5. PMI -
Plus/Minus/Implications
PMI
stands for 'Plus/Minus/Implications'. It is a valuable improvement to the
'weighing pros and cons' technique used for centuries. It is an important
decision-making tool: Before moving straight to action on this course of
action, it is important to check that it is going to improve the situation.
Steps to use tool:
1. Draw up a table
headed up with: 'Plus', 'Minus', and ‘Implications’. Write down all the
positive results of taking the action under the positive column. Underneath
'Minus' write down all the negative effects. In the
'Implications' column write down the implications and possible outcomes of
taking the action, whether positive or negative.
2. Consider each of the
points you have written down and assign a positive or negative score to it
appropriately. The scores you assign may be quite subjective.
3. Add up the score. A
strongly positive score shows that an action should be taken, a strongly
negative score that it should be avoided
Example:
A
young professional is deciding where to live. Her question is 'Should she move
to the big city
She draws up the PMI table below:
Plus |
Minus |
Implications |
More going on (+5) |
Have to sell house
(-6) |
Easier to find new
job? (+1) |
Easier to see friends (+5) |
More pollution (-3) |
Meet more people?
(+2) |
Easier to get places (+3) |
Less space (-3) |
More difficult to
get own work done? (-4) |
|
No countryside (-2) |
2 |
|
More difficult to
get to work? (-4) |
3 |
+13 |
-18 |
-1 |
She
scores the table as 13 (Plus) - 18 (Minus) - 1 (Interesting) = - 6
For
her, the comforts of a settled rural existence outweigh the call of the 'bright
lights' - it would be much better for her to live outside the city, but close
enough to travel in if necessary.
PMI was codified by Edward de Bono.