Reflection paper assignment 500 – 900 words
Review the “Designing a scoring tool” attached and link.
Please explain how you would design a project scoring tool for Colgate Palmolive.
1. Please describe what area, domain, function, or department of Colgate Palmolive would benefit from the implementation of a project scoring tool.
2. What factors would you choose to include in the scoring tool, and why?
3. How many items on the scale and the range do you suggest, and why?
4. How would the tool be used by Colgate Palmolive, who would be involved in gathering and maintaining the data, how frequently would the tool be used, and who would see the results?
If Colgate Palmolive already has a portfolio management scoring tool in place, please explain the strengths and weaknesses of the approach you are currently using (without revealing proprietary information of Colgate Palmolive) and how improvements might be made to it. Share any best practices or lessons learned from the administration of the scoring tool in Colgate Palmolive.
Requirement:
Ensure that you have provided a summary of the context, answer the questions, and are using appropriate grammar, mechanics, and citations/references.
