Ask the class what they know about projections in any context.
Tell the students that when you sort the particles using the Stern-Gerlach device, the particles leave the device in the quantum state corresponding to that sorter. This is called the collapse of a wave state.
To provide a visual representation of what happens in a wave state collapse, draw a 2-space diagram with dimensions $\vert+ \rangle$ and $\vert- \rangle$. Draw some arbitrary state that is a linear combination of the two and project the vector onto one of the axes.
Emphasize that this projection of a wave state onto one of the axes is the graphical representation of what occurs in the collapse of a wave state.
Be sure to emphasize that after performing the projection onto a state, the new wave state needs to be normalized.
The projection onto different wave states operates in the same manner as well, only the wave states are projection onto different axes. Draw the $\vert+ \rangle_{x}$ ket graphically and show how a wave state can be projected onto it.
Now, tell the students we need an operator that will mathematically perform this projection on a wave state. Unfortunately, we cannot do this with an operator similar to $S_{x}$ or $S_{z}$, so one of the goals will be to find this projection operator.
At this point, give to students that if $\vert\psi \rangle$ represents some incoming wave state, $\vert\psi '\rangle$ represents the outgoing wave state, and $P_{\vert\psi ' \rangle}$ represents the projection operator that projects wave states onto the new state $\vert\psi ' \rangle$, the outgoing wave state is found using the expression
$$\vert\psi ' \rangle=\frac {P_{\vert\psi ' \rangle} \vert\psi \rangle}{\sqrt{\langle \psi|P_{\vert\psi ' \rangle}\vert\psi \rangle}} \; \; . $$
Unfortunately, there's no mathematically nice way to do this operation; to find the projection, the only choice is to plug in what we know and grind through computing the bra-kets.
Emphasize, however, that we oftentimes already know the answer. For example, if the outgoing state is $\vert+ \rangle_{x}$, we already know that any wave stated projected onto it and normalized will be represented in the z-basis as
$$\vert+ \rangle_{x}=\frac{1}{\sqrt{2}}\vert+ \rangle + \frac{1}{\sqrt{2}}\vert- \rangle \; \; . $$
$$P_{\vert+ \rangle}\dot = \left(\begin{array}{cc} 1 & 0 \\ 0 & 0 \\ \end{array}\right)\; \; \; \; \text{and} \; \; \; \; P_{\vert- \rangle}\dot =\left(\begin{array}{cc} 0 & 0 \\ 0 & 1 \\ \end{array}\right) \; \; .$$
Now, the projection operators $P$ for the x-oriented and y-oriented devices would look exactly the same in their own basis, but we want to find the projection operators for both orientations in the z-basis. To do this, it is actually easier to try to find the operator in terms of bra-ket language.
Note that the order of the bra-kets for the projection operation appears bizarre, but this placement groups together the projection components. Also, with this order, a 2×2 projection matrix (which would have the form of operators like $S_{x}$) can be found using the outer product.