Here's a nice little activity that extends over several days, builds lots of skills (such as fine motor, creativity, and cause and effect!) and is just plain fun :)
We used the awesome book Mudworks by Mary Ann Kohl to create a batch of dough for making beads...
Once our dough was just right, we rolled it into various small shapes.
We poked holes into the dough shapes with the ends of thin paintbrushes:
We had to wait several days for the dough beads to dry, but when they were finally ready, we painted them. Then, when the paint was dry we strung our beads onto string and made bracelets and necklaces!