How to Rob a Bank!

Description

Learning Objectives: ■ to allow teams to plan a project ■ resourcing a project: staff and equipment ■ to plan a schedule ■ to cost a project and calculate ROI ■ to carry out risk assessment ■ to work effectively as a team More about the activity: Teams must hatch a viable and daring plan - to rob a bank! All the principles of project planning are covered in this fun and stimulating scenario. At the start of the activity teams have already commissioned research on three likely banks and reports are available after the first 15 minutes. Meanwhile, information in their Team Folder will enable them to formulate their plans. How and when will the robbery take place? Which bank have they chosen? What are the details regarding personnel, equipment, the getaway process, the hideaway base, etc? Faced, for example, with a rather unscrupulous-looking set of mugshots, teams must select the three robbers who are best qualified to execute the heist. A certain Mr. Big will bankroll the project but he’ll want his money back plus a cut of the loot. They also need a ‘fence’ to get rid of the loot and launder the proceeds. What is the expected value of the haul? Teams must calculate all the costs, including commission to Mr. Big and the fence, and come up with a viable, profitable plan. There are risks and these need to be identified and taken into account. Once all costs have been deducted, how will the remaining loot be distributed, remembering that there is no honor among thieves? In the end, teams complete a Planning Sheet to show the key parts of their plan: general outline, start dates, working capital, payouts, profit, risk analysis, and their 'single major concern'. Teams then prepare presentations to the local specialist (the Trainer!) who will decide (with the aid of the Trainer’s Notes) if their plans are viable - or otherwise!