I have made lots of these as Christmas gifts for friends. The swags can make elegant hostess gifts or kids could do a simpler version. They can be hung on the wall or used as a table centerpiece.
Parental supervision is recommended.
For a wall hanging attach a piece of wire as a hook first and check that it will hang well before you add all the ornaments. I wire and glue the bow and wire any of the heavier stuff as well as gluing. Otherwise it's just a matter of selecting nice ornaments and placing them well. If it's to go on a table, glue a piece of felt on the bottom to prevent scratching, once everything else is wired on. The look changes completely with different choices of ribbon, candles and ornaments.