Lim Sei cK.  You have just gotten a valuable business experience for yourself and your team.  Now that you have done with your business project,

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Presentation transcript:

Lim Sei cK

 You have just gotten a valuable business experience for yourself and your team.  Now that you have done with your business project, it is time for the last part –  business project evaluation!

 Project 100% - Assignment 1 (Business Plan Presentation) 30% - Practical 40% Business Launching Business Main Operation (including Social Responsibility task) - Last Assignment 30% (Final Report and Presentation)

 Project 100% - Assignment 1 (Business Plan Presentation) 30% √ - Practical 40% Business Launching √ Business Main Operation (including Social Responsibility task) - Last Assignment 30% (Final Report and Presentation)

Evaluation is part of a larger program planning process. First, you plan the project. Then you implement it. Finally, you evaluate it. You will have to use what you learn from the evaluation to improve your future project.

Review the project and its related objective or deliverable. For each one ask the following: 1. What did we set out to do? 2. What did we achieve? 3. What went really well? 4. What could have gone better? 5. What prevented us from doing more? 6. What can we learn from this?

 1. Prepare and present - Business project evaluation - Individual learning experience - 2. Prepare and submit - Detailed Final Report - 3. Create a video for your business project - DUE: 30 th MAY 2014 (FRIDAY)

 2 nd MAY 2014 : Last official lecture for Business Entrepreneurship  9 th MAY 2014 : Post-project Mind map  16 th MAY / 23 rd MAY 2014 : Final Presentation  30 th MAY 2014 : Report in for last attendance taking upon submission of all tasks.

 Allow plenty of time for preparation.  Structure your presentation into introduction, body, conclusion and questions.  Make use of clear, powerful visual aids that do not overload your audience.

Data collection + Observation + Feedback = Final report

 Introduction ◦ Introduction to your project – what was it, what type of project, purpose of the project  The Evaluation Process ◦ Overall evaluation of your project – what was good/bad, what would you do differently ◦ What were the aims and objectives of your event and were they met?  Human Resources ◦ Evaluate HRM of your group

 Control and Budgeting ◦ Evaluation of the full accounts ◦ (were your predictions accurate, did you stick to your budget, cash flow, etc)  Marketing and Sponsorship ◦ Overview of the marketing and sponsorship activities carried out ◦ Evaluation of marketing and sponsorship ◦ (think about market research, 4 P’s, etc)

 Stakeholders (Customers) ◦ Evaluation – did you deliver what you promised, were stakeholders happy, stakeholder feedback  Operations and Logistics (on the day) ◦ What were the main logistical and operational issues for your event ◦ How were these dealt with before, during and after the event  Conclusion ◦ Summary of report ◦ What were the main lessons learnt from organising your event, what would you do differently in the future