Managerial Skills Mid

7/31/2019 Managerial Skills Mid

http://slidepdf.com/reader/full/managerial-skills-mid 1/12

Feasibility study

1| P a g e

EXECUTIVE SUMMARY

The feasibility study provides a sound, practical and well researched framework for the

development of a Montessori school project in the unexplored areas of Pakistan.

Complete analysis is done on the interested area.The opportunity is analyzed keeping in view

the current industrial structure. The industrial structure contains two basic structures in the

form of Pre School/Day Care and the other one is Kindergarten /Nursery.

The Market analyses is done on the basis of positioning options available to a Montessori

School System mainly based on household income and on the quality/standard of education

offered. Customer Analysis focuses on three basic income groups including lower, middle

and upper class group

Key success factors for the project may include highly educated and properly trained staff for

Montessori education. Education curriculum should be well researched and comprehensive.

The school should also preferably not be located in a highly populated location or at a

location with high traffic hazards. Classrooms should either be air-conditioned or at least well

ventilated. Adequate provisions for physical, either indoor or outdoor or both facilities should

be made available. Continuous teacher parent interaction should also be a regular feature of

the school education system.

In Pakistan no formal registration is required for the Montessori and elementary schools with

Education Directorate Schools. Key personnel mainly include Principal, Teachers co-

coordinator, Accountant, Teachers, student attendant, Librarian/activity teacher and computer

teacher.

Land and building location is selected on the basis of cost analysis. Equipment, furniture and

fixture requirements are quantified and recommendations are given at each analysis step of

feasibility



Feasibility study

2| P a g e

1 INTRODUCTION

The project is about starting a Montessori in the unexplored areas of Islamabad having

extreme potential for entrepreneurs. It provides an overview of the opportunity for the smallbusiness start up in the form of Montessori school project.

Islamabad is a city with offices, government buildings and housing sectors but far from the

main cities its peripheral regions are still lacking advancement in the field of quality

education, residence and health. The area is mostly dwelled by low income government

employees who have come here from other cities of Pakistan including all provinces, FATA

and FANA. People here want their children to become the stronger representatives of their

future. The feasibility will guide the entrepreneurs to make the right decision and to get

benefit in the form of a profitable business as well as benefit the society and community of

these areas

1.1 Methodology

The analysis methodology is represented below

KEY

FACTORS

PROFIT

ANALYSIS

CUSTOMER

ANALYSES

HUMAN

RESOURSE

EQUIPMENT

REQUIREME

NT

MARKET

ANALYSIS

KEY

PERSONNEl

SUITABLE

LOCATION





Feasibility study

4| P a g e

It is proposed that students be admitted for playgroup to class II.There are ten proposed

classrooms for the school having a total capacity of 240 students.however, this capacity may

notbe achieved in the initial years of operations

4 CURRENT INDUSTRY STRUCTURE

The Montessori education in the country side is yet at an earlystage to absorb the growing

demand. However few school systems have readily established themselves in the area. The

only prominent name in Montessori educationist is Sun Rise Montessori School whereas

some secondary level schools like Green Hill School and Bright Star Model School are

also running the playgroup classes

The education system of the area and generally of Pakistan is as follows:

4.1 Current Industry Structure

Atpresent, most of the elementary school systems in the country fall in one of the following

two categories

Pre-School/Day Care

Nursery/Kindergarten/Montessori/Test Preparation Centers

4.1 Pre School/Day Care

The Pre School/Day Care admits children ranging from 3 months to 3 years of age. However,

on an average achild of two and a half years of age is normally admitted to a Pre-School.Pre-

School organize training that includes recognition of numbers and alphabets, introduction to

basic shapes, bodyparts, poems and basic religious knowledge

4.2 Nursery/Kindergarten/Montessori

The tier of education system is the first stage of formal learning process for a child. Normallya child of three years of age is admitted to this system of education .Most school systems at



Feasibility study

5| P a g e

this level adopt their own teaching methodology. The schools prepare their students to

socialize with other children in the same age bracket and familiarize them for a more formal

primary level education.

5 MARKET ANALYSIS

There are two broad market – positioning options available to aMontessori School System

based on household income

based on the quality/standard of education offered

Irrespective of the education services, income based target market will play a crucial role in

the overall positioning of the school.

Any entrepreneur planning to open up a Montessori school should first decide upon the

objective of the venture. Various options available in this regard may include:

To plan a Montessori school with emphasis on Daycare services

To establish a school as a preparatory School for other reputed Primary Level

Schools.

To establish a Montessori School with some services towards primary and high school

levels

6 CUSTOMER ANALYSIS

Based on income level, the school can position itself for any of the following three broad

categories:

6.1 Upper Income Group

The upper income group segment is quality and reputation conscious. Most parents of this

group are self-employed businessman, high paid government officials of PAEC, or private

sector executives working in the federal area of Islamabad

6.2 The Medium Income Group

The schools that deal with this income group are charging a fee ranging from Rs.5, 000-

10,000 per month. These schools are offering vide range of facilities and ease from

educational point of view

6.3 The Lower Income Group



Feasibility study

6| P a g e

Schools in the category normally charge a fee ranging from Rs. 1,500-4,000per month. These

schools cater to children of well-educated and professionally employed parents. The

important characteristics of these schools include well located school buildings that may be

custom built or rented premises, modern course work adopted by other modern school

systems, and comfortable class rooms with some provisions for playing area

7 KEY SUCCESS FACTORS

At the Montessori school level, teachers/attendants play a critical role in the success of

learning process therefore; staff employed by the school should be highly educated and

properly trained for Montessori education.

Education curriculum should be well researched and comprehensive. In addition to paper

course work, visual and other teaching tools should be optimally used.

As parents are conscious about the wellbeing and safety of their children at schools, therefore

school environment should ensure security and should be free from any apparent hazards.

The school should also preferably not be located in a highly populated location or at a

location with high traffic hazards

The area of the classrooms should either be air-conditioned or at least well ventilated.

Classrooms should also be well equipped with teaching as well as extra

Curricular activity aids. Adequate provisions for physical, either indoor or outdoor or both

facilities should be made available. Continuous teacher parent interaction should also be a

regular feature of the school education system

8 REGULATIONS

In Pakistan no formal registration is required for the Montessori and elementary schools with

Education Directorate Schools. However, if the schools are planned for expansion then theyare required to get registered with Provincial Education Department in the office of

Education Directorate Schools .The application is to be submitted on prescribed form which

can be obtained from the department .Domestic rates apply on the utility bills if an institution

is registered with the department



Feasibility study

7| P a g e

9 HUMAN RESOURCE REQUIREMENTS

9.1 Key Personnel

9.1.1 Principal

The principal is responsible for coordinating all the activities for the school including the

hiring of teachers, developing connection with parents, maintaining and developing the brand

name of the school.

9.1.2 Teachers coordinator

An experienced and trained Montessori School teacher is recommended for this post. The

coordinator would be assisting the principal in all school matters. The post is responsible for

teacher, attendance, their performance and evaluation.

Coordinator also manages different special projects to increase coaching awareness among

teachersinclude arranging guest speakers, visits and workshops

9.1.3 Accountant

The accountant will be responsible for book keeping and maintainingaccounts, salaries and

other administrative expenditures.

9.1.4 Teachers

Experienced teachers or fresh graduate with a natural aptitude for teaching should be

employed .a balanced mix of experienced and fresh teachers are recommended for efficient

running of the school. Each teacher shall be given a class and held responsible for proper

training, imparting knowledge, arranging co-curricular activities for the children and their

performances in the examinations

9.1.5 Student Attendants

The students in the elementary institutes are very young and may also need attendants or

baby-sitters .Each class will be having one attendant for the children

9.1.6 Librarian /Activity Teacher

One person is recommended for running the library and for activity room

9.1.7 Computer Teacher

The person should be responsible for the introduction of IT to the young students anf for

proper arrangement of students games and basic computer learning



Feasibility study

8| P a g e

9.0 Key Personnel and salary

10 EQUIPMENT REQUIRED

The details of equipment required for the project are as follows:

Table 10.1 Office equipment requirement detail



Feasibility study

9| P a g e

Table 10.2 Other equipment requirement detail

Table 10.3 Furniture and fixture detail



Feasibility study

10| P a g e

11 LAND BUILDING

11.1 Area Requirement

For two hundred and forty students(240),2.5 canal of land would be sufficient .The covered

area should have 10 classrooms, one common room for teachers and one for principal one for

teacher co-coordinators and one for the administration staff.

A big hall should be allocated with proper divisions for library/entertainment room and

computer section. An adequate area should be allocated for the playground. The playground

should have seesaws, slides, monkey bars and other playing equipment and tools

Table 11-1 Covered Area Requirement

11.2 Recommended Mode for Acquiring Land

The proposed project should be established in a rented building to reduce initial infrastructure

cost

11.2.1 Building Rent

Average monthly rent for the building required Rs. 50,000 to 60,000

Table 11.2.1 Building Rent Cost

11.3 Suitable Location

The suitable location depends upon the target market. The peripheral areas of Islamabad like

Khana Pul, Bara Kahu ,Nilore and shehzad town are attractive places for the project to

flourish because the population is growing exponentially and there is lack of standardized

facilities(See Map 11.3- Page 10)



Feasibility study

11| P a g e

12. FINANCIAL ANALYSES

12.1 Project Economics

Table 12-1 Project Cost/Capital Requirements

13 REVENUE ASSUMPTIONS

13.1 Revenue Assumptions



Feasibility study

12| P a g e

Figure 11.3 Map of Target Area

Documents

Managerial Skills Mid