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B. Weighted Scoring model. In addition to financial analysis, you will also use the weighted Scoring Model (WSM) in order to help ITS Company make

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B. Weighted Scoring model. In addition to financial analysis, you will also use the weighted Scoring Model (WSM) in order to help ITS Company make a better decision based on a set of relevant criteria. These criteria are the followings: . Time to completion. - Risk. - Difficulty. Customer support. The following table give the weight of each criteria as well as the rating of each project according to each criterion. Project 1 Project 2 Criteria Weight Rating Rating Time to completion 30 15 Risk Difficulty 30 Customer support 10 14 1 30 S 3 4 2 Q5. Calculate the total score of each project based on the Weighted Scoring Model in order to rank projects. [2 mark] Q6. Which project will be selected based on the Weighted Scoring Model? [0.5] Justify your answer. [0.5 mark]

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