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You only have the resources to undertake one of four proposed projects in the upcoming fiscal year. All proposed projects will have approximately the same
You only have the resources to undertake one of four proposed projects in the upcoming fiscal year. All proposed projects will have approximately the same cost. A weighed scoring model is used to evaluate and select the project. You use three criteria: (1) Strategic match with organization, (2) Product quality improvement, and (3) Potential to generate future business. You elect to use weightings of 40% for Strategic match with organization, 40% for Product quality improvement, and 20% for Potential to generate future business. You compile ratings on these criteria for the four projects under consideration (with a 5 being the highest rating available and 1 being the lowest rating available). The results are given below. Which
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