Question: Create a weighted scoring model to determine which project to select. Assume the criteria are cost, strategic value, risk, and nancials, with weights of 10%,
Create a weighted scoring model to determine which project to select. Assume the criteria are cost, strategic value, risk, and nancials, with weights of 10%, 40%, 20%, and 30%, respectively. Enter values for Project I as 90, 70, 85, and 50; Project 2 as 75, 80, 70, and 70; and Project 3 as 90 for each criterion. Use the weighted scoring model discussed in lecture material, create the model, calculate the weighted score, and graph the results. Which project would you select? Why?
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