Question: A weighted scoring model is a tool that provides a systematic process for selecting projects based on many criteria. Based on criteria given in the

A weighted scoring model is a tool that provides a systematic process for selecting projects based on many criteria. Based on criteria given in the Table 2.0 below, answer the following questions. Table 2.0 Criteria 85 Value Risk Difficulty Success Compliance Relationships Stakeholder Urgency Weight Project Project Project Project A B D 20% 40 80 35 45 20% 30 60 75 15% 50 55 25 80 10% 55 30 30 60 5% 60 35 50 50 5% 80 80 70 15% 45 25 60 50 10% 40 60 80 25 50 a) Calculate the weighted project scores for Project A, Project B, Project C and Project D. (show your calculations). [9 marks] b) Identify which project would you rate as highest and lowest? Based on the scores calculated, which project should be selected? [3 marks] c) In your opinion, why is it important that the weights effect critical strategic factors? [2 marks]
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