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Table Q4b. shows data obtained using the scoring method in a project selection exercise. (i) Describe clearly how the scoring method works, using table Q4b. as an example upon which to base your description. (ii) The project manager must select one project only. State which project, the project manager should select (Project A, Project B or Project C) and provide a justification based on the data provided in Table Q4b. Weighted Score (= Score x Weighting) Criterion Weight Project A Project B Project C Criterion 1 Mandatory Yes Yes No Criterion 2 10 9 x 10 = 90 8x 10 = 80 9х 10 %3D 90 Criterion 3 9 x 8 = 72 8 x 8 = 64 9 x 8 = 72 Criterion 4 6х63 36 7x 6 = 42 9 x 6 = 54 Criterion 5 4 7x 4 = 28 8 x 4 = 32 9 x 4 = 36 Total Score 226 218 252 Table Q4b

Table Q4b. shows data obtained using the scoring method in a project selection exercise. (i) Describe clearly how the scoring method works, using table Q4b. as an example upon which to base your description. (ii) The project manager must select one project only. State which project, the project manager should select (Project A, Project B or Project C) and provide a justification based on the data provided in Table Q4b. Weighted Score (= Score x Weighting) Criterion Weight Project A Project B Project C Criterion 1 Mandatory Yes Yes No Criterion 2 10 9 x 10 = 90 8x 10 = 80 9х 10 %3D 90 Criterion 3 9 x 8 = 72 8 x 8 = 64 9 x 8 = 72 Criterion 4 6х63 36 7x 6 = 42 9 x 6 = 54 Criterion 5 4 7x 4 = 28 8 x 4 = 32 9 x 4 = 36 Total Score 226 218 252 Table Q4b

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Table Q4b. shows data obtained using the scoring method in a project selection exercise. (i) Describe clearly how the scoring method works, using table Q4b. as an example upon which to base your description. (ii) The project manager must select one project only. State which project, the project manager should select (Project A, Project B or Project C) and provide a justification based on the data provided in Table Q4b. Weighted Score (= Score x Weighting) Criterion Weight Project A Project B Project C Criterion 1 Mandatory Yes Yes No Criterion 2 10 9 x 10 = 90 8 x 10 = 80 9 x 10 = 90 Criterion 3 8 9х8%3D 72 8 x 8 = 64 9 x 8 = 72 Criterion 4 6 x 6 = 36 7 x 6 = 42 9 x 6 = 54 Criterion 5 4 7x 4 = 28 8 x 4 = 32 9 x 4 = 36 Total Score 226 218 252 Table Q4b
Transcribed Image Text:Table Q4b. shows data obtained using the scoring method in a project selection exercise. (i) Describe clearly how the scoring method works, using table Q4b. as an example upon which to base your description. (ii) The project manager must select one project only. State which project, the project manager should select (Project A, Project B or Project C) and provide a justification based on the data provided in Table Q4b. Weighted Score (= Score x Weighting) Criterion Weight Project A Project B Project C Criterion 1 Mandatory Yes Yes No Criterion 2 10 9 x 10 = 90 8 x 10 = 80 9 x 10 = 90 Criterion 3 8 9х8%3D 72 8 x 8 = 64 9 x 8 = 72 Criterion 4 6 x 6 = 36 7 x 6 = 42 9 x 6 = 54 Criterion 5 4 7x 4 = 28 8 x 4 = 32 9 x 4 = 36 Total Score 226 218 252 Table Q4b
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