PACED Decision Making Model
What is PACED?
A PACED decision making model is a five step process that helps the ability to better decision making at any situation. The work PACED is a useful work that helps to remember these five step process.
Step 1: Define the Problem (P)
Why do you have to make a choice?
Step 2: List the Alternatives (A)
What are my possible choices?
Step 3: Determine the Criteria (C)
What makes one option better than another?
Step 4: Evaluate the Alternatives (E)
How well does each option meet the criteria?
Step 5: Make the Decision (D)
Which option is the best for me right now?
PACED Decision-Making Grid
Using the PACED decision making model, we have made numerous decision that most of the time made significant changes to the company. This has helped us make importatnt decisions and will continue to use it.