weighting by percentage - help!

[bluepenink]

Hello

I have the following rank formula in place for KPI Revenue for my sales team.

RANK(E12,$E$12:$E$75,0)

I have 15 other metrics that I track (KPI Revenue, calls,deals sold etc).

I would like to rank it based on percentage i.e.
KPI Revenue to be 30%
# of deals 20%
all others to be 50%

how would i do that, is there an excel formula? or is it just
RANK(E12,$E$12:$E$75,0)*30%

when i try that, my rank goes 0-10 with alot of multiple rankings i.e. 0, 1, 1, 1, 2, 2, 3, 3, 3, etc

can someone pls help!

 

[Gerald Higgins]

Hi. I think the most important thing here is for you yourself to be really really clear in your own mind about how you want this ranking to work.

For example, if you want to work out a ranking for each of the individual metrics, and then calculate a weighted score based on those rankings, then this is fairly straightforward.

It would be something like this

=([Rank of Metric A]*[Weighting for Metric A])
+([Rank of Metric B]*[Weighting for Metric B])
+...........

This won't generate a ranking in itself, but it will generate a score, which you can then rank.

It sounds like MAYBE you have already done this - do your values 0,1,1,1,2,2,3,3,3 actually have hidden decimals, so that they are really 0.05, 1.1, 1.35, 1.45, 1.9 and so on (I'm making up the numbers obviously) ?

But there are likely to be other ways of working out something like this, which may give different results.

 

[bluepenink]

thxs alot for the help and feedback, def helped with my solution...much appreciated.

i did do the score thing so did an overall score based on the % weighted, and did the rank based on the overall score....works out great, thxs!