Weighted Evaluation Matrix (WEM) Template
The Weighted Evaluation Matrix (often called the WEM) is a procurement tool used in the selection of suppliers.
The WEM template is easy to use:
- Start by defining the criteria you will be using to differentiate between suppliers
- Add a weighting to the relative importance of each criterion to the project (as per the legend)
- Insert your suppliers
- Evaluate the performance of each supplier against the respective criteria
- The supplier with the highest score represents the greatest alignment with the project’s objective.
The WEM can also be used in the requirement of project staff and contractors.
Download a free WEM Template in Excel Format
Please follow the guidelines on the project management templates page for the use or distribution of this template.
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