Project Plan for Whitbread World Sailboat Race The following paper analyzes the Whitbread World Sailboat Race case scenario presented at the end of chapter 9 in the Gray and Larson text‚ Project Management: the Managerial Process. The project encompasses two main objectives; one‚ design‚ build and test a new vessel‚ and two‚ select and train a crew capable of winning the race. Both objectives must be completed within 45 weeks‚ the start of the race‚ and with a planned budget of $3.2 million.
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Phoenix Terry Norris January 20‚ 2008 Project Plan for Whitbread World Sailboat Race This paper analyzes the Whitbread World Sailboat Race case scenario presented in chapter 9 in the Gray and Larson text‚ Project Management: the Managerial Process. The Whitbread World Sailboat Race is a nine month round the world race. Bjorn Ericksen has been chosen by his country to head up the project of getting a boat and a team ready for the race. The objectives of the project are to design‚ build and test
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Project Plan for Whitbread World Sailboat Race Project Plan for Whitbread World Sailboat Race The Whitbread World Sailboat race will start in 45 weeks‚ and Bjorn Ericksen‚ the master helmsman‚ has that much time to build a new vessel and test it‚ to recruit the racing crew and train it. This project is to be managed with a budget of $3.2 million. Managing this project successfully first requires to analyze Ericksen ’s strategy‚ including his chief design engineer and his master helmsman ’s
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Running head: PROJECT PLAN FOR WHITBREAD WORLD SAILBOAT RACE Project Plan for Whitbread World Sailboat Race Joel Johnson University of Phoenix Project Plan for Whitbread World Sailboat Race The Whitbread World Sailboat Race‚ now called the Volvo Ocean Race requires teams to work together to sail around the world taking on many known and unknown challenges. The race itself is only one part of the challenge. The ability for the race team leaders to deliver a professionally designed boat and
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Running head: PROJECT PLAN FOR WHITBREAD WORLD SAILBOAT RACE Project Plan for Whitbread World Sailboat Race Adrian D Brown University of Phoenix Project Plan for Whitbread World Sailboat Race In several months from now‚ on a misty spring morning the waters around London will be invaded by sleek designs of the latest sailboats technology has to offer. Approximately 14 countries will converge on the United Kingdom to participate in the Whitbread World Sailboat Race. One of the teams to participate
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Project Plan for Whitbread World Sailboat Race Commitment to a success is very important to an organization or team. The project leaders need to work closely with each other and team members. Leaders need to offer the best cooperation to the project courses and to be very flexible to adapt the changes in order to succeed. Many factors contribute to the ultimate success. However‚ the most important thing is the establishment of the project plan‚ which should be well analyzed‚ developed‚ and
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What’s brewing at Whitbread? In the annual report for 1999/2000 Whitbread Plc reported a total turnover of £2.9 billion with operating profit of £332 million. The sale of beer‚ one of seven business units‚ accounted for approximately 38% of turnover. Other important revenue was generated by closely allied businesses such as pubs and restaurants. Ten years later and the Annual Report of 2009/10 showed a markedly different company. Total revenue was £1.44 billion and‚ despite a 250 year history
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some projects offer flexibility with its time duration‚ however the one involving this race lacks that luxury. In the case of Whitbread World Sail race‚ the project manager‚ Bjorn Ericksen‚ is challenged to meet the deadline with a fixed budget. The objective of the project is to build a top-of-the-line boat with the latest technology capable of winning the race‚ while finding and training a crew for the race. The entire project must be completed in 45 weeks (255 days) and cost no more than $3.2
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because it was the year that Whitbread began to plan for its compliance with new rules on tied houses set down by the British government’s Monopolies and Mergers Commission (MMC). After an investigation into the system of tied houses that had been created from the numerous mergers in the brewing industry in the 1960s and 1970s‚ in early 1990 the MMC ordered brewers with more than 2‚000 pubs to sell or lease half of the number greater than 2‚000‚ meaning that Whitbread would have to do so with about
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4006BUSBM Management and Finance Whitbread PLC ID - 490537 Joe Nicholson 27/02/2012 Contents Title | Pages | Financial Ratios | 3 | Executive Summary | 4 | Introduction | 4 | Significant changes affecting financial performance | 4-5 | Profitability | 5 | Liquidity | 5-6 | Efficiency | 6 | Financial Structure | 6-7 | References/Bibliography | 7 | Financial Ratios: (sourced from Fame database) 2009
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