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The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects. Following are five projects under consideration. Criteria Strong sponsor

The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects. Following are five projects under consideration.

Criteria Strong sponsor Supports business strategy Urgency 10% of sales from new products Competition Fill market gap
Weight 2 3 4 4 5 5
Project 1 3 1 7 1 7 8
Project 2 10 0 8 3 0 0
Project 3 4 9 9 6 9 0
Project 4 4 8 5 2 2 7
Project 5 8 5 6 7 1 3

Using the scoring matrix above, what score would you give to each project?

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