Running head: PROJECT PLAN FOR WHITBREAD WORLD SAILBOAT RACE
Project Plan for Whitbread World Sailboat Race
Jerry
University of Phoenix
Project Plan for Whitbread World Sailboat Race
This paper will analyze the Whitbread World Sailboat Race project. This project’s main objectives for completion are twofold. The first objective is to design, build, and test a racing sailboat prior to the start of the race. The second objective is to select and train a crew capable of winning the race. Both objectives must be completed within 45 weeks, before the start of the race, and make the planned budget of $3.2 million. This will entail developing a project plan that allows for the timely completion of the project.
“The nine-month epic is a multi-million dollar investment for competing teams and a 32,700-mile challenge for those sailors courageous enough to face the world's most dangerous seas in state- of-the-art 65 ft. racing sailboats. "This competition is unique to sports and to sailing itself. While there are breaks -- the race legs are hotly contested and each boat runs at maximum speed for the duration of each segment. That means 24- hour racing, regardless of weather, crew condition or other factors. This is team racing at its best that requires endurance and strength, with every leg counting as much as the next for the overall win. It's the Formula One championship of the yachting world," said Thomas Anderson, Executive Vice President, Marketing, Volvo Cars North America, LLC” (Business Wire, 2001).
The project plan did meet the budget requirements but did not meet the timeline requirements. At 50 weeks, the budget estimates are showing under target budget at $2, 990 million. Erickson and his t ...