What lesson are learned by HBC from LA Prep project

Question 1 (5 marks, 500 words maximum)
Does HBC have sufficient budgetary controls in place to inform management how the project is running versus budget, both in time and money? Explain your answer.
Question 2 (15 marks, 1500 words maximum)
From the short-term and long-term financial and non-financial perspectives of HBC, was the LA Prep project a success?
a. If so, how did you make that determination? Please explain.
b. If not, where and why did the project fail? Please explain.
(Please note that questions a. and b. above are not mutually exclusive. So, please answer both)
c. Who in the HBC should get the accolade or is/are held responsible/accountable for the project’s success and/or its failure? Explain your answer.
Questions 3 (5 marks, 500 words maximum)
What lessons are learned by HBC from the LA Prep project?
Important presentation requirement:
Please note that this is a case study assignment. Therefore, you are required to answer the case questions directly that is, write the case questions first and then provide your answers below each of the case questions. Answers provided by not using the above-mentioned presentations and submission requirement (e.g. answers received in essay format with no direct answers to questions) will be penalised for not complying with submission and presentation requirement.
Please note that a 30% penalty on the total available marks will apply for not complying with one or more of the submissions and presentation requirements which also include the answers’ word limit requirements. Please see the unit outline for other submission and presentation requirements.

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