The T's Chart

It's all about decisions!

All the time we have to take decisions but sometimes the are so many options and it is difficult to know which one is the better one.

Benjamin Franklin is well known for using and applying the T's chart.

How to decide between two or more possibilities?




Every decision has and advantage and disadvantage. For this it is important to make 6 columns.

1. In the first column you will write the variables you take in consideration for choosing between the options. Example: I will like to go to the cinema with my friends but in the other hand I will also like to go to the park the same day with my friends. In my first columns I will write variables like: price, time, type of friends, food, activities for being done, etc.


2. In the second column you will give a numeric value from 1 to 10 according to the importance of the variable. Example: Time was one of my variables; time is very important for me so I'll give this variable a value of 10.


3. In the third column you will write the tittle of one of your options and will start giving numerical values of how near it is to your variable value. Example: Time has an importance value of 10, but going to the park will take more. So it is a disadvantage, the value which I decide will be 7.


4. In the fourth column you'll multiply the value of the variable and the value of the option. Example 10 points from time value x7 points of time spending in the park =70 points


5. In the fifth and sixth column you will make the same but with the other option. Example: in this case I will write the cinema option.


6. After you've done this you make a sum of each column of the results from the multiplications. The column with more points is the better option! problem solve!

This method might result very effective as well as it has it disadvantages.

Advantages:

The results should go in accordance to the thing you must like

Includes many variables

An organize way to analyse the situation

Shows specifically information about both decissions

disadvantages:

It might not be neutral

The decision taken migh seem as the better option for your interest but might be bad for you in the future