https://d2vlcm61l7u1fs.cloudfront.net/media%2F1a9%2F1a9debaf-e37e-4d8c-9d05-60e257aaf07f%2FphpNFDBbQ.png
Weighted total for project 1:
(2 x 9) + (5 x 5) + (4 x 2) + (3 x 0) + (1 x 2) + (3 x 5) = 18 + 25 + 8 + 0 + 2 + 15 = 68
Weighted total for project 2:
(2 x 3) + (5 x 7) + (4 x 2) + (3 x 0) + (1 x 5) + (3 x 1) = 6 + 35 + 8 + 0 + 5 + 3 = 57
Weighted total for project 3:
(2 x 6) + (5 x 8) + (4 x 2) + (3 x 3) + (1 x 6) + (3 x 8) = 12 + 40 + 8 + 9 + 6 + 24 = 99
Weighted total for project 4:
(2 x 1) + (5 x 0) + (4 x 5) + (3 x 10) + (1 x 6) + (3 x 9) = 2 + 0 + 20 + 30 + 6 + 27 = 85
Weighted total for project 5:
(2 x 3) + (5 x 10) + (4 x 10) + (3 x 1) + (1 x 8) + (3 x 0) = 6 + 50 + 40 + 3 + 8 + 0 = 107
From the above calculations, we can determine that project 5 has the highest weighted score and project 2 has the lowest weighted score. Therefore, project 5 will be rated the highest and project 2 will be rated the lowest.
Part (B)
Now, if the weight for “strong sponsor” is changed from 2.0 to 5.0, the weighted total score will be changed as below:
https://d2vlcm61l7u1fs.cloudfront.net/media%2F4db%2F4dbf52c2-b65d-48d2-8ae9-ca9d4a7eefe8%2FphpJpwZyr.png
Weighted total for project 1:
(5 x 9) + (5 x 5) + (4 x 2) + (3 x 0) + (1 x 2) + (3 x 5) = 45 + 25 + 8 + 0 + 2 + 15 = 95
Weighted total for project 2:
(5 x 3) + (5 x 7) + (4 x 2) + (3 x 0) + (1 x 5) + (3 x 1) = 15 + 35 + 8 + 0 + 5 + 3 = 66
Weighted total for project 3:
(5 x 6) + (5 x 8) + (4 x 2) + (3 x 3) + (1 x 6) + (3 x 8) = 30 + 40 + 8 + 9 + 6 + 24 = 117
Weighted total for project 4:
(5 x 1) + (5 x 0) + (4 x 5) + (3 x 10) + (1 x 6) + (3 x 9) = 5 + 0 + 20 + 30 + 6 + 27 = 88
Weighted total for project 5:
(5 x 3) + (5 x 10) + (4 x 10) + (3 x 1) + (1 x 8) + (3 x 0) = 15 + 50 + 40 + 3 + 8 + 0 = 116
From the above calculations, we can determine the three highest weighted projects:
1st – Project 3 – Total weighted score = 117
2nd – Project 5 – Total weighted score = 116
3rd – Project 1 – Total weighted score = 95
With change in the total weighted score, project choice will be changed from project 5 to project 3.
Part (C)
It is critical that weights mirror critical strategic factors because in the absence of the accurate weights that does not reflect the important strategic factor of the organisation, it won’t be able to choose the right projects, there by, not fulfilling the firm’s strategic goals.
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