Prerequisites — Classes or Knowledge Required for this Course Successful complet
ID: 408523 • Letter: P
Question
Prerequisites — Classes or Knowledge Required for this CourseSuccessful completion of Introduction to Project Management Principles and Practices Coursera Specialization courses: Initiating and Planning Projects, Budgeting and Scheduling Projects, and Managing Project Risks and Changes.
Course Objectives
Upon completing this series, you should be able to:
• Write a narrative charter statement
• Create a work breakdown structure
• Sequence project activities
• Build a project schedule
• Create a project budget
• Create a responsibility assignment matrix
• Identify project risks and define responses for those risks
*>Sample Projects for Use
If a student does not have access to a viable project to use for this capstone, then any one of the ideas below may be used. Please note that students are meant to take these ideas and build upon them. Each student is to take the idea and come up with his or her own full project scope and boundaries.
1) A new CEO has arrived. She believes that the current company structure is ineffective. You are to be the project manager who leads her executive team in a company-wide reorganization. This reorganization includes some work to determine how the new structure will be identified, the work to gain support for this new structure at the executive level, the communications about the new structure to the entire company and a transition plan to take the company from the current structure to the new one.
2) Your company is celebrating 50 years in business. The executive team would like to take an opportunity to recognize this milestone. Their purpose is to reward employees, build morale and also let customers; future customers and competitors know about the longevity of the company and adopt a ‘we are here to stay’ type of campaign. This milestone is definitely a marketing event. The celebration should include customers and employees. Definitely there should be a big celebration, but the executive team wants more than that. They want events and announcements and campaigns going throughout the entire year. You will project manage this effort.
3) You have joined a start up company whose goal is to create an iPhone knockoff or copy. The idea is to out ‘iPhone’ the iPhone, but at 50% of the cost to the customer. You are the project manager of the team who will identify what features will go into this iPhone copy, determine how to manufacture the phones for less than the real iPhone and determine how to market this new copy. The project ends once the idea has either been abandoned or the new copy phone has been available for sale for 45 days.............. #1 Narrative Charter Statement (13 Points)
Description and Directions
Develop a narrative charter that includes the following sections:
a. Project purpose or justification – A good project purpose or justification statement explains why this project is important and why resources should be spent on this project. What critical problem will this project solve or what will be different when this project is completed and why is that important?
b. Measurable project objectives and related success criteria – What will the project accomplish. Be as clear as possible and include qualitative and quantitative information. List the objectives (have a minimum of three) and how that objective will be measured................................................................ #2 Work Breakdown Structure (10 Points)
Description and Directions
Create a work breakdown structure that includes all of your project scope. You may use either the graphical depiction or the indented list approach.
The top level or level one is your completed project, the second level is your deliverable, and after that you will break down the work to the appropriate level. If you prefer to create a phase based work breakdown structure that is acceptable. You will want to ensure that each phase depicts the work that must be completed in order for that phase to be declared finished. It would be unusual for your work breakdown structure to have sufficient detail if it has less than 3 deliverables or phases.
Your work breakdown structure does not need to be symmetrical. What does that mean? It means that each deliverable might be broken down into different numbers of levels. Perhaps a deliverable that is fairly straightforward can be handled in three or four levels. A deliverable that is more complex may take ten levels. Remember you are seeking to break the work down into manageable pieces or work packages. You want each work package to represent work that can be clearly assigned and estimated.
If you are uncertain as to how to complete the Work Breakdown Structure, either review your optional textbooks, Guide to the Project Management Body of Knowledge, The Fast Forward MBA in Project Management, your previous course materials and feel free to reach out to your classmates using one of the discussion forums created just for this purpose ................................................................... #3 Sequence Project Activities ( 5 Points)
Description and Directions
Take at least 10 activities from your work breakdown structure and determine their sequence. What happens first, what happens next? You can accomplish this by creating a network diagram if you like. That diagram does not have to show any time estimates YET; you will do that when you create your schedule. If you are ready to included estimates that is absolutely acceptable. If you opt to create a diagram, your diagram will show the WBS ID, The name of the activity and will be a flowchart of the work.
You may opt to create a list to reflect the sequence of your activities. If you create a list, your list must contain at least this information:
Again, estimates are not required at this point, but you may certain add them if you are ready to do so.
................................. #4 Build a Project Schedule (5 Points)
Description and Directions
If you have access to scheduling software, then of course use scheduling software. If you do not, it is OK. This is not a class on scheduling software. You can use excel or some other means to depict your project schedule. Here is what you must include:
Your schedule must show the project start and end dates. Your schedule must show all of the high level deliverables from your WBS. For the work packages that you included in your WBS you must show:
Task Name Predecessor (when applicable) Duration Start Finish Resources
........................................................... #5 Create a Project Budget ( 5 Points)
Description and Directions
Create a project budget which shows how much will be spent by time period and by category. Examples of categories include: labor, materials, travel, training, overhead. Use the categories that make sense for your specific project. If you are using a project from your work and certain categories are typically used within your organization or your industry, use those categories. Be sure to include totals by time period and for the entire project. This may best be displayed in a table of spreadsheet. Also include some brief discussion about your budget. How did you arrive at your numbers, what type of estimating did you use, if you were presenting this budget to your executive management, what would you want to tell them about your budget?
................... #5 Create a Responsibility Assignment Matrix (3 Points)
Description and Directions
Identify the responsible person and organization for at least six work packages or activities from your project and create a responsibility assignment matrix (RAM). You do not have to provide the actual names of some of your coworkers if this is a work related project. Nor do you have to provide the actual names of family or friends if this is a personal project. You may use the RACI format per the Guide to the Project Management Body of Knowledge (PMBOK® Guide) and discussed throughout the specialization or design your own designations. If you come up with your own designation then include a legend that describes what each letter used represents. ................................ #7 Identify Project Risks with Responses to those Risks ( 7 Points)
Descriptions and Directions
For a minimum of 7 project risks:
Describe the risk using if this, then that language. For example: If it rains for more than 5% of the days designated as days when the construction crew will work outdoors, then construction activities will fall behind schedule at a rate of one day for every day of rain. Describe the mitigation, what will you do to make the risk less likely and less impactful. Describe the contingency, what will you do if the risk occurs? Select and use a method to rate whether or not a risk has a low, medium or high impact. Select and use a method to rate whether or not a risk has a low, medium or high possibility of occurring. Select and use a method to rate the overall priority of the risk. Remember that a risk can either be a threat or an opportunity.
Prerequisites — Classes or Knowledge Required for this Course
Successful completion of Introduction to Project Management Principles and Practices Coursera Specialization courses: Initiating and Planning Projects, Budgeting and Scheduling Projects, and Managing Project Risks and Changes.
Course Objectives
Upon completing this series, you should be able to:
• Write a narrative charter statement
• Create a work breakdown structure
• Sequence project activities
• Build a project schedule
• Create a project budget
• Create a responsibility assignment matrix
• Identify project risks and define responses for those risks
*>Sample Projects for Use
If a student does not have access to a viable project to use for this capstone, then any one of the ideas below may be used. Please note that students are meant to take these ideas and build upon them. Each student is to take the idea and come up with his or her own full project scope and boundaries.
1) A new CEO has arrived. She believes that the current company structure is ineffective. You are to be the project manager who leads her executive team in a company-wide reorganization. This reorganization includes some work to determine how the new structure will be identified, the work to gain support for this new structure at the executive level, the communications about the new structure to the entire company and a transition plan to take the company from the current structure to the new one.
2) Your company is celebrating 50 years in business. The executive team would like to take an opportunity to recognize this milestone. Their purpose is to reward employees, build morale and also let customers; future customers and competitors know about the longevity of the company and adopt a ‘we are here to stay’ type of campaign. This milestone is definitely a marketing event. The celebration should include customers and employees. Definitely there should be a big celebration, but the executive team wants more than that. They want events and announcements and campaigns going throughout the entire year. You will project manage this effort.
3) You have joined a start up company whose goal is to create an iPhone knockoff or copy. The idea is to out ‘iPhone’ the iPhone, but at 50% of the cost to the customer. You are the project manager of the team who will identify what features will go into this iPhone copy, determine how to manufacture the phones for less than the real iPhone and determine how to market this new copy. The project ends once the idea has either been abandoned or the new copy phone has been available for sale for 45 days.............. #1 Narrative Charter Statement (13 Points)
Description and Directions
Develop a narrative charter that includes the following sections:
a. Project purpose or justification – A good project purpose or justification statement explains why this project is important and why resources should be spent on this project. What critical problem will this project solve or what will be different when this project is completed and why is that important?
b. Measurable project objectives and related success criteria – What will the project accomplish. Be as clear as possible and include qualitative and quantitative information. List the objectives (have a minimum of three) and how that objective will be measured................................................................ #2 Work Breakdown Structure (10 Points)
Description and Directions
Create a work breakdown structure that includes all of your project scope. You may use either the graphical depiction or the indented list approach.
The top level or level one is your completed project, the second level is your deliverable, and after that you will break down the work to the appropriate level. If you prefer to create a phase based work breakdown structure that is acceptable. You will want to ensure that each phase depicts the work that must be completed in order for that phase to be declared finished. It would be unusual for your work breakdown structure to have sufficient detail if it has less than 3 deliverables or phases.
Your work breakdown structure does not need to be symmetrical. What does that mean? It means that each deliverable might be broken down into different numbers of levels. Perhaps a deliverable that is fairly straightforward can be handled in three or four levels. A deliverable that is more complex may take ten levels. Remember you are seeking to break the work down into manageable pieces or work packages. You want each work package to represent work that can be clearly assigned and estimated.
If you are uncertain as to how to complete the Work Breakdown Structure, either review your optional textbooks, Guide to the Project Management Body of Knowledge, The Fast Forward MBA in Project Management, your previous course materials and feel free to reach out to your classmates using one of the discussion forums created just for this purpose ................................................................... #3 Sequence Project Activities ( 5 Points)
Description and Directions
Take at least 10 activities from your work breakdown structure and determine their sequence. What happens first, what happens next? You can accomplish this by creating a network diagram if you like. That diagram does not have to show any time estimates YET; you will do that when you create your schedule. If you are ready to included estimates that is absolutely acceptable. If you opt to create a diagram, your diagram will show the WBS ID, The name of the activity and will be a flowchart of the work.
You may opt to create a list to reflect the sequence of your activities. If you create a list, your list must contain at least this information:
Again, estimates are not required at this point, but you may certain add them if you are ready to do so.
................................. #4 Build a Project Schedule (5 Points)
Description and Directions
If you have access to scheduling software, then of course use scheduling software. If you do not, it is OK. This is not a class on scheduling software. You can use excel or some other means to depict your project schedule. Here is what you must include:
Your schedule must show the project start and end dates. Your schedule must show all of the high level deliverables from your WBS. For the work packages that you included in your WBS you must show:
Task Name Predecessor (when applicable) Duration Start Finish Resources
........................................................... #5 Create a Project Budget ( 5 Points)
Description and Directions
Create a project budget which shows how much will be spent by time period and by category. Examples of categories include: labor, materials, travel, training, overhead. Use the categories that make sense for your specific project. If you are using a project from your work and certain categories are typically used within your organization or your industry, use those categories. Be sure to include totals by time period and for the entire project. This may best be displayed in a table of spreadsheet. Also include some brief discussion about your budget. How did you arrive at your numbers, what type of estimating did you use, if you were presenting this budget to your executive management, what would you want to tell them about your budget?
................... #5 Create a Responsibility Assignment Matrix (3 Points)
Description and Directions
Identify the responsible person and organization for at least six work packages or activities from your project and create a responsibility assignment matrix (RAM). You do not have to provide the actual names of some of your coworkers if this is a work related project. Nor do you have to provide the actual names of family or friends if this is a personal project. You may use the RACI format per the Guide to the Project Management Body of Knowledge (PMBOK® Guide) and discussed throughout the specialization or design your own designations. If you come up with your own designation then include a legend that describes what each letter used represents. ................................ #7 Identify Project Risks with Responses to those Risks ( 7 Points)
Descriptions and Directions
For a minimum of 7 project risks:
Describe the risk using if this, then that language. For example: If it rains for more than 5% of the days designated as days when the construction crew will work outdoors, then construction activities will fall behind schedule at a rate of one day for every day of rain. Describe the mitigation, what will you do to make the risk less likely and less impactful. Describe the contingency, what will you do if the risk occurs? Select and use a method to rate whether or not a risk has a low, medium or high impact. Select and use a method to rate whether or not a risk has a low, medium or high possibility of occurring. Select and use a method to rate the overall priority of the risk. Remember that a risk can either be a threat or an opportunity.
Prerequisites — Classes or Knowledge Required for this Course
Successful completion of Introduction to Project Management Principles and Practices Coursera Specialization courses: Initiating and Planning Projects, Budgeting and Scheduling Projects, and Managing Project Risks and Changes.
Course Objectives
Upon completing this series, you should be able to:
• Write a narrative charter statement
• Create a work breakdown structure
• Sequence project activities
• Build a project schedule
• Create a project budget
• Create a responsibility assignment matrix
• Identify project risks and define responses for those risks
*>Sample Projects for Use
If a student does not have access to a viable project to use for this capstone, then any one of the ideas below may be used. Please note that students are meant to take these ideas and build upon them. Each student is to take the idea and come up with his or her own full project scope and boundaries.
1) A new CEO has arrived. She believes that the current company structure is ineffective. You are to be the project manager who leads her executive team in a company-wide reorganization. This reorganization includes some work to determine how the new structure will be identified, the work to gain support for this new structure at the executive level, the communications about the new structure to the entire company and a transition plan to take the company from the current structure to the new one.
2) Your company is celebrating 50 years in business. The executive team would like to take an opportunity to recognize this milestone. Their purpose is to reward employees, build morale and also let customers; future customers and competitors know about the longevity of the company and adopt a ‘we are here to stay’ type of campaign. This milestone is definitely a marketing event. The celebration should include customers and employees. Definitely there should be a big celebration, but the executive team wants more than that. They want events and announcements and campaigns going throughout the entire year. You will project manage this effort.
3) You have joined a start up company whose goal is to create an iPhone knockoff or copy. The idea is to out ‘iPhone’ the iPhone, but at 50% of the cost to the customer. You are the project manager of the team who will identify what features will go into this iPhone copy, determine how to manufacture the phones for less than the real iPhone and determine how to market this new copy. The project ends once the idea has either been abandoned or the new copy phone has been available for sale for 45 days.............. #1 Narrative Charter Statement (13 Points)
Description and Directions
Develop a narrative charter that includes the following sections:
a. Project purpose or justification – A good project purpose or justification statement explains why this project is important and why resources should be spent on this project. What critical problem will this project solve or what will be different when this project is completed and why is that important?
b. Measurable project objectives and related success criteria – What will the project accomplish. Be as clear as possible and include qualitative and quantitative information. List the objectives (have a minimum of three) and how that objective will be measured................................................................ #2 Work Breakdown Structure (10 Points)
Description and Directions
Create a work breakdown structure that includes all of your project scope. You may use either the graphical depiction or the indented list approach.
The top level or level one is your completed project, the second level is your deliverable, and after that you will break down the work to the appropriate level. If you prefer to create a phase based work breakdown structure that is acceptable. You will want to ensure that each phase depicts the work that must be completed in order for that phase to be declared finished. It would be unusual for your work breakdown structure to have sufficient detail if it has less than 3 deliverables or phases.
Your work breakdown structure does not need to be symmetrical. What does that mean? It means that each deliverable might be broken down into different numbers of levels. Perhaps a deliverable that is fairly straightforward can be handled in three or four levels. A deliverable that is more complex may take ten levels. Remember you are seeking to break the work down into manageable pieces or work packages. You want each work package to represent work that can be clearly assigned and estimated.
If you are uncertain as to how to complete the Work Breakdown Structure, either review your optional textbooks, Guide to the Project Management Body of Knowledge, The Fast Forward MBA in Project Management, your previous course materials and feel free to reach out to your classmates using one of the discussion forums created just for this purpose ................................................................... #3 Sequence Project Activities ( 5 Points)
Description and Directions
Take at least 10 activities from your work breakdown structure and determine their sequence. What happens first, what happens next? You can accomplish this by creating a network diagram if you like. That diagram does not have to show any time estimates YET; you will do that when you create your schedule. If you are ready to included estimates that is absolutely acceptable. If you opt to create a diagram, your diagram will show the WBS ID, The name of the activity and will be a flowchart of the work.
You may opt to create a list to reflect the sequence of your activities. If you create a list, your list must contain at least this information:
Again, estimates are not required at this point, but you may certain add them if you are ready to do so.
................................. #4 Build a Project Schedule (5 Points)
Description and Directions
If you have access to scheduling software, then of course use scheduling software. If you do not, it is OK. This is not a class on scheduling software. You can use excel or some other means to depict your project schedule. Here is what you must include:
Your schedule must show the project start and end dates. Your schedule must show all of the high level deliverables from your WBS. For the work packages that you included in your WBS you must show:
Task Name Predecessor (when applicable) Duration Start Finish Resources
........................................................... #5 Create a Project Budget ( 5 Points)
Description and Directions
Create a project budget which shows how much will be spent by time period and by category. Examples of categories include: labor, materials, travel, training, overhead. Use the categories that make sense for your specific project. If you are using a project from your work and certain categories are typically used within your organization or your industry, use those categories. Be sure to include totals by time period and for the entire project. This may best be displayed in a table of spreadsheet. Also include some brief discussion about your budget. How did you arrive at your numbers, what type of estimating did you use, if you were presenting this budget to your executive management, what would you want to tell them about your budget?
................... #5 Create a Responsibility Assignment Matrix (3 Points)
Description and Directions
Identify the responsible person and organization for at least six work packages or activities from your project and create a responsibility assignment matrix (RAM). You do not have to provide the actual names of some of your coworkers if this is a work related project. Nor do you have to provide the actual names of family or friends if this is a personal project. You may use the RACI format per the Guide to the Project Management Body of Knowledge (PMBOK® Guide) and discussed throughout the specialization or design your own designations. If you come up with your own designation then include a legend that describes what each letter used represents. ................................ #7 Identify Project Risks with Responses to those Risks ( 7 Points)
Descriptions and Directions
For a minimum of 7 project risks:
Describe the risk using if this, then that language. For example: If it rains for more than 5% of the days designated as days when the construction crew will work outdoors, then construction activities will fall behind schedule at a rate of one day for every day of rain. Describe the mitigation, what will you do to make the risk less likely and less impactful. Describe the contingency, what will you do if the risk occurs? Select and use a method to rate whether or not a risk has a low, medium or high impact. Select and use a method to rate whether or not a risk has a low, medium or high possibility of occurring. Select and use a method to rate the overall priority of the risk. Remember that a risk can either be a threat or an opportunity. *>Sample Projects for Use
If a student does not have access to a viable project to use for this capstone, then any one of the ideas below may be used. Please note that students are meant to take these ideas and build upon them. Each student is to take the idea and come up with his or her own full project scope and boundaries.
1) A new CEO has arrived. She believes that the current company structure is ineffective. You are to be the project manager who leads her executive team in a company-wide reorganization. This reorganization includes some work to determine how the new structure will be identified, the work to gain support for this new structure at the executive level, the communications about the new structure to the entire company and a transition plan to take the company from the current structure to the new one.
2) Your company is celebrating 50 years in business. The executive team would like to take an opportunity to recognize this milestone. Their purpose is to reward employees, build morale and also let customers; future customers and competitors know about the longevity of the company and adopt a ‘we are here to stay’ type of campaign. This milestone is definitely a marketing event. The celebration should include customers and employees. Definitely there should be a big celebration, but the executive team wants more than that. They want events and announcements and campaigns going throughout the entire year. You will project manage this effort.
3) You have joined a start up company whose goal is to create an iPhone knockoff or copy. The idea is to out ‘iPhone’ the iPhone, but at 50% of the cost to the customer. You are the project manager of the team who will identify what features will go into this iPhone copy, determine how to manufacture the phones for less than the real iPhone and determine how to market this new copy. The project ends once the idea has either been abandoned or the new copy phone has been available for sale for 45 days.............. #1 Narrative Charter Statement (13 Points)
Description and Directions
Develop a narrative charter that includes the following sections:
a. Project purpose or justification – A good project purpose or justification statement explains why this project is important and why resources should be spent on this project. What critical problem will this project solve or what will be different when this project is completed and why is that important?
b. Measurable project objectives and related success criteria – What will the project accomplish. Be as clear as possible and include qualitative and quantitative information. List the objectives (have a minimum of three) and how that objective will be measured................................................................ #2 Work Breakdown Structure (10 Points)
Description and Directions
Create a work breakdown structure that includes all of your project scope. You may use either the graphical depiction or the indented list approach.
The top level or level one is your completed project, the second level is your deliverable, and after that you will break down the work to the appropriate level. If you prefer to create a phase based work breakdown structure that is acceptable. You will want to ensure that each phase depicts the work that must be completed in order for that phase to be declared finished. It would be unusual for your work breakdown structure to have sufficient detail if it has less than 3 deliverables or phases.
Your work breakdown structure does not need to be symmetrical. What does that mean? It means that each deliverable might be broken down into different numbers of levels. Perhaps a deliverable that is fairly straightforward can be handled in three or four levels. A deliverable that is more complex may take ten levels. Remember you are seeking to break the work down into manageable pieces or work packages. You want each work package to represent work that can be clearly assigned and estimated.
If you are uncertain as to how to complete the Work Breakdown Structure, either review your optional textbooks, Guide to the Project Management Body of Knowledge, The Fast Forward MBA in Project Management, your previous course materials and feel free to reach out to your classmates using one of the discussion forums created just for this purpose ................................................................... #3 Sequence Project Activities ( 5 Points)
Description and Directions
Take at least 10 activities from your work breakdown structure and determine their sequence. What happens first, what happens next? You can accomplish this by creating a network diagram if you like. That diagram does not have to show any time estimates YET; you will do that when you create your schedule. If you are ready to included estimates that is absolutely acceptable. If you opt to create a diagram, your diagram will show the WBS ID, The name of the activity and will be a flowchart of the work.
You may opt to create a list to reflect the sequence of your activities. If you create a list, your list must contain at least this information:
Again, estimates are not required at this point, but you may certain add them if you are ready to do so.
................................. #4 Build a Project Schedule (5 Points)
Description and Directions
If you have access to scheduling software, then of course use scheduling software. If you do not, it is OK. This is not a class on scheduling software. You can use excel or some other means to depict your project schedule. Here is what you must include:
Your schedule must show the project start and end dates. Your schedule must show all of the high level deliverables from your WBS. For the work packages that you included in your WBS you must show:
Task Name Predecessor (when applicable) Duration Start Finish Resources
........................................................... #5 Create a Project Budget ( 5 Points)
Description and Directions
Create a project budget which shows how much will be spent by time period and by category. Examples of categories include: labor, materials, travel, training, overhead. Use the categories that make sense for your specific project. If you are using a project from your work and certain categories are typically used within your organization or your industry, use those categories. Be sure to include totals by time period and for the entire project. This may best be displayed in a table of spreadsheet. Also include some brief discussion about your budget. How did you arrive at your numbers, what type of estimating did you use, if you were presenting this budget to your executive management, what would you want to tell them about your budget?
................... #5 Create a Responsibility Assignment Matrix (3 Points)
Description and Directions
Identify the responsible person and organization for at least six work packages or activities from your project and create a responsibility assignment matrix (RAM). You do not have to provide the actual names of some of your coworkers if this is a work related project. Nor do you have to provide the actual names of family or friends if this is a personal project. You may use the RACI format per the Guide to the Project Management Body of Knowledge (PMBOK® Guide) and discussed throughout the specialization or design your own designations. If you come up with your own designation then include a legend that describes what each letter used represents. ................................ #7 Identify Project Risks with Responses to those Risks ( 7 Points)
Descriptions and Directions
For a minimum of 7 project risks:
Describe the risk using if this, then that language. For example: If it rains for more than 5% of the days designated as days when the construction crew will work outdoors, then construction activities will fall behind schedule at a rate of one day for every day of rain. Describe the mitigation, what will you do to make the risk less likely and less impactful. Describe the contingency, what will you do if the risk occurs? Select and use a method to rate whether or not a risk has a low, medium or high impact. Select and use a method to rate whether or not a risk has a low, medium or high possibility of occurring. Select and use a method to rate the overall priority of the risk. Remember that a risk can either be a threat or an opportunity.
Explanation / Answer
Project Description:
Our project is to come up with sanitary napkins for women of rural areas for a cheaper affordable cost and with longer duration.
Narrative Project Statement:
About Kalap:
Product Name: Nari Swastha Napkins
Project Theme:
We aspire to establish a low cost sanitary napkin making facility in Kalap. We would make Kalap the centre for distribution to all areas as resources viability is highest here. The napkins would be transported to all areas in and around Uttarakhand. The primary reason for this business is the product is a running product with high shelf.
Differentiation:
The special feature of this napkin is its long duration usability as women are majorly employed in fields and cannot keep spares in place.
Resource Requirement:
The resources to make sanitary napkin are:
In Kalap wool and pine trees are available in plenty hence its the most feasible place for the project.
Vision: To introduce the importance of hygiene during periods to women in rural areas.
Mission: Our mission is to make low cost sanitary napkins and bring self sustainability in sanitary care available to women in rural areas.
Business Goal: We aspire to make Kalap the centre for low cost sanitary napkins for the rural areas across India.
Objectives:
Importance:
Women in rural areas do not have much education about sanitary napkins they always follow the traditional method of using old cloth during menstruation which is very unhygienic. Educated women on the other hand cannot afford the costs of sanitary napkin brands which are too much even for the middle class consumption. Kalap being the most remote village of India and lowest population, the reach to sophisticated products is very low in this area and women here cannot afford much for sanitary napkins because of their social mindset. In order to address this issue we have followed the steps of ArunanchalamMuruganantham, a social entrepreneur who is the inventor of low-cost sanitary napkins. Arunachalam has developed a low cost sanitary napkin machine using fiber from pine wood and wool as its major resources. With additional research we have found out that on a right combination the machine can be made for a lower cost and a more durable product can be produced.
Advantages:
Cost of production:
The advantage of these sanitary napkins is that the cost of production is very low and one napkin is available for a very cheap price and can be used for one whole day which will have higher absorbent and hygienic properties.
Increased durability and absorption during heavy work schedule:
Owing to the fact that agriculture in Kalpa is the main source of income and involves hard manual labor, it is difficult for women in such conditions to keep changing their napkins. Increased physical work also increases the flow of menstruation, hence for which our product serves right to adhere the needs of these women with a sanitary napkin with an increased durability and absorbent properties.
Abundant availability of pine and wool:
Abundance availability of pine and wool in Kalpa village makes it easier for the production of the sanitary napkins.
Employment to women:
Women can be employed for the manufacturing and production process of these napkins so as to increase the employment of women in that area.
Outreach to rural areas across India:
These napkins can be sold to rural areas across India to adhere to the needs of rural women all over the country.
Project Activities:
Project Schedule:
Project Budget and Operations:
FINANCIAL PROJECTIONS:
Operations:
Process:
Project Risks and Evaluation of Problems:
FINANCIAL PROJECTIONS:
Costs: Day 0 month 1 month 6 months Year 1 Year 2 Year 3 Year 4 Year 5 No. Of locations 1 1 1 1 4 10 15 30 Fixed Costs: No. of workers 5 5 10 15 800 3000 4500 9000 Direct wage per worker 2500 2500 2500 2500 3000 3000 3500 3500 Total Wages 12500 12500 150000 37500 2400000 9000000 15750000 31500000 Administrative Expenses 6000000 7800000 9300000 13800000 Machine Number 2 - 1 4 400 1500 2250 4500 Cost of machine 50000 50000 50000 50000 50000 50000 50000 Total Cost of Machine 100000 50000 200000 20000000 75000000 112500000 225000000 Warehouse Rent 2000 2000 12000 144000 576000 2440000 360000 720000 Electricity 1000 1000 6000 72000 288000 120000 180000 360000 Furniture & Other Equipment 5000 15000 25000 25000 75000 Total Fixed Costs 120500 15500 218000 453500 29279000 94385000 138115000 271455000 Variable Costs: Total units produced 577.5 1270.5 76230 990990 69369300 208107900 312161850 624323700 Raw materials 173.25 381.15 22869 297297 20810790 62432370 93648555 187297110 Distribution cost 577.5 1270.5 76230 990990 69369300 208107900 312161850 624323700 Selling Expense 288.75 635.25 38115 495495 34684650 104053950 156080925 312161850 Total Variable Cost 1039.5 2286.9 137214 1783782 124864740 374594220 561891330 1123782660 TOTAL COST 121539.5 17786.9 355214 2237282 154143740 468979220 700006330 1395237660 Revenue Total units sales 577.5 1270.5 76230 990990 69369300 208107900 312161850 624323700 Cost per napkin 2 2 2 2 2.5 2.5 3 3 Revenue 1155 2541 152460 1981980 173423250 520269750 936485550 1872971100 Operating Margin -120384.5 -15246 -202754 -255302 19279510 51290530 236479220 477733440 ROI -99.0496917 -85.714 -57.0794 -11.4113 12.507488 10.936632 33.7824402 34.2402914 Population ( Women) 231 254.1 304.92 396.396 554.9544 832.4316 832.4316 832.4316 Required number per women 5 5 5 5 5 5 5 5 Number of Villages 1 2 100 1000 50000 100000 150000 300000 Production per woman per day 240 Price per unit 2 2.5 2.5 3 3 Variable cost per unit 1.8 1.8 1.8 1.8 1.8 Total Fixed cost 453500 29279000 94385000 138115000 271455000 BEP Unit sales 2267500 41827143 134835714 115095833 226212500