TERM| Stacey Matrix

 

Understanding the Stacey Matrix

Understanding the Stacey Matrix

In the realm of Project Management and Change Management, the Stacey Matrix is a crucial tool. It is a model used to understand the complexity of projects and how to manage them effectively.

The Stacey Matrix was developed by Ralph Douglas Stacey, a British organizational theorist and Professor of Management. It is a diagram that plots the degree of certainty against the level of agreement on the goals of a project. The matrix helps to identify the nature of a project and suggests the most appropriate management approach.

There are four quadrants in the Stacey Matrix:

  • Simple: High agreement and certainty
  • Complicated: High agreement, low certainty
  • Complex: Low agreement, high certainty
  • Chaotic: Low agreement and certainty

For more detailed information about the Stacey Matrix, you can visit its Wikipedia page.

References

1. ProjectManagement.com – The Stacey Matrix

2. Mind Tools – Understanding the Stacey Matrix