How do I create a weighted scoring model for my project?
To create a weighted scoring model, start by identifying the criteria that are important for your project.
What criteria should I consider?
Consider factors like cost, time, quality, and risk. Assign weights based on their importance to your project.
How do I assign weights to each criterion?
You can use a scale of 1 to 10, where 10 is the most important. Then, sum the weights to ensure they total 100.
Can you give me an example of how to calculate the scores?
Sure! If you have three criteria with weights of 50, 30, and 20, and scores of 8, 6, and 9, the total score would be (850 + 630 + 9*20) / 100.
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