What is weighted scoring?
An example of an AI chatbot conversation about weighted scoring in decision-making.
Can you explain what weighted scoring is?
Sure! Weighted scoring is a method used to evaluate options by assigning different weights to various criteria based on their importance.
How do you determine the weights for each criterion?
Weights can be determined through stakeholder input, historical data, or by assessing the impact of each criterion on the overall decision.
Can you give me an example of how it works?
Absolutely! For instance, if you're choosing a project, you might weigh criteria like cost (40%), impact (30%), and time (30%). Each option is scored against these criteria, and the weighted scores help you decide.
What are the benefits of using weighted scoring?
The benefits include clearer decision-making, prioritization of important factors, and a structured approach to evaluating options.
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