Bpm Software Comparison Matrix Template
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Further to my posts on Alternatives Evaluation Matrix, I wanted to supply you with a series of Excel-based templates on evaluation criteria. Templates containing base evaluation categories and criteria have been developed to provide a starting point to project teams who are evaluating and selecting package based application software. Each project customizes the templates to add unique and detailed requirements.
The following explains the format and contents of the templates and provides a brief description for each of the available templates.
Explanation of Columns
Each template contains a consistent set of columns which can be refined to suit specific project requirements. The following describes each column in the template:
Do dil ek jaan tv serial ringtone free download. � Reference - Use this column to assign a unique reference ID to each evaluation category and criteria; e.g., 1.0, 1.1, 1.2.
� Category/Criteria - Use this column to specify the categories to be evaluated and the criteria for each category. Each template contains a set of predefined categories and criteria that can be modified to suit specific project needs.
� Rank - Use this column to specify the importance or ranking of each criterion. For example, each criterion may be assigned a rank of (M)andatory, (D)esirable, or (O)ptional.
� Weighting Factor - Use this column to define the level of importance of each criterion. For example, weighting factors could be assigned as 5 for mandatory, 3 for desirable, and 1 for optional.
� Vendor Columns - Replicate the set of vendor columns to provide a set for each vendor to be evaluated. Change the column headings from Vendor A or Vendor B to the Vendor name.
Bpm Software Comparison Matrix Template Pdf
� Score - Use this column to record the score assigned to each criterion for a specific vendor. The score is determined by evaluating how well each alternative has satisfied the criterion. For example, the score may be assigned as 1.0 for fully satisfies, 0.5 for substantially satisfies, or 0.1 for partially satisfies.
� Weighted Score - This column contains a predefined formula to determine the weighted score for each vendor (i.e., vendor score * weighting factor).
Constructing a Simple Evaluation Matrix
The evaluation templates can be used to construct a simple evaluation matrix where a yes or no is used to indicate whether a specific criterion is met. To construct a simple matrix, remove the Weighting Factor column and the Weighted Score column from each set of Vendor columns. Use the Score column for each vendor to record the Yes/No value.
Assigning Weighting Factors
Some of the predefined criteria contain sample breakdowns to assist in evaluating the criteria. Change these samples to suit your specific requirements and assign an appropriate weighting factor to each. Make sure you understand the intent of each criterion before assigning a scoring factor to it.
For example, the Vendor Qualifications category includes a Years in Business criterion. The intent of this criterion is to provide an indication of the risk associated with choosing a newly formed company over a more established company. A sample breakdown of 0 to 2, 3 to 5, and 5+ is provided. Weighting factors could be assigned to the breakdown as follows:
� 0 to 2 (high risk) = 0,
� 3 to 5 (medium risk) = .5,
� 5+ (limited risk) = 1.
Bpm Software Comparison Matrix Templates
Available Templates
General Package Evaluation Criteria Template
This template contains criteria of a general nature that can be used to evaluate any packaged software. Some of the evaluation criteria such as Vendor Qualifications and Vendor Financial Position, are also suitable for product evaluations.
General Ledger Package Evaluation Criteria Template
Accounts Receivable Package Evaluation Criteria Template
Accounts Payable Package Evaluation Criteria Template