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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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