How do I implement weighted scoring in my project?

How do I implement weighted scoring in my project?

To implement weighted scoring, start by defining the criteria you want to evaluate and assign weights to each based on their importance.

Can you give me an example of criteria and weights?

Sure! For a project selection, you might have criteria like cost (weight 0.4), impact (weight 0.5), and risk (weight 0.1).

How do I calculate the final score using these weights?

Multiply each criterion score by its weight and sum them up. For example, if a project scores 8 in cost, 9 in impact, and 6 in risk, the score would be (80.4) + (90.5) + (6*0.1).

What if I want to adjust the weights later?

You can easily adjust the weights as needed. Just ensure that the total weight sums to 1, and recalculate the scores accordingly.