The University of Idaho has sponsored entries in the Collegiate Design Series Clean Snowmobile Competition since 2001. Over this period our teams have won several first place awards and are annually competitive in nearly all dynamic and static events. This paper examines key principles from the project management and knowledge management literature that are appropriate for student-led competitions. Special emphasis is given to implementing these principles with a team composition consisting of students at multiple levels in their academic study (underclassmen, seniors, and graduate students). A variety of high-impact methodologies/tools are described along with our local implementation. These include (1) a year-long special topics course sequence (for students at all levels in multiple disciplines) on vehicle design realization/testing, (2) networking with alumni/faculty/staff to validate and resource yearly objectives, (3) student-authored sub-system design guides and wikipage references for common testing procedures, (4) a regularly updated Gantt Chart/Action Register for communicating as well as managing weekly activity, (5) an extended design report editing and review process that engages on-campus authors with alumni industry, and (6) a user-friendly file management system located on a shared drive. Effectiveness of each of these tools is assessed using survey feedback from current and past team members, many now employed in the automotive/motorsports industry. Our outcomes and survey findings are compared to those reported by Formula Hybrid teams in project management presentations in a variety of on-line videos. Recommendations are made for a formal project management/knowledge management component to the Clean Snowmobile Competition.