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Custom Bike Company has created a weighted scoring matrix to evaluate potential projects. Below are five projects under consideration. criteria Strong sponsor Supports business strategy

Custom Bike Company has created a weighted scoring matrix to evaluate potential projects. Below are five projects under consideration.

criteriaStrong sponsorSupports business strategyUrgency10% of sales from new productsCompetitionFill the market gap
Weight222231
1. Project480760
Project 2496881
Project 33105712
Project 45102702
Project 510957110

1. Using the scoring matrix above, how many points would you give each project?

2. Which project would you choose first?

3. If the weight of “Strong Sponsor” increases from 2 to 5, how many points would you give each project?

4. Now which project would you choose first?

5. Why is it important for weights to reflect critical strategic factors?

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1 Calculate the points for each project Project 1 Points 4 2 8 2 0 2 7 2 6 3 0 1 8 16 0 14 18 0 56 P... blur-text-image

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