Time Management
Useful Links
 
Not a
Member Yet?
The Mind Tools Career Excellence Club gives you the training, coaching and support you need to make a lasting success of your career. Take our FREE tour, and find out what it can do for you!
Recent Discussions:
 
Quick Start
 
Relevant
Courses & Resources
     
 

Learn how to master the stresses that come with a successful, high-powered career...

 
 

Time CAN be on Your Side with "Make Time for Success!" Discover the 39 essential tools needed to map out your goals, maximize your effectiveness, and win control of your time and your life.

More >>

 
     
  Career Excellence
with a Mind Tools
Coach
 
 
Mind Tools Coach - Sharon Juden
 
 

Mind Tools Career Coaches give you the focused personal help you need to find direction, think through your goals, and make the very most of your life and career.

Find Out More >>

 
     
 

Mind Tools Ebook

 
 

 
 

The key tools on the Mind Tools site, brought together into one easily downloadable, easily printable PDF.

More>>

 
     

   Mind Tools
E-book
 
  


Mind Tools E-book

The key tools on the Mind Tools site, brought together into one easily downloadable, easily printable PDF.

More>>

PMI

Weighing the Pros and Cons of a Decision

PMI stands for 'Plus/Minus/Interesting'. It is a valuable improvement to the 'weighing pros and cons' technique used for centuries.

PMI is an important Decision Making tool: the mind tools used so far in this section have focused on selecting a course of action from a range of options. Before you move straight to action on this course of action, it is important to check that it is going to improve the situation (it may actually be best to do nothing!) PMI is a useful tool for doing this.

How to Use the Tool:

In the column underneath 'Plus', write down all the positive results of taking the action. Underneath 'Minus' write down all the negative effects. In the 'Interesting' column write down the implications and possible outcomes of taking the action, whether positive, negative, or uncertain.

By this stage it may already be obvious whether or not you should implement the decision. If it is not, 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.

Once you have done this, 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:

PlusMinusInteresting
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) 
 More difficult to get to work? (-4) 
+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 in his book Serious Creativity.

Key points:

PMI is a good way of weighing the pros, cons and implications of a decision. When you have selected a course of action, PMI is a good technique to use to check that it is worth taking.

To use the technique, draw up a table with three columns headed Plus, Minus and Interesting. Within the table write down all the positive points of following the course of action, all the negatives, and all the interesting implications and possible outcomes.

If the decision is still not obvious, you can then score the table to show the importance of individual items. The total score should show whether it is worth implementing the decision.

MindTools.com - Join Our Community!

The next technique we explain, "forcefield analysis", helps you evaluate the forces for and against change – essential if your to avoid "biting off more than you can chew"! To read this, click "Next article" below. Other relevant destinations are shown in the "Where to go from here" list

Spread the Word:

del.icio.us    Digg it    reddit    StumbleUpon
Where to go from here: Join Mind Tools Free Newsletter
  Download & Print Next Article
 
 

New Articles (Not included in the Mind Tools E-book.)
* Shows articles available in full only to
Career Excellence Club members

Analytic Hierarchy Process (AHP) - Choosing by weighing up many subjective factors
Reactive Decision Making - Making good decisions under pressure*
Spiral Dynamics - Understanding how people's values affect decision making*
Critical Thinking - Developing the skills for successful thinking*
The Ladder of Inference - Avoiding "jumping to conclusions"*
Blindspot Analysis - Avoiding common "fatal flaws" in decision making*
Multi-Voting - Choosing fairly between many options*
Monte Carlo Analysis - Bringing uncertainty and risk into forecasting*
The Kepner-Tregoe Matrix - Making unbiased, risk assessed decisions*
Impact Analysis - Identifying the "unexpected" consequences of a decision*
Avoiding Groupthink - Avoiding fatal flaws in group decision making*
The Delphi Technique - Achieving well thought through consensus among experts*
Nominal Group Technique- Prioritizing issues and projects to achieve consensus*
Stepladder Technique - Making better group decisions
Decision Making - Are you "cautious" or "courageous"? *
The Vroom-Yetton-Jago Decision Model - Deciding how to decide*

A full list of Mind Tools articles is available here.

return to top

Learn to manage the stress in your life with our sister site, stress.mindtools.com.

Mind Tools Store: Mind Tools Ebook, Make Time for Success
 Stress Management Masterclass, How to Lead
 Relaxation MP3s

© Mind Tools Ltd, 1995-2009, All Rights Reserved

We welcome appropriate reprinting and reuse of Mind Tools material,
however, you must get our permission first!
To do this, please visit our Permissions Center.

Store · Search · Newsletter · Downloads · Advertisers · Affiliates

MindTools.com is one of the Internet's most-visited career skills resources.
Click here to see analysis.

Mind Tools
Free eNewsletter
New Career Skills - twice a month PLUS Guide to Group Decision Making Free!
Subscribe to our free e-newsletter, and get new skill-builder tools every two weeks. Plus get our Guide to Group Decision Making worth US$9.99 free when you subscribe!
"Great newsletter. Simple and not too long. Great articles. Thank you."
Mandi J Luis, Burlington, Ontario, Canada
First name
Email
Privacy Policy
 
What People Say
About Mind Tools...
 

"Your stuff is always timely and helpful. Sometimes in an extraordinary way, never banal. Keep up the good work."

 

Thomas M. Graham, Ph. D.,  Colorado Springs, Colorado, USA

 

"Thanks for your informative  newsletters and to be honest they have really added up value  to my work. I borrow some of the concepts as am involved in  training in the Conservation field. Thanks once again and help  us build our knowledge base."

 

Jacob Machekele,
 Nairobi,
 Kenya

 

"Thanks for the Mind Tools  Newsletters! I have been using Mind Tools for more than a year  now, and let me tell you that I have got so many effective guides  that I am a very different person from last year. I really appreciate  your work."

 

Faraidoon Jawed,
 Kabul,
 Afghanistan

 

"I love this site, and the forums.  I have been able to get a lot of helpful and insightful information  from many of the tools that you provide, and also from the other  contributors. I feel like I have finally found a tool that provides  answers."

 

Bill Tucker

 
 
What Bugs You?
Let us know about anything wrong, or anything you don't like about this site, and you could win a US$50 Amazon voucher!
 
Sponsored Links



Search Now:
In Association with Amazon.com