Running a Marathon

Running a Marathon Man Vu GBA 573

Introduction • Professional goals – promotion • Educational Goals – MBA • Spiritual Goals – Inner peace • Lifestyle goal – traveling

Project Analysis • Project Objective – complete a 26.2 mile circuit while minimally stressing the body. • Project Scope – entails the equipment, training, and dietary supplementation according to training regimen.

Expected Benefits : $2000 / year Decrease in health care costs – $500 (average annual healthcare deductible) -- tangible More attractive physique – $30 a week/$1500 year(less drinks to buy at the bar) -- tangible Expected Costs : $865 3 pairs of shoes -- $300 5 pair of shorts -- $125 5 breathable running shirts -- $100 1 running club membership -- $50 1 heart-rate monitor -- $100 1 marathon registration -- $90 Icepacks, ankle wraps, misc. etc. -- $100 Return on Investment

ROI cont’d • Using Average Annual Net Benefit ROI : $2000 / $865 = 231% ROI

Run (.6) Cost $865 Risk $519 Marathon Don’t run(.4) Cost $2000 Risk $800 Risk Management Strategy Risk of not finishing the training: • 60% will finish training and race • 40% will not finish training and race

Positive reinforcements: If complete marathon will reward self with trip to South America. Tell those around you about it so they can lend their support and encouragement. Negative reinforcements: Write $100 check to the Republican Party which will be sent if race is not completed. Purchase ticket and hotel reservations which are non-refundable. Implementation Method Discussion

Final Analysis • Ultimately, project evaluation will hinge on whether or not the participant crosses that yellow line at the 26.2 mile marker. • Though the training in and of itself will provide a plentitude of benefits, the final measure of success will be the final lunge across the finish line.

Running a Marathon