4 pieces. Easy cutting. Coloring not necessary.
Use any leftover wrapping paper, saved used paper, Sunday newspaper comic section, or new stuff*. All you need is pieces of wrap 6 inches wide and 24 inches long approximately.
You may reduce the pieces on a copy machine to make smaller banners.
The cutting is pretty easy, except for the center of the "O", but if you pinch and cross cut as shown, it is pretty easy.
Measuring and marking the wrapping paper to cut, if done by students would take a first grader, but a teacher or aid could easily prepare the wrapping paper for many children in a short time.
You don't have to color the letters if your wrapping paper is colorful......or you can print the letters on colored paper.
This banner can hang on a wall, doorknob or door. Show the children how to hang it on a doorknob.