Your not expected to know the ins and outs of colorimetry, but it is worthy to state Beer's law (which shows that Absorbance is directly proportional to concentration; A=abc), what a calibration curve is and how you will use it, and perhaps a diagram to show how it works. You will also need to talk about using the complementry colour for the filter.
Additonally, your method needs to be more 'in depth' - I'm assuming your going to test at least 5 known concentrations. What concetrations? What type of pipette are you using? Also, mention about the meniscus and the calibration line but you may have talked about this elsewhere. How will get 0.2g - you need to state this!