The Eisenhower Matrix, named after US President Dwight D. Eisenhower, was originally a method to prioritize tasks, projects, or portfolios and facilitate decision-making. In project management, the Matrix (Eisenhower Box) can be used to select important and unimportant, urgent and non-urgent tasks.
This way, tasks can be sorted by importance and urgency. It aims to increase effectiveness.
In project management tools, this model is used to visualize portfolio analyses and risk management, as shown in the following figures:
What is program management, what are the tasks of a program manager and how can you differentiate it from multi-project and portfolio management?
In project management, a portfolio is an amount of projects that are managed together. Projects are bundled in a portfolio if they are comparable, if they can be assigned to a certain unit (e.g. business unit), if they are interdependent, or if synergy effects result from the bundling.
In portfolio analysis, the projects in a portfolio are assessed, evaluated and compared with each other on the basis of certain criteria. A common method for portfolio analysis is, for example, the Eisenhower Matrix.
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