What are the benefits of using weighted scoring in decision-making?
Weighted scoring helps prioritize options based on their importance, making decision-making more objective and efficient.
Can you give me an example of how it works?
Sure! If you're choosing a project, you might weigh criteria like cost, impact, and time. Each option gets a score based on these weights.
Are there any drawbacks to using weighted scoring?
Yes, it can be subjective if the weights are not chosen carefully, and it may oversimplify complex decisions.
How can I determine the right weights for my criteria?
You can use methods like expert judgment, historical data analysis, or stakeholder surveys to determine appropriate weights.
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