Project Proposal

Project Selection

• Should involve a process about which you know something.
• Allows for data collection
• Should provide an opportunity for improvement

• Business relevant
• Personal career benefits
• Examples
• Inventory management
• Customer satisfaction
• Cycle time improvement for service processes

• Make the connection to business activity or consumer
• Personal achievement
• Examples
• Golf, bowling, or other sports scores
• Perfecting recipes
• Improving health
• Commuting time to school
• Improving abilities in tasks of interests

• Relationship between costs and preferences of different peanut butter brands.
• Difference between taste of Coke and Pepsi.
• Price of a diamond based on cut, clarity, carats, and color.
• Service times at a drive-up window.
• Number of credit cards based on demographics (e.g., age).
• Relationship between television watched and GPA.
• Fitness center usage.
• Factors in winning a contest.
• Factors for increasing a waitress's or waiter's tips.
• Asset allocation and portfolio returns.

• Topic of interest to all team members
• Situation can actually be affected by the team
• Scope can be completed in allotted time
• Data available in the allotted time
• Issue is important --people who are not on the team care about it

• Due Nov. 2 (Friday recitations) or Nov. 5 (Friday recitations)
• Part A involves team evaluation of potential projects
• Part B involves putting together the proposal (details to follow)
• Individual and group activities

• Each team member individually generates a project idea that meets the objectives.
• Each team member brings the idea to the team meeting.
• The entire team goes completes an input/output matrix evaluation to decide on the best project.