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iRubric: Million Dollar Project rubric

iRubric: Million Dollar Project rubric

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Million Dollar Project 
Task: You've been given $1M to spend. Rules: You must buy a house, a car, save at least $75K for college, go on vacation, and make a donation. Sales tax, closing costs, and fees do not apply. See project sheet for exact details. What you will turn in: 1) Advertisement/picture of each item with a price and where you found it. 2) A NEATLY organized Expense Tracking Sheet, calculations of each item, your total amount spent. 3) Your checkbook. 4) A cover sheet designed in Microsoft Publisher.
Rubric Code: SX2BXCA
Ready to use
Public Rubric
Subject: Math  
Type: Project  
Grade Levels: 6-8

Powered by iRubric Million Dollar Project
  Below standard

1 pts

Fair

2 pts

Good

3 pts

Perfect

4 pts

Exceptional

5 pts

Items

Each item is documented properly with either a picture or advertisement showing the cost of the item and where it was found.

Below standard

There are no labels and/or pictures. Cost and/or locations cannot be read, or are missing.
Fair

Products are labeled, but no ads. The cost is shown but sources may be missing.
Good

Individual prices from sources are listed. Not all ads are present or not all sources are present.
Perfect

Individual prices including copy/ picture of the ad are present. All sources for ads or pictures are present.
Exceptional

All individual prices including a complete ad showing prices and sources for all items. Items well labeled with an explanation for each. Items are unique, well thought out and organized.
Expense Tracking Sheet

Each individual item is to be listed showing a grand total of not more than $1 million dollars.

Below standard

The cost of each item is missing. Entries can't be read and a running total of purchases is not included. Or the amount is over $1M
Fair

Total cost of some of the items is shown or can be read. Running total is only partially completed or can't be read.
Good

Total cost of the items list is shown for each item. Running total is complete for each item. There are calculation errors.
Perfect

Total cost of the items list is shown in a neat and organized manner. The running total is present for each item and does not exceed $1M. There are no calculation errors.
Exceptional

Total cost of all items is present and clearly labeled. The running total with each calculation is shown. Purchases are very close to but do not exceed $1M
Presentation

Students are required to submit their project with a cover, and in an easy to read format.

Below standard

Student presentation of results was confusing, and he/she did not submit a cover and is missing two or more required items.
Fair

Student presentation of results was some what clear, and he/she did not submit a cover and one required item is missing.
Good

Student presentation of results was in a clear, organized manner, and he/she included a cover but is missing one item.
Perfect

Student presentation of results was in a clear and organized manner, and his/her cover was present and no items were missing.
Exceptional

Student presentation of results was very clear, well thought out and exceptionally organized. Cover sheet was bold, creative and eye catching. All items were present and well labeled.
Creativity

Students are required to follow the rules. They need to be original and creative when spending their money. Student projects should not resemble other students' projects.

Below standard

Student did not follow rules and showed little creativity in his/her project. Items are similar.
Fair

Student followed most of the rules and showed some creativity in his/her project. There is some variation in items bought.
Good

Student followed the rules and showed creativity in his/her project. There is good variation in items bought.
Perfect

Student followed the rules and showed great variation of items bought. Cover sheet includes all necessary information.
Exceptional

Student followed all rules and items are not just varied but creatively chosen with clear explanations of their choices. Cover sheet is artful and eye catching with a great deal of effort put into the project.




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