A Checklist model was applied on projects Alpha and Beta.

Project Alpha
Criteria	High	Med	Low
Cost	X
Profit Potential			X
Time to Market		X
Development Risks			X

Project Alpha
Criteria	High	Med	Low
Cost	X
Profit Potential			X
Time to Market		X
Development Risks			X

a) Briefly state two advantages and two disadvantages of the Checklist model.

b) Implement a Weighted Scoring Model from the above using the following weights for the criteria: Cost (11); Profit Potential (3); Time to Market (5); Development Risks (1). Use the tables in response template to write your answer. Don't forget the columns headings.

c) Indicate the winning project.

NB. Use the response template as guideline for your answer