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Discussion Board: Describe a typical monitoring and control process in project management. Which parameters in project management would you monitor continuously? Also, discuss how project managers can monitor project risks.
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 post project 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.
Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment (Unit VIII Case Study), the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
