A Weighted Scoring Model is a decision-making tool used to prioritize tasks, projects, or features based on predefined criteria. It helps teams objectively evaluate different options by assigning weights and scores to factors such as cost, impact, feasibility, and risk.
How It Works:
- Identify the decision criteria (e.g., cost, ROI, complexity, urgency).
- Assign weights to each criterion based on its importance.
- Score each project/task based on how well it meets each criterion.
- Multiply the score by the assigned weight and sum up the totals.
Example:
| Criteria | Weight (%) | Project A Score (1-10) | Project B Score (1-10) |
| Cost | 30% | 8 (2.4) | 6 (1.8) |
| ROI | 40% | 7 (2.8) | 9 (3.6) |
| Complexity | 30% | 5 (1.5) | 4 (1.2) |
| Total Score | 6.7 | 6.6 |
Conclusion: Project A wins!
Advantages:
✔ Provides data-driven prioritization.
✔ Reduces bias in decision-making.
✔ Ensures alignment with business goals.
Disadvantages:
⚠ Can be complex and time-consuming to set up.
⚠ Requires accurate weight assignments for effective results.
