What is weighted scoring and how can it be applied?
An example of an AI chatbot conversation about weighted scoring in decision-making.
What is weighted scoring and how can it be applied?
Weighted scoring is a method used to evaluate options based on multiple criteria, assigning different weights to each criterion.
Can you give me an example of how to use weighted scoring in project selection?
Sure! Imagine you have three projects to choose from, and you evaluate them based on cost, impact, and time. You assign weights to each criterion based on their importance.
How do I determine the weights for each criterion?
You can determine weights through team discussions, surveys, or by analyzing past project outcomes to see what factors were most influential.
What are some common pitfalls to avoid when using weighted scoring?
Common pitfalls include not involving key stakeholders in the weighting process, overcomplicating the criteria, and failing to review the scoring regularly.
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