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1 March, 17:50

Screening Model. Assume that the following criteria relevant to the process of screening various project opportunities are weighted in importance as follows:

• Quality (5)

• Cost (3)

• Speed to Market (7)

• Visibility (5)

• Reliability (1)

Our company has four project alternatives that satisfy these key feature as follows:

Alpha Bete Gamma Delta

Quality 1 3 3 5

Cost 7 7 5 3

Speed 5 5 3 5

Visibility 3 1 5 1

Reliability 5 5 7 7

Construct a project screening matrix to identify among these four projects the most likely candidates to be implemented.

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  1. 1 March, 19:46
    0
    Project Alpha 81

    Project Beta 81

    Project Gamma 83

    Project Delta 81

    Among the four projects the most likely candidates to be implemented will

    be Project Gamma.

    Explanation:

    Screening Model

    1. Calculation for Project Alpha

    Important Weight*Weight Score = Weighted Score

    Quality 5 * 1 = 5

    Cost 3 * 7 = 21

    Speed 7 * 5 = 35

    Visibility 5 * 3 = 15

    Reliability 1 * 5 = 5

    Total Score = 81

    2. Important Weight * Weight Score = Weighted Score

    Calculation for Project Beta

    Quality 5 * 3 = 15

    Cost 3 * 7 = 21

    Speed 7 * 5 = 35

    Visibility 5*1 = 5

    Reliability 1 * 5 = 5

    Total Score = 81

    3. Important Weight * Weight Score = Weighted Score

    Calculation for Project Gamma

    Quality 5 * 3 = 15

    Cost 3 * 5 = 15

    Speed 7 * 3 = 21

    Visibility 5*5 = 25

    Reliability 1*7 = 7

    Total Score=83

    4. Important Weight * Weight Score = Weighted Score

    Calculation for project Delta

    Quality 5 * 5 = 25

    Cost 3 * 3 = 9

    Speed 7 * 5 = 35

    Visibility 5*1 = 5

    Reliability 1 * 7 = 7

    Total Score = 81

    Therefore among the four projects the most likely candidates to be implemented will

    be Project Gamma because it has the highest

    score with a score of 83.
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