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Garage Project (MGMT90224)
Graduate courseworkPoints: 12.5Not available in 2024
Overview
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The purpose of this subject is to develop experience with an entrepreneurial venture in a real-world environment. Student teams will be responsible for designing and building a small-scale project that is capable of trading for at least one full day during semester 1. Learning will involve putting lean start up and design thinking principles into action, including customer insight and validation as well as a simple financial analysis. The subject will also teach team skills including selection, structure, roles, and norm and process development. Reflexive exercises will heighten self-awareness as an entrepreneurial decision maker. Students will also acquire skills applying business performance review and critical analysis using customer insights in a practical setting.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Design, build, and launch a simple enterprise
- Evaluate an enterprise using customer validation and insights
- Apply the principles of design thinking and lean start-up.
- Be able to undertake a simple financial analysis of the proposed enterprise
Generic skills
High level of development:
- Develop problem-solving skills through prototype project development
- Think critically, and organise knowledge, from consideration of the material in the readings and discussions
- Develop creative ways of solving unfamiliar problems, through the prototype experience
Moderate level of development:
- Learn to adopt new ideas, from participation in the unit and observation of other start-up enterprises
- Plan effective work schedules, to meet the regular deadlines for submission of assessable work
Some level of development:
- Present an argument, by reflecting on those presented in class and experience in the prototype project process
Last updated: 9 April 2024
Eligibility and requirements
Prerequisites
Admission into the MC-ENTR Master of Entrepreneurship
Corequisites
None
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 9 April 2024
Assessment
Semester 1
| Description | Timing | Percentage |
|---|---|---|
Participation (500 words per student equivalent), assessed throughout the semester; based on attendance and contribution to class discussions (20%)
| Throughout the semester | 20% |
Group presentation (including Q&A) describing the enterprise that the group proposes to create and run (500 words equivalent per student).
| Week 4 | 10% |
Two group progress reports and 10 minute presentations (including Q&A) (500 words equivalent per student for each presentation). 10% each, 20% total. Due Weeks 6 and 8.
| From Week 6 to Week 8 | 20% |
Group customer insight report and 10 minute presentation (including Q&A) (500 words equivalent per student). Due in Week 10. (10%)
| Week 10 | 10% |
Group presentation of the learning journey (500 words per student equivalent). (25%)
| Week 12 | 25% |
Individual report (to accommpany the presentation of the learning journey) (1500 words).
| During the examination period | 15% |
Last updated: 9 April 2024
Dates & times
Not available in 2024
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 9 April 2024
Further information
- Texts
Prescribed texts
You will be advised of the prescribed texts by your lecturer.
Last updated: 9 April 2024