Assignment 1: Selecting Projects         
January 5, 2018
Liam Henby, a financial analyst working for Delta Company, has developed an excellent investment proposal that his boss, the VP of Finance, wishes him to analyze. The VP also wants Liam to recommend whether the company should proceed with the project. The VP will take this recommendation to the company’s CEO. Liam has approached you to help him complete the task.
January 5, 2018

From the Meredith and Mantel textbook, (Project Management: A Managerial Approach)

Unit VIII Case Study

From the Meredith and Mantel textbook, (Project Management: A Managerial Approach). Review Chapter 12, Project Auditing, Theater High Altitude Area Defense (THAAD): Five Failures and Counting (B) Case Study, pp. 541-543. Once you have reviewed the case study, write a minimum of 600 words in length defending your responses to the following questions.

 Do you think this was a financial audit, a project audit, or a management audit? Why?

 Was the purpose of the audit to exert cybernetic control, go/no-go control, or postproject control? Explain?

 Given the comments in the case, do you surmise that the reason for the audit was to improve future projects or to ascertain the reasons for not meeting the project’s goals, and if the latter, its direct goals or ancillary goals?

 Do you think the GAO was the best choice for an audit team? Would it have the trust of the project personnel?

 Given the minimal elements of a project audit present in Section 12.2, which element(s) would have been primary to the audit team? Why? Which section would have contained the “underlying problems” reported in the case?

Your assignment must:

 Be a minimum of 600 words in length


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