Weighted Score

Learning Goal: I’m working on a engineering project and need support to help me learn.

Learning Goal: I’m working on a engineering question and need support to help me learn.

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  1. Three new-product ideas have been suggested. These ideas have been rated as shown in the Table below
    Criteria A B C Weight (%)
    Development cost P F VG 10
    Sales prospects VG E G 15
    Producibility P F G 10
    Competitive advantage E VG F 15
    Technical risk P F VG 20
    Patent protection F F VG 10
    Compatibility with strategy VG F F 20
    * P = poor, F = fair, G = good, VG = very good, E = excellent
    1. Using an equal point spread for all five ratings (i.e., P = 1 , F = 2 , G = 3 , VG = 4 , E = 5 P=1, F=2, G=3, VG=4, E=5), determine a weighted score for each product idea. What is the ranking of the three products?
    2. Rank the criteria, compute the rank-sum weights, and determine the score for each alternative. Do the same using the rank reciprocal weights.
    3. What are some of the advantages and disadvantages of this method of product selection?
  2. 2-3pages
  1. #1. What is Six Sigma – what does it mean mathematically? What tools, techniques, and methods that you would you traditionally use in a Six Sigma facilitation? What do you envision the roles and responsibilities for a Six Sigma centered project? Provide 8 Six Sigma tools and explain what they are used for.#2. For this assignment, you have been assigned as the project manager for a project involving the installation of a new Internet security suite for your company.Complete the following tasks for your project:
    • Provide a brief overview of your project.
    • Describe positive and negative risks within your project.
    • Discuss how each of the identified risks can affect the success or failure of the project and rank each risk in terms of impact to the project.
    • Propose risk mitigation and management approaches for each identified risk.
    • Describe the role policy plays in the planning and performing of risk management processes.


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