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Manage Your Health Inc.

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Submitted By samweizen
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Manage Your Health Inc. is currently considering four unique projects that will take the company in different directions for the future. While the proposed projects all have their benefits, selecting the project that better addresses broad organizational needs is ideal. To do this a weighted scoring model is developed to compare the projects based on 5 main criterion. A chart detailing these criterion and their weighted values can be seen in Exhibit __. In this case, supporting the main business objectives carries a 40% weight or twice the value for Net Present Value (NPV) and four times the value of the weight for duration of implementation. Because the amount of time for implementation is least critical, it is assigned the lowest weight. By assigning a value between 0 and 100 for each project criterion you can see how well each project satisfies these requirements. The Wellness Intranet Project has the highest NPV while fulfilling the key business objectives the most. Because of this, the project is assigned higher scores for these criterion compared to the other projects. By using a spreadsheet we can calculate the weighted score for each project by multiplying each criterion weight by its score and adding the resulting values for each project. The Wellness Intranet Project had the highest score at 87.25, followed by the Web-Enhanced System at 70.25. In this case, these two projects could have been more even had the Web-Enhanced System provided a higher NPV and a lower cost for implementation. Many times it proves difficult selecting a project when many quality choices exist. By using the weighted scoring model you are able to choose the main project criterion and see how each project satisfies or benefits them. The Wellness Intranet Project addresses the main business objectives the most and has a higher overall weighted score compared to the other

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