Question: 3. A company has five different project alternatives to be considered. A weighted scoring matrix has been set up for the evaluation of the projects

3. A company has five different project

3. A company has five different project alternatives to be considered. A weighted scoring matrix has been set up for the evaluation of the projects in the following table. a. Which project has the highest rate and which project has the lowest rate? What are the highest and lowest rate values? b. Whenever the weight of Support level of the sponsor is accepted as 5.0 instead of 2.0, will it change the project selection? Find three highest project and scores with the new weight? Criteria Support level of the sponsor Compliance with company strategy Pressure of time constraint 10% of new product sales Competition Fill market gap Weighted total 2.0 5.0 4.0 3.0 1.0 3.0 9 5 2 0 2 5 3 7 2 0 5 1 Weight Project 1 Project 2 Project 3 Project 4 Project 5 6 8 2 3 6 8 1 0 5 10 6 9 3 10 10 1 8 0

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