The appropriate “weighted” in the weighted-criteria evaluation system is derived from the fact that the company will consider particular criteria more important than others and therefore, will give those criteria a higher possible part of the complete score.
The weighted criteria evaluation system is a valuable decision-making technique that is used to analyse program options based on particular evaluation criteria weighted by significance.
By evaluating various options based on their performance with respect to personal criteria, a value for the options can be recognized. The value for each option can be collated to generate a rank order of their performance connected to the criteria as a whole.
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