Question: Q3) Tesla has set up a weighted scoring matrix for evalution of potential projects. Below are four projects under consideration. Strong Sponsor Criteria Weighted Total

Q3) Tesla has set up a weighted scoring matrix

Q3) Tesla has set up a weighted scoring matrix for evalution of potential projects. Below are four projects under consideration. Strong Sponsor Criteria Weighted Total Urgency 10% of sales from new products Competition Supports business strategy 5 2 4 2 3 2 9 0 2 5 7 2 Weight Project 1 Project 2 Project 3 Project 4 3 0 5 6 8 2 3 6 1 0 5 10 6 a) Using scoring matrix above, calculate the weighted score of each project. (5 points) b) Which project would you select? (5 points) c) Briefly discuss how multi-weigted scoring model is used for project selection (5 points) d) Briefly discuss the advantages and dis-advantages of multi-weigted scoring models to check list models. (5 points)

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