Scoring-Models are something like a Swiss Army Knife in decision-making and you can use them on almost unlimited occasions. They are models in which various criteria are weighted and result in a score. Based on this score a conclusion or a decision can be made or an advice can be given.
They follow a very structured setup:
- Define criteria
- Weight criteria
- Assess alternatives based on the defined criteria (e. g. on a scale from 1-10)
- Calculate part-scores ( 2. x 3. )
- Calculate overall score ( ∑ 4. )