Running a Running a MarathonMarathon

Man VuMan Vu

GBA 573GBA 573

IntroductionIntroduction

Professional goals Professional goals – promotion– promotion

Educational Goals Educational Goals – MBA– MBA

Spiritual Goals – Spiritual Goals – Inner peaceInner peace

Lifestyle goal – Lifestyle goal – travelingtraveling

Project AnalysisProject Analysis

Project Objective – Project Objective – complete a 26.2 mile complete a 26.2 mile circuit while circuit while minimally stressing minimally stressing the body.the body.

Project Scope – Project Scope – entails the entails the equipment, training, equipment, training, and dietary and dietary supplementation supplementation according to training according to training regimen.regimen.

Return on InvestmentReturn on Investment Expected Benefits : Expected Benefits :

$2000 / year$2000 / year Decrease in health Decrease in health

care costs – $500 care costs – $500 (average annual (average annual healthcare deductible) healthcare deductible) -- tangible-- tangible

More attractive More attractive physique – $30 a physique – $30 a week/$1500 year(less week/$1500 year(less drinks to buy at the drinks to buy at the bar) -- tangiblebar) -- tangible

Expected Costs : $865Expected Costs : $865 3 pairs of shoes -- 3 pairs of shoes --

$300$300 5 pair of shorts -- $1255 pair of shorts -- $125 5 breathable running 5 breathable running

shirts -- $100shirts -- $100 1 running club 1 running club

membership -- $50membership -- $50 1 heart-rate monitor -- 1 heart-rate monitor --

$100$100 1 marathon 1 marathon

registration -- $90registration -- $90 Icepacks, ankle wraps, Icepacks, ankle wraps,

misc. etc. -- $100misc. etc. -- $100

ROI cont’dROI cont’d

Using Average Using Average Annual Net Benefit Annual Net Benefit ROI : $2000 / ROI : $2000 / $865 = 231% ROI$865 = 231% ROI

Risk Management Risk Management StrategyStrategy

Risk of not finishing the training:Risk of not finishing the training:

1.1. 60% will finish training and race60% will finish training and race

2.2. 40% will not finish training and race40% will not finish training and race

Marathon

Run (.6)

Don’t run(.4)

Cost$865

Cost$2000

Risk$519

Risk$800

Implementation Method Implementation Method DiscussionDiscussion

Positive Positive reinforcements:reinforcements:

If complete If complete marathon will marathon will reward self with trip reward self with trip to South America.to South America.

Tell those around Tell those around you about it so they you about it so they can lend their can lend their support and support and encouragement.encouragement.

Negative Negative reinforcements:reinforcements:

Write $100 check to Write $100 check to the Republican Party the Republican Party which will be sent if which will be sent if race is not race is not completed.completed.

Purchase ticket and Purchase ticket and hotel reservations hotel reservations which are non-which are non-refundable.refundable.

Final AnalysisFinal Analysis Ultimately, project Ultimately, project

evaluation will hinge on evaluation will hinge on whether or not the whether or not the participant crosses that participant crosses that yellow line at the 26.2 yellow line at the 26.2 mile marker. mile marker.

Though the training in Though the training in and of itself will provide and of itself will provide a plentitude of benefits, a plentitude of benefits, the final measure of the final measure of success will be the final success will be the final lunge across the finish lunge across the finish line. line.