It's easy to knit (just one long stockinette rectangle), easy to finish, and easy to throw on. One size: Poncho: 22 x 50"/56 x 127cm, before folding; Cowl: 24"/61cm around x 8"/20cm tall.
Berroco Aerial + Aerial Color Patterns - Kiania - PDF DOWNLOAD is a similar pattern: knitting, 20 (5 sts. / inch) finished gauge, shawls, wraps, ponchos project, and for women. You may also like SweaterBabe Pattern Collection Patterns - Teagan - PDF DOWNLOAD, which is another similar pattern: knitting, 20 (5 sts. / inch) finished gauge, for women, and sport (23-26 sts/4 in) yarn gauge.
You may enjoy taking a look at the Rowan and Churchmouse Jimmy's Lucky Poncho, and Churchmouse Basic Sock in Two Gauges kits all using Churchmouse Classics Patterns.
Hopefully our suggested yarn options for Welted Cowl & Infinity Loop can help you come up with your next exciting new project idea!