Kipling Method Weighted Scoring Model (WSM)

Introduction

A weighted scoring model is a tool that provides a systematic process for selecting
projects based on many criteria. This is best utilized in a portfolio environment as a
selection method that can be applied by a project selection committee. The following
steps define the process for applying a weighted scoring model. The first three steps
are to create the model at the organizational level. The last three steps are to apply the
model to projects in the organization. The first three steps is very important for the
selection of the project selection in identifying the most suitable criteria that suit to our
project which is Collaboration Learning Space. So here, we should understand what
does it by Collaboration Learning Space before we proceed to choose our most suitable
criteria regarding to Collaboration Learning Space. As we all know CLS is a new trend
learning environment including exposing student to the new technology.

Purpose

The weighted scoring model is very useful to help the project team to choose the project
by calculating the weighted scoring model, this method is can be done by using
Microsoft excel to help the team to gain the best project selection. Basically, weighted
scoring model is a simple method to make everybody understand what we need and
what we should choose for our project. The steps of the weighted scoring model should
be done properly to make the team can clearly understand what should we choose for
our project to protect the wrong choosing method that lead to the lost and to use the
opportunities from advantages of using this method.

Project selection Weighted Scoring Model

As we all know project selection is the necessary part before we proceed to our project.
So thats why we should be more alert toward our project selection by using the
weighted score, but the weighted score is actually can help us through many We know
that the performance of the organization in totally depends on the working capabilities
of employees. So choosing the right people for the right position at the right time is the
most important decision and this decision is directly affect the performance of our
organization. The organization always tries to improve their tools and techniques by
which they hire employees for the organization. In a same way when we choose any
project we think about the risk and the advantages associated with it. If the organization
chooses the wrong project without any analysis then they can face the trouble and loss
but if the organization chooses the right project then they can make a profit from that
project. It is necessary to analyse any project before the selection. We also use some
techniques to analyse and predict the effect of the project on the organization. One of
the models to choose the project is scoring model.
The advantages of using scoring model in project selection is

1) Helps to predict profitability from project- It helps to analyse the profitability from
the project. Scoring model has hundreds of processes by which we can analyse the
profitability from a project. So it predicts that how much we can earn from project if
we take it to complete.

2) Make decision more consistent- It is another big advantage of scoring model. We

know that scoring model have series of techniques which is applied again and again
after a specific time and after the application of these techniques we can monitor the
condition of the project. We can analyze from scoring technique that can we make
profit from the project or will face loss from the project.

3) Quality reporting- The scoring model has the different way of reporting. We have
known the in a project we have number of activities and we have to monitor each and
every activity. Scoring model monitor these activities and gives a rating and on behalf
of this rating we can analyse the performance of the project. So it helps to give the
quality reporting about the project status.

Limitations of scoring models-

1) Need investment to make a good model- If we want professionally designed and

validated scoring model to choose the right project then we have to design it
according to the project requirement which needs money investment. So it is a costly
model to apply in organization.

2) Choose right parameters for rating- It is a very crucial task to choose the right
parameter for rating purpose. We have to identify that which task is important for the
project which needs rating.

3) Needs for monitoring- It needs too much monitoring to get the best results. We do
not monitor the parameters of the project seriously then there are chances to give
wrong rating project parameters. So the managers have to keep their eyes on every
parameter of project go give the correct rating.
HOW to do the weighted scoring model.

Wms is a technique for putting a semblance of objectivity into a subjective process by

using a consistent list of criteria, weighted according to the important or priority of the
criteria to the organization, a comparison of similar solution can be completed.

1. Determine criteria that are important to the project selection process.

2. Assign weights to each criterion or group of criteria based on their importance to

the organization.

3. Develop a scoring rubric to remove subjectivity for each criterion and

standardize scoring.

4. Apply the scoring rubric to assign raw scores for each criterion to each project.

5. Multiply the raw scores by the weights to get the weighted scores for each
criterion on each project. Add the weighted scores up for each project.

6. Choose the project according to the highest weighted scores.

 COLLABORATIVE LEARNING SPACE SPONSORSHIP

ELECTRONIC INFRASTRUCTURE

PROJECTOR IMAGE FURNITURE SOFTWARE

WALL MOUNTED WIRELESS/INTERNET/HARDWI
FLAT PANEL CARPET RED NETWORK CONNECTIVITY
MODERN TABLE/CHAIR REMOTE CONTROL
WHITEBOARD INSTRUCTOR STATION CCTV
ROBOTIC SOUNDPROOF WALL CHARGING EQUIPMENT
CLEANING THUMBPRINT ATTENDANCE
PC/LAPTOP SPEAKER
WEIGHTED SCORING MODEL

We had chosen the best item for each equipment that we need to proceed our project with a
certain budget. This weighted scoring model is to make sure our selected item is suit with
each suitability requirement to do our project. The highest weighted scores is project 2. So,
the brand for project 2 is already been calculated based on their price and also their brand.
The objective of WSM is to make sure that each criteria is been weighted according to the
most important criteria that we need.

CRITERIA WEIGHT PROJECT 1 PROJECT 2 PROJECT 3 PROJECT 4

SUPPORTS KEY BUSINESS OBJECTIVES 25% 90 90 50 20
HAS STRONG INTERNAL SPONSOR 15% 70 90 50 20
HAS STRONG CUSTOMER SUPPORT 15% 50 90 50 20
REALISTIC LEVEL OF TECHNOLOGY 10% 25 90 50 70
CAN BE IMPLEMENTED IN YEAR OR LESS 50% 20 20 50 90
PROVIDES POSITIVE NPV 20% 50 70 50 50
HAS LOW RISK IN MEETING SCOPE,TIME, AND COST GOALS 10% 20 50 50 90
WEIGHTED PROJECT SCORES 100% 56 78.5 50 41.5
 What is Project 1, project 2, project 3, and project 4?

Project 1 is represent the support key business objective criteria that is weighted about 56%
from the score compared to project , project 3 , and project 4. So, the scores required must be
weighted first before we choose the best criteria from the model scores. Project 1 is not the
best choice by the following criteria needed. For project 2 is represent the strong internal
sponsor and also has strong customer support in this model they scores for each criteria are
the highest but there only one criteria that had the lowest scoring which is has low scope in
meeting scope time and cost goals. Project 2 is chosen because of the weighted score is the
highest among others. Project 3 is representing the positive net profit value (NPV) the score
is moderate because they only got half percentage for each criterion which is not good
enough for project selection. Last but not least, project 4 is getting the lowest scores
compared to project 1, project 2, and project 3. Project 4 is not suit to be choosing for the
project selection.

Project Selection

Criterion Good Very Good Poor Very Poor

Raw Scores 1 2 3
4
Supports Key Project aligns Project aligns with Project aligns with Project aligns with
Business with >50% >70% supports key 50% of supports <50% of supports
Objective supports key business objective key business key business
business objective objective
objective
Has Strong No future Minor future Future benefits Future benefits are
Internal Sponsor business opportunities are are likely from assured or project is
foreseen possible from project required to remain
project viable

Has Strong Cost savings Cost savings or Cost savings or Cost savings or
Customer or profits profits from project profits from profits from project
Support from project are $100k to project are $500k are >$1M
are <$100k <$500k to $1M
Realistic Level Of Little Improvement in Some new skills Improvement in
Technology improvement existing skills gained existing skills and
in existing new skills gained
skills
Can be Project will Project will drain Project will be Project will use
implemented in drain many few resources from completed with currently
year or less resources other projects available underutilized
from other resources resources
projects
Provide positive Little Improvement in Some new skills Improvement in
NPV improvement existing skills gained existing skills and
in existing new skills gained
skills
Has low risk in Project will Project will drain Project will be Project will use
meeting scope, drain many few resources from completed with currently
time and cost resources other projects available underutilized
goal. from other resources resources
projects