Assignment title: Management
Team Project
Quick Links: Proposal | Check Points | Poster | Presentation | Paper | Sample Projects
IMPORTANT: All written work is expected to be of high quality including the language, grammar, and logic flow. Therefore, if needed, you should seek help from the writing center or someone who is good in English writing before submitting your work.
Project Overview
In this course, you will complete a team project. This team project can be a research project, or it can be a practical project that is framed with research. The design and/or analysis of health informatics systems, programs, or applications are potential areas of work for the project. Program planning and policy development are also possible areas of focus. Community-based participatory projects are actively encouraged. To the extent possible, this team project should aim for an active contribution to the field of health informatics. You may check out this website for research ideas:http://phpartners.org/health_stats.html
This project will be completed in teams of three or four. You will form teams yourselves. When discussing a potential partnership with someone, you should discuss your background (e.g., programming proficiency, health experience, or other skills you bring), availability (e.g., do you plan to primarily work evenings or mornings? weekdays or weekends? Face-to-face or remotely?), and motivation level (getting an A? Or just passing the course? Or don't care?). It's important to be honest with your partners up front, and follow through on commitments you make.
Each team will be responsible for the following deliverables. Please read carefully!
Project Proposal
Your project proposal should
1. Identify and describe clearly a practical problem and the context
2. Present a literature review of the problem area based on at least five peer-reviewed published work
3. Propose how you are going to address the problem, e,g., you may identify an off-the-shelf commercial product or an existing tool that could be used to (partially) address the problem and describe your own solution using appropriate health informatics approaches
4. Specify system requirements for your proposed solution if appropriate
5. Discuss potential privacy and confidentiality implications.
Project Proposal Format: 5 page max, single space, 12-pt font, 1 inch all margins.
Suggested sections to include:
1.
1.
1. Specific Aims
a. Problem statement and analysis (i.e. motivation)
b. Proposed methods
c. Proposed solution
d. Intended audience & use environmentLiterature review (of at least 5 existing relevant research with citations)
2.
2. Background and Significance
e.
f. Existing vendor solutions (if applicable)
g. Distinctiveness of your solution
h. Potential impact
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Project Check Points (not to be graded but crucial for your project progress)
The professor will meet with each project team to provide feedback on your progress. Each of you should be prepared to present and discuss your project. Although this is not graded, your responses to the professor's questions can indicate your involvement and participation in the project.
Some questions to consider: What will the title of your final paper be? In other words, how will you summarize your research contribution in just a few words? This exercise will help you focus and sharpen your efforts on what will best address your research question. This focus will be especially important, as time gets tight: some things will matter more than others.
Project Poster
You are required to design and create a poster using PowerPoint to describe your research.
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Project Presentation
At the end of the semester, you will present your project in class. Fine details below may be changed.
• Each team will have 20 minutes to present and 10 minutes for questions and discussion. This time limit will be strictly enforced – teams should set up during the question session of the team before them.
• Structure your presentation like a pyramid — begin with a one-sentence statement of your research result. This will get everyone on the same page. Then, offer a short (e.g., 1 slide, 4 sentences) description of what you did and why you did it. Then, explain things in detail.
• This presentation is short enough that you can write out everything you want to say long-handed. Do this! This will allow you to convey information efficiently and effectively. Read through it enough times so that you have it basically memorized, but not so memorized that you get flustered if you skip a word or someone asks a question.
• Know your audience! You can expect that everyone in the class knows everything you learned in class. So, you don't need to re-introduce the whole field of HCI. A sentence or two to situate your work in the field is good, but spend the rest of the time telling us what you did.
• When presenting, stand near your slides. And look at the audience.
Project Paper
The project paper should make a comprehensive report that includes the problem statement and analysis, design requirements and solutions, a mock-up prototype, and discuss how you plan to:
a. Evaluate and improve your proposed solution such as its usability
b. Encourage end-user adoption and acceptance
c. Assess system effectiveness.
Overall, the project paper will be evaluated based on the following criteria: innovativeness, practical value, potential impact, prototype demonstrability, structure and clarity of presentation, and quality of reports.
Final Project Report Format: 10 page max, single space, 12-pt Times Roman font, 1 inch all margins
Suggested sections additional to those already in the project proposal include:
3. Methods, Findings/Results, & Design
a. Data models (if applicable, use of existing standards)
b. Use cases and user scenarios
c. User interface design (screen mock-ups)
d. Measures for protecting user privacy (if available)Evaluating and improving the usability of your solution
4. Plan for Evaluation
a. Assessing and encouraging user adoption and acceptance
b. Evaluating effectiveness / success
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Sample Projects
Diabetes Management:
Proposal
Paper
Teen Mom Mobile App:
Proposal
Paper
ED Kiosk:
Proposal
Paper
Poster Samples (but unrelated to the above projects)
Nurses Information Flow
MoodWorx
Dialog Boxes for Children
Social Media Use in FIA
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Bagus PE is preparing to Buy-out Target Enterprise valued at 7x EBITDA at end 2016. Banks have committed to the financing:
a. Senior Debt at spread of 2%
b. Junior Debt at spread of 4% cash and total PIK of 8%
c. Assume base rate of 4%
d. At least 50% of Senior Debt has to be repaid within 5 years
e. Net Debt/EBITDA cannot exceed 5x at any time
A very experienced senior management team has been recruited. Management is agreeable to co-invest $2.5m for 8% equity stake. Assume transaction fees of 5%
Previous management had been focused on cost cutting and neglected capex. Post acquisition, it is estimated that $8m capex will have to be spent each year over the next 3 years from end 2017 and $5m for another 2 years. Depreciation of new equipment will take place equally over 5 years. The existing Fixed Assets will be depreciated over the next 2 years.
Revenue suffered a dip in 2016. The new management is confident of turning the business around and project 8 % growth for 1 year post acquisition and 10% thereafter. They also plan to renegotiate supplier and customer contracts and reduce Net Working Capital to 10% of revenue. Gross Margin and EBITDA Margin are expected to hold steady.
Work out a Financing Model for Bagus PE utilising Senior and Junior Debt and aiming to exceed IRR of 25% by year 5. Assume an Entry Multiple of 7 and Exit Multiple of 8. Show your working in the Worksheet "Working". Fill in a number or formula into each of the Green cells. Show ALL workings. DO NOT change any other cells in the worksheet. Can Target IRR be reached in Year 5 if there was no increase in exit multiple?