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MONTY HALL PROBLEM
DAA AAT
Team Members:
1. Bhuvan Kumar S G (1BM22CD018)
2. Bommireddy Neha (1BM22CD019)
3. Sudeep S Rajpurohit(1BM22CD064)
4. Sahithi Kandula (1BM22CD054)
Monty Hall Problem: Problem Definition
Scenario
● You're a contestant on a game show.
● There are three doors: Behind one door is a car (the prize), and behind the other two doors
are goats.
Steps:
● You pick one of the three doors (e.g., Door 1).
● The host, Monty Hall, who knows what's behind each door, opens one of the other two
doors, revealing a goat (e.g., Door 3).
● Monty then asks if you want to stick with your original choice (Door 1) or switch to the
remaining unopened door (Door 2).
Question: Should you stick with your original choice or switch to the other door to maximize
your chances of winning the car?
Solution: Switching doors increases your probability of winning the car from 1/3 to 2/3.
CONTENTS OF THIS TEMPLATE
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TABLE OF CONTENTS
05
OBJECTIVES RESOURCES
SOLUTIONS COMMUNICATION
06
BUDGET
CONCLUSION
02
01 05
04
03
01 02
HOW TO CREATE A
PROJECT PROPOSAL
Creating a project proposal can be done in five steps:
● Define the project objectives and timeline
● Identify resources needed to complete the
project
● Develop a budget for the project and estimate
any potential risks associated with it
● Write down your proposed solution and provide
supporting documents or evidence that prove
its feasibility if necessary
● Develop a communication plan to ensure key
stakeholders are kept informed of progress
throughout the entire process
OBJECTIVES OF
THE PROJECT
01
01
OBJECTIVES
An aim in a corporate context is a goal
or desired result that the organization
seeks to achieve. The aim should be
clear and achievable, and often serves
as the basis for further planning
actions inside the organization
Goals inside a company are usually
specific and measurable, with clearly
defined deadlines and outcomes. The
company’s goals help focus the
actions of the organization and ensure
resources are used effectively
OUR AIM OUR GOAL
RESOURCES
The project team is
responsible for the
successful execution of the
project. Our team is
composed of experienced
professionals with the
necessary skills and
expertise to complete the
project on time and
within budget
Our project budget is
$100,000. This budget
includes all expenses
associated with the project,
including salaries and
equipment. We have
allocated these resources
to ensure that we are able
to complete the project
within budget
Our project requires a
number of specialized
pieces of equipment. We
will be using [insert
equipment and their
functions]. All equipment is
in good working condition
and has been tested and
calibrated prior to use
HUMAN
RESOURCES
FINANCIAL
RESOURCES
PHYSICAL
RESOURCES
BUDGET
Funding for a company can come from
personal savings or investments, bank
loans and other loan options, venture
capital and angel investors, grants,
competitions or programs, crowdfunding…
Personnel costs refer to the expenses
incurred in hiring, training and retaining
staff for a company. This can include
salaries, bonuses, benefits and other
payroll-related costs
SOURCES OF FUNDING PERSONAL COSTS
Equipment and materials costs refer to all
the expenses related to the purchasing,
maintenance and upkeep of any physical
items used in production or other business
processes inside the company
Travel and miscellaneous costs refer to
expenses related to any travel-related
activities, such as conferences, trainings or
business trips. It may also include office
supplies, communications services,
licenses and other miscellaneous expenses
EQUIPMENT AND MATERIALS TRAVEL & MISCELLANEOUS
SOLUTIONS
Implementing a new CRM
(Customer Relationship
Management) system to
improve customer data
management and sales
tracking
Outsourcing specific
business functions (such as
accounting or IT) to a third-
party provider to reduce
costs and increase time
efficiency
Launching an e-commerce
platform to expand the reach
of the business and increase
online sales
SOLUTION 1 SOLUTION 2 SOLUTION 3
Developing a new product or
service to diversify the
business and increase
revenue streams
Implementing a cost-saving
initiative, such as energy-
efficient practices or process
automation, to reduce
expenses
Establishing strategic
partnerships with other
businesses to gain access to
new markets or
innovative technologies
SOLUTION 4 SOLUTION 5 SOLUTION 5
Net profit of the project
$500,000
Break-even point
200 units
Market share in the industry
25%
10 MILLION
First-year revenue of the project
SALES REVENUE
Follow the link in the graph to modify its data and then paste the new one here. For more info, click here
This column graph
represents the sales revenue
for a business project
proposal in thousands of
dollars for each quarter of the
year. It shows an increase in
sales revenue from Q1 to Q4,
indicating a positive trend in
the project's performance
SALES (IN $
THOUSANDS)
PROJECT ACTIVITIES
ACTIVITY
START
DATE
END DATE RESOURCE COST REVENUE
MARKET
RESEARCH
1/1/20XX 1/15/20XX
Market research
firm
$20,000
PRODUCT
DEVELOPMENT
1/16/20XX 6/30/20XX R&D team $200,000
BETA TESTING 7/1/20XX 8/15/20XX Beta testers $10,000
MARKETING
CAMPAIGN
1/1/20XX 1/15/20XX
Advertising
agency
$100,000
PRODUCT
LAUNCH
1/16/20XX 6/30/20XX Sales team $50,000 $500,000
POST-LAUNCH
SUPPORT
7/1/20XX 8/15/20XX Support team $50,000 $800,000
WHAT TO SHOW IN
A MOCKUP
1. Product/website description: A brief
overview of the product/website, including
its key features, dimensions, and materials
used
2. Features and benefits: A detailed
explanation of the product's/website's
features and how they will benefit the user
3. Technical specifications: A list of the
product's/website's technical
specifications, such as dimensions, weight,
power requirements, connectivity options
and hosting platform
PROJECT TIMELINE
Conduct market research and
analyze the target audience
to identify opportunities
Create the product or service
by defining features, design,
and functionality
Test the product with a group
of users to receive feedback
and improve the product
Release the product or
service to the market with a
comprehensive launch plan
Explore opportunities for
growth and expansion of the
product or service
01 02 03
04 05
PROJECT ROADMAP
INITIATIVE OBJECTIVE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
MARKET
RESEARCH
Increase brand awareness by
30% within the first year
PRODUCT
DEVELOPMENT
Achieve a customer satisfaction
rate of 90%
MARKETING
CAMPAIGN
Increase revenue by 20% within
the first year
PRODUCT
LAUNCH
Achieve a customer satisfaction
rate of 90% within the first year
EXPANSION
Reduce costs by 15% within the
first year by expanding the
product
PARTNERSHIP
Reach profitability within 18
months of launch
PHOTO SHOWCASE
A photo showcase can be a useful addition to a business
project proposal as it can help to visually communicate the
concept or idea being proposed
PROJECT EXPENSES
OVERHEAD
EQUIPMENT
MATERIALS
LABOR
Follow the link in the graph to modify its data and then paste the new one here. For more info, click here
15%
25%
40%
25%
KPI DASHBOARD
RESOURCE
UTILIZATIO
N RATE
COST PER
UNIT
LABOR 85% $50
EQUIPMENT 70% $100
MATERIALS 95% $20
RENT 90% $1,000
ENERGY 80% $80
SOFTWARE
LICENSES
80% $200
ADVERTISING 60% $500 Follow the link in the graph to modify its data and then
paste the new one here. For more info, click here
Output per worker
120U/DAY
Time to complete a task
2H
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yourwebsite.com
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  • 1. MONTY HALL PROBLEM DAA AAT Team Members: 1. Bhuvan Kumar S G (1BM22CD018) 2. Bommireddy Neha (1BM22CD019) 3. Sudeep S Rajpurohit(1BM22CD064) 4. Sahithi Kandula (1BM22CD054)
  • 2. Monty Hall Problem: Problem Definition Scenario ● You're a contestant on a game show. ● There are three doors: Behind one door is a car (the prize), and behind the other two doors are goats. Steps: ● You pick one of the three doors (e.g., Door 1). ● The host, Monty Hall, who knows what's behind each door, opens one of the other two doors, revealing a goat (e.g., Door 3). ● Monty then asks if you want to stick with your original choice (Door 1) or switch to the remaining unopened door (Door 2). Question: Should you stick with your original choice or switch to the other door to maximize your chances of winning the car? Solution: Switching doors increases your probability of winning the car from 1/3 to 2/3.
  • 3. CONTENTS OF THIS TEMPLATE FONTS To view this template correctly in PowerPoint, download and install the fonts we used USED AND ALTERNATIVE RESOURCES An assortment of graphic resources that are suitable for use in this presentation THANKS SLIDE You must keep it so that proper credits for our design are given COLORS All the colors used in this presentation ICONS AND INFOGRAPHIC RESOURCES These can be used in the template, and their size and color can be edited EDITABLE PRESENTATION THEME You can edit the master slides easily. For more info, click here You can delete this slide when you’re done editing the presentation You can visit our sister projects: FREEPIK | FLATICON | STORYSET | WEPIK | VIDEVO For more info: SLIDESGO | BLOG | FAQs
  • 4. TABLE OF CONTENTS 05 OBJECTIVES RESOURCES SOLUTIONS COMMUNICATION 06 BUDGET CONCLUSION 02 01 05 04 03 01 02
  • 5. HOW TO CREATE A PROJECT PROPOSAL Creating a project proposal can be done in five steps: ● Define the project objectives and timeline ● Identify resources needed to complete the project ● Develop a budget for the project and estimate any potential risks associated with it ● Write down your proposed solution and provide supporting documents or evidence that prove its feasibility if necessary ● Develop a communication plan to ensure key stakeholders are kept informed of progress throughout the entire process
  • 7. OBJECTIVES An aim in a corporate context is a goal or desired result that the organization seeks to achieve. The aim should be clear and achievable, and often serves as the basis for further planning actions inside the organization Goals inside a company are usually specific and measurable, with clearly defined deadlines and outcomes. The company’s goals help focus the actions of the organization and ensure resources are used effectively OUR AIM OUR GOAL
  • 8. RESOURCES The project team is responsible for the successful execution of the project. Our team is composed of experienced professionals with the necessary skills and expertise to complete the project on time and within budget Our project budget is $100,000. This budget includes all expenses associated with the project, including salaries and equipment. We have allocated these resources to ensure that we are able to complete the project within budget Our project requires a number of specialized pieces of equipment. We will be using [insert equipment and their functions]. All equipment is in good working condition and has been tested and calibrated prior to use HUMAN RESOURCES FINANCIAL RESOURCES PHYSICAL RESOURCES
  • 9. BUDGET Funding for a company can come from personal savings or investments, bank loans and other loan options, venture capital and angel investors, grants, competitions or programs, crowdfunding… Personnel costs refer to the expenses incurred in hiring, training and retaining staff for a company. This can include salaries, bonuses, benefits and other payroll-related costs SOURCES OF FUNDING PERSONAL COSTS Equipment and materials costs refer to all the expenses related to the purchasing, maintenance and upkeep of any physical items used in production or other business processes inside the company Travel and miscellaneous costs refer to expenses related to any travel-related activities, such as conferences, trainings or business trips. It may also include office supplies, communications services, licenses and other miscellaneous expenses EQUIPMENT AND MATERIALS TRAVEL & MISCELLANEOUS
  • 10. SOLUTIONS Implementing a new CRM (Customer Relationship Management) system to improve customer data management and sales tracking Outsourcing specific business functions (such as accounting or IT) to a third- party provider to reduce costs and increase time efficiency Launching an e-commerce platform to expand the reach of the business and increase online sales SOLUTION 1 SOLUTION 2 SOLUTION 3 Developing a new product or service to diversify the business and increase revenue streams Implementing a cost-saving initiative, such as energy- efficient practices or process automation, to reduce expenses Establishing strategic partnerships with other businesses to gain access to new markets or innovative technologies SOLUTION 4 SOLUTION 5 SOLUTION 5
  • 11. Net profit of the project $500,000 Break-even point 200 units Market share in the industry 25%
  • 13. SALES REVENUE Follow the link in the graph to modify its data and then paste the new one here. For more info, click here This column graph represents the sales revenue for a business project proposal in thousands of dollars for each quarter of the year. It shows an increase in sales revenue from Q1 to Q4, indicating a positive trend in the project's performance SALES (IN $ THOUSANDS)
  • 14. PROJECT ACTIVITIES ACTIVITY START DATE END DATE RESOURCE COST REVENUE MARKET RESEARCH 1/1/20XX 1/15/20XX Market research firm $20,000 PRODUCT DEVELOPMENT 1/16/20XX 6/30/20XX R&D team $200,000 BETA TESTING 7/1/20XX 8/15/20XX Beta testers $10,000 MARKETING CAMPAIGN 1/1/20XX 1/15/20XX Advertising agency $100,000 PRODUCT LAUNCH 1/16/20XX 6/30/20XX Sales team $50,000 $500,000 POST-LAUNCH SUPPORT 7/1/20XX 8/15/20XX Support team $50,000 $800,000
  • 15. WHAT TO SHOW IN A MOCKUP 1. Product/website description: A brief overview of the product/website, including its key features, dimensions, and materials used 2. Features and benefits: A detailed explanation of the product's/website's features and how they will benefit the user 3. Technical specifications: A list of the product's/website's technical specifications, such as dimensions, weight, power requirements, connectivity options and hosting platform
  • 16. PROJECT TIMELINE Conduct market research and analyze the target audience to identify opportunities Create the product or service by defining features, design, and functionality Test the product with a group of users to receive feedback and improve the product Release the product or service to the market with a comprehensive launch plan Explore opportunities for growth and expansion of the product or service 01 02 03 04 05
  • 17. PROJECT ROADMAP INITIATIVE OBJECTIVE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC MARKET RESEARCH Increase brand awareness by 30% within the first year PRODUCT DEVELOPMENT Achieve a customer satisfaction rate of 90% MARKETING CAMPAIGN Increase revenue by 20% within the first year PRODUCT LAUNCH Achieve a customer satisfaction rate of 90% within the first year EXPANSION Reduce costs by 15% within the first year by expanding the product PARTNERSHIP Reach profitability within 18 months of launch
  • 18. PHOTO SHOWCASE A photo showcase can be a useful addition to a business project proposal as it can help to visually communicate the concept or idea being proposed
  • 19. PROJECT EXPENSES OVERHEAD EQUIPMENT MATERIALS LABOR Follow the link in the graph to modify its data and then paste the new one here. For more info, click here 15% 25% 40% 25%
  • 20. KPI DASHBOARD RESOURCE UTILIZATIO N RATE COST PER UNIT LABOR 85% $50 EQUIPMENT 70% $100 MATERIALS 95% $20 RENT 90% $1,000 ENERGY 80% $80 SOFTWARE LICENSES 80% $200 ADVERTISING 60% $500 Follow the link in the graph to modify its data and then paste the new one here. For more info, click here Output per worker 120U/DAY Time to complete a task 2H
  • 21. CREDITS: This presentation template was created by Slidesgo, including icons by Flaticon and infographics & images by Freepik THANKS Do you have any questions? [email protected] +91 620 421 838 yourwebsite.com Please keep this slide for attribution
  • 22. ALTERNATIVE RESOURCES Here’s an assortment of alternative resources whose style fits the one of this template: VECTOR ● Black friday banner design ● Flat sale banners set with photo
  • 23. Instructions for use If you have a free account, in order to use this template, you must credit Slidesgo by keeping the Thanks slide. Please refer to the next slide to read the instructions for premium users. As a Free user, you are allowed to: ● Modify this template. ● Use it for both personal and commercial projects. You are not allowed to: ● Sublicense, sell or rent any of Slidesgo Content (or a modified version of Slidesgo Content). ● Distribute Slidesgo Content unless it has been expressly authorized by Slidesgo. ● Include Slidesgo Content in an online or offline database or file. ● Offer Slidesgo templates (or modified versions of Slidesgo templates) for download. ● Acquire the copyright of Slidesgo Content. For more information about editing slides, please read our FAQs or visit our blog: https://slidesgo.com/faqs and https://slidesgo.com/slidesgo-school
  • 24. As a Premium user, you can use this template without attributing Slidesgo or keeping the "Thanks" slide. You are allowed to: ● Modify this template. ● Use it for both personal and commercial purposes. ● Hide or delete the “Thanks” slide and the mention to Slidesgo in the credits. ● Share this template in an editable format with people who are not part of your team. You are not allowed to: ● Sublicense, sell or rent this Slidesgo Template (or a modified version of this Slidesgo Template). ● Distribute this Slidesgo Template (or a modified version of this Slidesgo Template) or include it in a database or in any other product or service that offers downloadable images, icons or presentations that may be subject to distribution or resale. ● Use any of the elements that are part of this Slidesgo Template in an isolated and separated way from this Template. ● Register any of the elements that are part of this template as a trademark or logo, or register it as a work in an intellectual property registry or similar. For more information about editing slides, please read our FAQs or visit our blog: https://slidesgo.com/faqs and https://slidesgo.com/slidesgo-school Instructions for use (premium users)
  • 25. This presentation has been made using the following fonts: Mulish (https://fonts.google.com/specimen/Mulish) Montserrat (https://fonts.google.com/specimen/Montserrat) #040404 #eeeeee #c6c6c6 #fca21f #ffffff Fonts & colors used
  • 26. Create your Story with our illustrated concepts. Choose the style you like the most, edit its colors, pick the background and layers you want to show and bring them to life with the animator panel! It will boost your presentation. Check out how it works. Storyset Pana Amico Bro Rafiki Cuate
  • 27. You can easily resize these resources without losing quality. To change the color, just ungroup the resource and click on the object you want to change. Then, click on the paint bucket and select the color you want. Group the resource again when you’re done. You can also look for more infographics on Slidesgo. Use our editable graphic resources...
  • 30. JANUARY FEBRUARY MARCH APRIL PHASE 1 Task 1 Task 2 JANUARY FEBRUARY MARCH APRIL MAY JUNE PHASE 1 PHASE 2 Task 1 Task 2 Task 1 Task 2
  • 33. You can resize these icons without losing quality. You can change the stroke and fill color; just select the icon and click on the paint bucket/pen. In Google Slides, you can also use Flaticon’s extension, allowing you to customize and add even more icons. ...and our sets of editable icons
  • 36. Help & Support Icons Avatar Icons
  • 37. Creative Process Icons Performing Arts Icons