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An Enterprising Idea - Level 6 Sample Unit

Activity 2: Developing a business idea and project planning

Activity Supporting the activity Assessment

Ask each team to brainstorm suggestions for their enterprising idea and develop a list of at least four possibilities to consider.

Suggestions for activities could include:

  • selling food or craft items at a local market or school
  • washing cars or other service deliver
  • providing school lunchtime entertainment.
 

Discuss as a class the way in which the market economy operates and the ways in which it may affect the operation of their enterprising idea.

For information on the operation of a market economy refer to teacher resource.

A discussion on the market economy could also include:

  • the way the consumers' decisions impact on producers
  • the issues that need to be considered if students are to be ethical producers and consumers
 

Ask each team to undertake a SWOT (Strengths, weaknesses, opportunities, threats) analysis for each possibility they have listed. They need to determine the best enterprising idea and prepare a brief report containing their recommendation and reasons for their choice.

Provide each team a SWOT analysis.

 

Ask each team to complete the Developing an enterprising idea worksheet with the relevant details of their business activity. Provide prompts to teams to ensure that they have considered all aspects of setting up their chosen business.

Provide each team with the worksheet Developing an enterprising idea (Doc - 58KB).

Collect Developing an enterprising idea worksheets to assess The Humanities - Economics - Economic reasoning and interpretation. See Assessment rubric.

Introduce students to the importance of a project plan. Discuss as a class its important features including:

  • identifying the project outcomes, products or goals
  • identifying what individual tasks are required to ensure the project is successfully completed
  • organising individual tasks in a logical and sequential order
  • estimating time required to complete each individual task
  • allocating individual tasks taking into account level of skills and/or knowledge required and available time
  • monitoring of the project timelines as the project progresses and modifying timelines as required to ensure project is completed on time.

Ask each team to develop a timeline for their project that takes into account:

  • the end product of a brochure or webpage explaining how to set up their chosen business
  • research, organisation, drafting and editing of required information
  • available timelines and resources
  • skills and knowledge of team members.

A Project Plan is an essential planning process in a business enterprise. It also ensures everyone in the team

  • understands their role,
  • divides the work equally
  • completes the tasks on time.

For information on effective planning including a work breakdown structure chart and a gantt chart, refer to the teacher resources:

To assist students with their planning of their brochure or website, the following student worksheets can be used:

 

Explain how Gantt charts can be used as a planning tool to:

  • graphically display timelines
  • see important dates such as start dates and deadlines for each individual task in the context of the whole project
  • identify tasks which require the completion of other tasks before work can commence
  • incorporate colour to distinguish who will complete which tasks and when
  • modify timelines as part of project monitoring and evaluation.

Ask each team to develop a gantt chart for their project. Each team should ensure that it includes:

  • all steps required to complete the project
  • estimates of the time taken to complete each task
  • allocation of tasks that considers each members skills and knowledge and available timelines
  • time to monitor the progress of their project and to re-evaluate timelines.

Information about Gantt charts.

 

Remind teams to complete their Teamwork log at the end of each session.

Teamwork log (Doc - 61KB).

Collect the Teamwork log to assess Interpersonal Development - Working in teams. See Assessment rubric.

 


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