A good answer to an important criterion must be weighted more highly than a good answer to a trivial criterion in order to achieve procurement objectives
360 uses comparison-of-importance (this criterion is relatively more important than that criterion) in its underlying algorithms to determine the best value for money.
In short, the important criterion must have a higher relative weight then the trivial criterion.
Step-by-step guide
To assign a weight to a section
- Sign-in to https://360users.apetsoftware.com.au/ as the Request Manager
- From the main menu, click Requests
- If using the new look:
- Click Drafts
- Click Configure against the desired request
- If using the old look:
- Select the request from the list
- Click on the icon
- Click on either:
- icon of the section that will be weighted (made more or less important) or
- One of the Section which you want to add weight / importance.
- If clicked on one of the Section
- Click Edit
- Enter the desired Relative Weight of this section compared to other sections
- Click Update
At this point, You have successfully updated the weight of a section.
Relative weighting is applied to both questions and sections.
- The executive team should identify importance at a macro level (section weightings)
For example: "Environmental Management" may be equally important as "Community Consultation" and only half as important as "Structural Integrity" so the sections' relative weights would be 5, 5, 10 (or a similar ratio) - The subject matter experts should identify importance at a micro level (question weightings)
For example: "Spill Containment Measures" may be not quite twice as important as "Dust Containment Measures" so the questions' relative weights would be 18, 10 (or a similar ratio)
Don't be tempted to use percentages. Relative weights are far easier to work with than percentages and 360 will calculate percentages for you.
Related articles
- What are the key terms in 360? (definitions/lexicon)
- How to add a section (group of questions) to a request in the 360 buyers' portal
- How to weight criteria (questions) in the 360 buyers' portal to make some more important than others
- How to review and adjust the weights of all criteria (sections and questions) simultaneously in the 360 buyers' portal
- How does the VFM (value for money) algorithm work in 360?