Weighted Scoring
Weighted scoring is a decision-making tool that helps prioritize options based on specific criteria. Each criterion is assigned a weight that reflects its importance, and options are scored against these criteria. The final score for each option is calculated by multiplying the scores by their respective weights and summing them up. This method allows for a more nuanced evaluation of choices.
This approach is commonly used in various fields, including project management and product development, to assess alternatives like features, projects, or vendors. By using weighted scoring, teams can make more informed decisions that align with their goals and priorities.