Question
X2-7 (Algo) The Custom Bike Company... The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects. Below are five
X2-7 (Algo) The Custom Bike Company...
The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects. Below are five projects under consideration.
| Criteria | Strong sponsor | Supports business strategy | Urgency | 10% of sales from new products | Competition | Fill market gap |
| Weight | 2 | 1 | 4 | 2 | 3 | 2 |
| Project 1 | 0 | 1 | 5 | 2 | 10 | 9 |
| Project 2 | 0 | 2 | 9 | 1 | 2 | 4 |
| Project 3 | 0 | 3 | 6 | 4 | 9 | 5 |
| Project 4 | 5 | 7 | 4 | 9 | 9 | 9 |
| Project 5 | 1 | 7 | 5 | 1 | 10 | 4 |
Using the scoring matrix above, what score would you give to each project?
Which project would you choose first?
If the weight for Strong Sponsor is changed from 2 to 5, what score would you give to each project?
Now, which project would you choose first?
Why is it important that the weights mirror critical strategic factors?
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New Principles Of Best Practice In Clinical Audit
Authors: Robin Burgess
2nd Edition
1138443646, 978-1138443648
