Question: What are other methods to identify other projects how do these compare to the weighted scoring matrix? TASK 1 (PROJECT EVALUATION) 20 MARKS The Custom

What are other methods to identify other projects how do these compare to the weighted scoring matrix?
TASK 1 (PROJECT EVALUATION) 20 MARKS The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects. Below are five projects under consideration. Criteria Weight Strong sponsor Supports business strategy Urgency 10% of sales o from new products Competition Fill market gap Weighted total 2.0 5.0 4.0 3.0 1.0 3.0 9 5 2 2 5 3 7 2 0 1 Project 1 Project 2 Project 3 Project 4 Project 5 6 6 09 8 2 3 8 1 o 5 10 6 9 3 10 10 1 8 8 0Step by Step Solution
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