At our school, the final exams in drama are MONOLOGUES.
This is the package given to students to complete - including due dates, the written work, and expectations.
This is the MOST successful project of the year...it's, by far, my favourite part of the whole class. Students shine and It's awesome to watch :)
We give 3 weeks for completion - between the workshops in class to work on characterization, and the written package.
It can be done in 2 weeks, depending on your timeline.