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Project PlanProject PlanPresented by Timika GatdulaPresented by Timika Gatdula

April 9, 2002April 9, 2002

AGRIDAGRID

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AgendaAgenda• Overview

• Management plan

• Time schedule

• Required resources

• Budget

• Marketing strategy

• Success indicators

• Conclusion

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American Diabetes StatisticsAmerican Diabetes Statistics• 16+ million cases of diabetes

• 2,500 new cases daily

• 7th leading cause of death

• 193,140 deaths in 1996

• $44 billion in direct medical costs

*Statistics from ADA & NIDDK

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Societal IssueSocietal Issue• Diabetics do not follow their prescribed

insulin regimen.

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Survey Results Survey Results ( ~1000 People)( ~1000 People)

• 2/3 find regimen difficult to manage• 41% “unsuccessful” at management• 3 in 5 do not monitor as prescribed• 17% do not maintain insulin regimen• 1 in 5 find regimen restricting• 42% do not monitor their glucose levels

*Survey by Eli Lilly company & AGRID

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Project GoalProject Goal• We believe that given a simplified insulin

protocol, insulin-dependent diabetics will be more likely to maintain their insulin regimen.

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Project ObjectivesProject Objectives• Acquire materials• Hardware design• Software design• Integrate hardware• Software testing

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Organizational StructureOrganizational StructureProject

ManagerTimika

SBIR TEAMTimika

Presentation Coordinator

Suchitra

Research Documenter

Dean Administrator

Timika

Project AdvisorDr. Ray

Grant Researcher

Dean

Information Researcher

Suchitra

Proposal WriterTimika

Formal Presenter

Timika

Informal Presenter

Dean

Technology Researcher

Dean

Medical Researcher

Suchitra

Sociological Researcher

Timika

Financial Researcher

Suchitra

RecorderDean

Web MasterSuchitra

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Management PlanManagement Plan

• Review employee status every two weeks• Maintain open communication with employees• Keep employees on task to meet deadlines• Monitor quality of work to meet standards

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Functional Diagram Functional Diagram

User InfoUser Info MonitorMonitor

WarningWarning

Ultra SoundUltra Sound

WarningWarning

Excessively High

ComputationalComputationalDeviceDevice

Extremely Low

Within Range

PatchPatch

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Product Demonstration Product Demonstration

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Components Components

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Project Phase 0Project Phase 0

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Project Phase 1Project Phase 1

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Project Phase 2Project Phase 2

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Preliminary BudgetPreliminary BudgetPersonnel

Project manager - Timika Gatdula 29250Software developer – Suchitra Vijayakumar 19088Software designer - Matt Parks 4800Hardware designer – Jim Forgy 5200Consultant 120 @ 150 18000

EquipmentGlucoWatch 5 @ 230 1150Ultra sound 5 @ 100 500Software system 3000

SuppliesPatches 1000 @ 3 3000Miscellaneous 3000

TravelNIH 1500

ContractsTesting 20000

Total 99238

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Design and DevelopmentDesign and Development  

Personnel cost: Personnel cost: 785,000 785,000 ProgrammersProgrammers 60,000 60,000

HardwareHardware 100,000 100,000

Experts/contractsExperts/contracts 500,000 500,000

AdministrationAdministration 75,000 75,000

AccountingAccounting 50,000 50,000

Facilities costFacilities cost 1,000,000 1,000,000

Acquiring Of materialsAcquiring Of materials 168,000 168,000GlucoWatchGlucoWatch 40,000 40,000

Ultra Sound DeviceUltra Sound Device 18,000 18,000

Insulin PatchesInsulin Patches 30,000 30,000

Integration DeviceIntegration Device 80,000 80,000

Testing Testing 2,000,000 2,000,000

Total CostTotal Cost 3,953,000 3,953,000

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Profit PotentialProfit PotentialCostsCosts

Monitoring Device 230 @ 4200 966000

Insulin Patches 3 @ 300000 900000

Overhead Cost 311400

Total Cost 2177400

ProfitProfit

Monitoring Device 297 @ 4200 1247400

Insulin Patches 3.10 @ 300000 930000

Total 2177400

Break Even Point Break Even Point 4200 Units4200 Units 0 0

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Marketing PlanMarketing Plan• Target doctors• Target diabetic patients• Publications in journals• Notify diabetes institutes

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Evaluation PlanEvaluation Plan• Successful software coding• Completion of computation device• Integration of necessary components• Testing

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Risks & MitigatorsRisks & Mitigators

Diabetes cured Very far into the future

Simpler regimentation becomes available

Our solution is simple

Unable to acquire government approval

Alter product to meet requirements

Unable to attain user-rights Find alternative devices

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ConclusionConclusion• Project completion within schedule• Project costs within budget

Given the time and money this project Given the time and money this project isis possible! possible!