CCBA · Question #268
Bonny is the business analyst for her organization and she's making a determination from which vendor the solution should be purchased. She has identified several categories to measure each vendor's…
The correct answer is C. Weighted scoring model. A weighted scoring model is a technique that assigns weights to different criteria and rates each vendor's performance against them. The total score for each vendor is calculated by multiplying the weight and the rating for each criterion and summing them up. The vendor with…
Question
Bonny is the business analyst for her organization and she's making a determination from which vendor the solution should be purchased. She has identified several categories to measure each vendor's overall performance and solution. cost, schedule, experience, certification, references, and years in business. For each category, she has identified scores the vendor may earn; for example, cost is worth 25 points, schedule is worth up to 20 points, and years in business is worth up to ten points. The vendor who gets the most points in the assessment will win the contract. What is Bonny using in this scenario?
Options
- AScoring model
- BVendor profile assessment scale
- CWeighted scoring model
- DScreening system
How the community answered
(19 responses)- B5% (1)
- C89% (17)
- D5% (1)
Explanation
A weighted scoring model is a technique that assigns weights to different criteria and rates each vendor's performance against them. The total score for each vendor is calculated by multiplying the weight and the rating for each criterion and summing them up. The vendor with the highest score is selected as the best option. A weighted scoring model is one of the tools and techniques of the Evaluate Potential Value and Recommend Solution task, which is part of the Strategy Analysis knowledge area. A weighted scoring model is different from a scoring model, which does not assign weights to the criteria and uses a simple sum of the ratings. A vendor profile assessment scale is a tool that defines the characteristics and requirements of a vendor and assigns a score based on how well they match them. A screening system is a process that filters out vendors that do not meet the minimum requirements or standards.
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