How do I assign weights in weighted scoring?

What is weighted scoring and why is it useful?

Weighted scoring is a method used to evaluate options by assigning different importance levels to various criteria. It's useful for making informed decisions based on multiple factors.

How do I determine the weights for each criterion?

You can determine weights by considering the relative importance of each criterion to your overall goal. A common approach is to use a scale from 1 to 10, where higher numbers indicate greater importance.

Can you give me an example of assigning weights?

Sure! If you're evaluating project proposals, you might assign weights like this: Cost (5), Impact (8), Feasibility (6). This means Impact is the most important criterion.

What if I have too many criteria to weigh?

In that case, consider grouping similar criteria together or using a simplified scoring system to reduce complexity.