Using the scoring matrix in the following chart, which project would you rate highest? Lowest? 2. If the weight for “Strong Sponsor” is changed from 2.0 to 5.0, will the project selection change? What are the three highest-weighted project scores with this new weight? 3. Why is it important that the weights mirror critical strategic factors?
Using the scoring matrix in the following chart, which project would you rate highest? Lowest? 2. If the weight for “Strong Sponsor” is changed from 2.0 to 5.0, will the project selection change? What are the three highest-weighted project scores with this new weight? 3. Why is it important that the weights mirror critical strategic factors?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
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The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects. Following are five projects under consideration.
1. Using the scoring matrix in the following chart, which project would you rate highest? Lowest?
2. If the weight for “Strong Sponsor” is changed from 2.0 to 5.0, will the project selection change? What are the three highest-weighted project scores with this new weight?
3. Why is it important that the weights mirror critical strategic factors?
Transcribed Image Text:Criteria
Weight
Project 1
Project 2
Project 3
Project 4
Project 5
Strong
2.0
9
3
6
1
3
sponsor
Supports
business
strategy
5.0
5
7
8
0
10
Urgency
4.0
2
NN
2
2
5
10
10% of
3.0
0
0
3
10
1
sales from
new products
1.0
2
5
6
600
8
Competition
Fill market
gap
3.0
5
1
8
00
9
0
Weighted
total
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