Forming project budget for financial and economic literacy for children of preschool and primary school age using Microsoft Office Project

Abstract

The financial services market is developing rapidly in today’s dynamic world. The financial inclusion of our compatriots directly depends on their financial and economic literacy. Therefore, awareness of Ukrainian citizens with financial and economic terms, as well as the basics of financial transactions should take place in childhood. The aim of the article is to draw up the budget of the educational project of financial and economic literacy for the children of preschool and primary school age with the help of the Microsoft Office Project. The article describes the features of the project (purpose, existing hierarchical goals, coordinated implementation of related actions, time frame, availability of the budget, uniqueness). The project of financial and economic literacy for the children is classified into certain types of projects according to different classification criteria (scale, duration, industry affiliation, functional direction, the nature of the parties involved, the degree of complexity, the composition and structure of the organizations involved, the requirements for project quality, the degree of binding, the degree of communication, the number of participants). The step-by-step algorithm of project development from the establishment of the project team to project budget formulation is created and described. Methods used: SWOT-analysis (to identify strengths and weaknesses, threats and opportunities of the project), critical path (for planning project works), budgeting (for project budgeting). The algorithm of automated scheduling of project tasks in the Microsoft Office Project program is described. The project budget includes the costs of printing presentation materials; creating drawings to explain the financial and economic terms that will be used in the children’s book; creating a layout and printing a children’s book; creating a cartoon; creating a project web page; remuneration of teachers for conducting training sessions. The time frame of the project was 5,5 months. The universality of the project is indicated, as it can be implemented by teachers of economic departments of any institution of higher education in Ukraine. It is noted that the developed project of financial and economic literacy for the children can serve as a basis for other educational projects in preschool or school education or for similar projects of financial and economic literacy, where the target audience will be middle and high school students studying in general secondary education institutions, gymnasiums, lyceums.