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A Company has set up a weighted scoring matrix for evaluation of a three potential projects....

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Mechanical Engineering

A Company has set up a weighted scoring matrix forevaluation of a three potential projects. Below are the weightedproject scores of the three projects :

  • Project A : The weighted projectscores = 115
  • Project B : The weighted projectscores = 99
  • Project C : The weighted projectscores = 75

Using the weighted project scores,which project should be the company firstpriority?

Answer & Explanation Solved by verified expert
3.6 Ratings (645 Votes)

Weighted project scores of the three projects :

  • Project A : The weighted project scores = 115
  • Project B : The weighted project scores = 99
  • Project C : The weighted project scores = 75

In weighted scoring matrix for evaluation, the project with higher weighage is given first priority and the project with lowest score is given least priority.

From the given data Project A has highest weighted scores of 115 compared to other 2 projects. Hence Project A should be the first priority of the company and  Project C should be the last priority of the company .
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