A Project Manager Is Using a Simple Scoring Model to Decide

question 19

Multiple Choice

A project manager is using a simple scoring model to decide which of four projects is best,given the company's limited resources.The criteria,importance weights,and scores for each are shown in the table.Which project should be chosen? $$\begin{array} { | l | l | l | l | } \hline & & \text { Impartance } & \\ \text { Project } & \text { Criterin } &\text {Weight}& \text { Score } \\\hline & & & \\\hline & 1 & 1 & 3 \\\hline \text { Greenlight }&2 & 2 & 2 \\ \hline &3 & 3 & 1 \\\hline & & & \\\hline &1 & 1 & 2 \\\hline \text { Runway }& 2& 2 & 1 \\ \hline &3 & 3 & 3 \\\hline & & & \\\hline &1 & 1 & 1 \\\hline \mathbf{X}& 2 & 2 & 2 \\ \hline & 3 & 3 & 2 \\\hline & & & \\\hline & 1 & 1 & 2 \\\hline\text { Ilevomit } & 2 & 2 & 2 \\ \hline & 3 & 3 & 2 \\\hline\end{array}$$

• A)Project Greenlight
• B)Project Runway
• C)Project X
• D)Project Ilevomit

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Definitions:

Finished Goods

Items that have been completed by the manufacturing process, and are ready for sale to customers.

Ending Balance

The final amount in an account at the end of an accounting period, reflecting all transactions that occurred during that period.

Variable Manufacturing Overhead

The portion of manufacturing overhead costs that vary directly with production volume, such as utilities and raw materials.

Work in Process Inventories

Current assets that represent partially completed goods which are still in the production process.