matter Description of What is the approach to solve this project How will you measure success the Project Build • Resources • Infrastructure • Marketing •… Budget (Cost) Run • Xxx • yyy Total Cost • aaa Benefit Q u a nti tati ve – $$$ – R ate o f Ret u r n ( 5 ye a rs ) Q u a l i tative – Role 1 : Project Leader, Measure of success Role 2 : Team member… Role 3 : Role 4 Project Team Project Plan (Gantt Chart) Clearly Define: – Project Phases – Timeline – Dependencies Project Critical Path (network diagram) Communication and Updates Risks • Risk 1 / Mitigation • Risk 2 / Mitigation Closing Remarks Following are the details for the final project. For next class, please come prepared to talk about your project, key phases or the project, and critical path

I’m working on a management project and need an explanation to help me understand better.

 

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I need you to do a creative presentation about Financial Literacy I did the draft which is you need read it all and you do the presentation. I will attach files one is the draft and the other one is how to do the presentation. Also, i will attach a file for the presentation how many slides what info you need to put. If you have any question let me know please.

 

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Financial Literacy Description There is a tremendous need to address the financial literacy rate, or lack thereof of members in underprivileged and underserved communities. The lack of financial literacy in underprivileged communities began at home. In these communities it’s normal for there to be an imbalance in the family setting. Even when there are two parents in the home, the need to make ends meet most times outweigh the responsibility to show the youth the way. In addition to that, most young adults in these communities suffer from programs that are underdeveloped/deprived of proper resources and this problem follows them into adulthood A. B. C. So we will begin by first proposing to the Board of education of BPT our organized program We will need 1 & 1/2 hours from each public high school everyday (4.5 hours): 1-2:30, 3-4:30, 5-6:30. We will need a maximum of 40 teenagers each day as participants we will create a simple application that the students can complete to sign up for the program from each school By the end of this program we hope to have the Board of Education of Bridgeport consider adding financial literacy classes as part of the curriculum and eventually inspire the surrounding counties to do the same. Budget (Cost) Build A. B. C. A ratio of 6 teens to 1 adult when completing group activities – to match the 40 participants we will need 2 more financially educated adults to participate. We will also need laptops/tablets -$50/ea (40), paper, writing utensils, and monopoly board games – $20/ea (7). We will need to utilize an auditorium, broad classroom space or gymnasium with seats and tables to successfully complete this project We will make posters advertising our program that will be displayed downtown bus terminal, trumbull mall, participating fast food restaurants and sneaker stores! Run • Cost to run project Tablets – $2, 000 every 3 years (shelf life of tablets) Paper – $24/annually (.98 per 150 sheets) need 2 packs/mth Writing utensils – $48/annually (7.97 per 72 pencils) 1 pack every 2 mths Monopoly board games – $140 for 7 board games Advertisement – $100/ year to print and distribute Instructors pay $20/hr – $54,600/ annually 7 instructors $35/day for 5 days/wk @ 52 weeks Total Cost Total cost = $56, 912 to start project Benefit Quantitative – $60 / per student every week * 40 Students – $124,800 / revenue annually $56,912 / total cost for project to start and every 3 years – – – $54,912 / total cost other years Rate of Return (5 years) = $400,352 Qualitative – Ultimately we want to change the narrative that young black adults must go through a period of financial hardships and struggling before they are able to become successful. This project has the potential to positively impact the community for years to Team #3 Project Creative Director/Financial Instructor Monika K. Project Leader/Financial Instructor Laquashia D. : Measure of success/ Financial Instructor Tyler M. Team Organizer/ Financial Instructor Larry B. : Benefits Analyst/Financial Instructor Ryan Project Plan (Gantt Chart) -Project Phases: Initiation – ● ● ● ● Identified the problem: Lack Of Financial Literacy Brainstormed ways to solve the problem developed an organized program Kick-off project Planning ● ● ● ● Developed real life curriculums to help get the message across Projected the cost to start the project Projected a baseline revenue stream from project Assign team member responsibilities Execution ● ● ● ● ● Present plan to the Board of Education Gather supplies/materials needed Advertised program Hand out/ review applications Lead Project – Timeline : 6 months will give this program a sufficient amount of turn around time to justify if it is worthwhile or not. The goal is that the results will make this program something that is implemented long term in the school systems or after school programs. -Dependencies: Some problems/pitfalls that can reasonably make this program fall short could include and not be limited to teenagers not being intrigued, distracted, and/or adult instructors not being engaging or willing enough. Communication and Updates Risks Risk 1 / Mitigation Risk 2 / Mitigation Closing Remarks Final Project Template Team Name Date Why did the team choose this project Why does this project matter Description of What is the approach to solve this project How will you measure success the Project Build • Resources • Infrastructure • Marketing •… Budget (Cost) Run • Xxx • yyy Total Cost • aaa Benefit Q u a nti tati ve – $$$ – R ate o f Ret u r n ( 5 ye a rs ) Q u a l i tative – Role 1 : Project Leader, Measure of success Role 2 : Team member… Role 3 : Role 4 Project Team Project Plan (Gantt Chart) Clearly Define: – Project Phases – Timeline – Dependencies Project Critical Path (network diagram) Communication and Updates Risks • Risk 1 / Mitigation • Risk 2 / Mitigation Closing Remarks Following are the details for the final project. For next class, please come prepared to talk about your project, key phases or the project, and critical path. *********** Pick a project • • • Set budget Set time Set people Gantt Chart • Clearly define phases of the project Risks Critical Path – project network visual Resource Tasks: • • • Team member #1 Team member #2… … Grading • • • Creativity Presentation Completeness …
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