• Table of Contents

    Financial Plan

    Impact Measurement

    Risk Factor

     

     

  • Financial Plan

    Potential Users: Student Health and Wellness center, Student Life, and various other colleges that can benefit from our proposed project. 

    Revenue Projections: We are using a donation based system. Our revenues should be based on the amount of money we have left over from our first Mental Health day, and donations received to help with the next one. 

    Cost/Expenses Projections: To rent out the Fritz Knoebel School we will need $2400. This price also captures the food pricing with in it. Snarf's sandwiches would provide us with 17 platters of food and cost $1,411. Anthony's pizza would cost us $655 at 30 pizza pies. To rent the therapy dogs, we are working with the Denver Pet Partners. They do not charge us for renting the animals from them for the day. As we plan on using school facilities to hold our project in, we will be reserving the spaces through the school. Thus, for us to rent out the large viewing room in the Anderson Academic Commons and Sturm auditorium. 

    Timeline of Cash Flows: Our current timeline is projected to have the final solution implemented at the first weekend of Winter quarter 2020 during week 1. This gives us a little over 2 months to have the initial rate of cash flows to begin to manifest. We are hoping to have each objective completed every two weeks. We have already gotten all the information we needed and are working diligently to have all information provided to us and scheduled times set every two weeks. 

    Competitive Edge: Not many other colleges have implemented a program like this one. This proposed project is designed to help all students with their anxiety and depression levels. Through a single day with the use of multiple informative panels and tests designed to assess the accurate way a student can receive help from their school, families, and doctors. 

    Source and Amount of capital needed for Startup: We shall be seeking donations from partners with the school, and the surrounding community. As well, we are receiving money from multiple sources that have connections with the HCC. We are working hand in hand with the Health and Counseling Center at DU to aid students. 

     

  • Impact Measurement

    Measure: We shall measure the overall effectiveness our proposed Mental Health awareness day will have on the students in attendance. If we have about 1,000 to 1,500 students turn out for the event than we can call it a success. We have 6 on campus departments involved with this project. The HCC, AAC, Hospitality School, Chancellors office, Sturm College of Law, and Lamont School of Music.

    How we will Measure: The HCC will provide testing facilities at the designated points during the Mental Health Awareness Day so we can gather the current mental state that students are in. This will provide us with a numerical value in percentages as to what the current anxiety and depression level each student is at. 

    Indicating changes: After the Mental Health day has concluded, we will then have to gather more information once some time has passed (winter break or summer break) and compare those results against the results gathered from the actual Mental Health awareness day. We can then see if the anxiety depression levels will have either decreased or increased and then implement further initiatives to help out the students. 

    Determine Success: We will first determine success based on the student turnout. Afterwards we shall be determining our success rate on the overall rate at which the students anxiety and depression levels have reduced. 

    Base line we will be using: Male and female students have reported in at 15.1% and 25.4% of the overall student population who are studying at the music and business schools. These scores will be our baseline scores to see how our project can lower these rates of depression and anxiety students have. 

    Data available to determine our current success:

    These two PDF Documents will cover the baseline scores we shall be using as well as how we can adjust our project in the future. These scores are the key indicators for our projects impact. Our social rate of investment can be determined through these scores. By using the scores given to us from the initial testing, we can compare them to our results from the mental health day. 

  • Risk Factor

    Potential Risks associated with the project: 

    • low student turnout
    • losing a deposit on the reserved spaces
    • an increased student wide anxiety and depression level across the campus

    Steps to avoid/mitigate/compensate for potential risks:

    At the current moment we are working with the HCC to generate a successful plan for our final project. With their help we can increase advertisement and awareness of our Mental Health awareness day to help mitigate a low student turn out. As well, we are working with various student groups across campus to help increase student turnout. In order to not lose a deposit on the various locations we shall be holding screenings at, we are using materials and devices that will not damage the property. These devices will allow us to gage the students and build base line scores in order to assess their needs and how best we can then aid them through the school year and years to come. Lastly, our project will be designed to aid students, but with the information given, an inverse reaction could occur where the students will actually feel more anxious and have a higher rate of depression. We shall be providing products and services to help the students to not feel this increase. Products such as therapy dogs and playing relaxing music provided by the music school and the HCC. 

This portfolio last updated: 19-Nov-2019 11:44 AM