
  • Go through the completed matrix and discuss changes with the team. And create an action plan for assigning responsibilities.
  • Share the action plan along with the impact-effort matrix with stakeholders and monitor the progress with the help of the documents.

More templates and visual ideas for conducting an impact effort analysis

RACI Matrix Template

RACI Matrix Template

Business Action Plan

Business Action Plan

Corrective Action Plan

Corrective Action Plan

Start Stop Continue Template

Start Stop Continue Template

Risk Matrix Template

Risk Matrix Template

Action Plan for Goal Setting

Action Plan for Goal Setting