The prioritization matrix is a tool used to prioritize items and describe them in terms of weighted criteria. You can use this free Prioritization Matrix template for PowerPoint presentations to show the highest priority tasks in a project planning presentation or project management PowerPoint presentations.

Prioritization Matrix is also a tool used in Six Sigma but other applications of prioritization matrix includes Return-on-Investment (ROI) Analysis and Cost-Benefit analysis (Investment vs. Return), Time management Matrix (Urgency vs. Importance) and Project Planning.