SYMPTOM:
When performing an 'Update Object Deletion' operation in Strategy Enterprise Manager 9.x, the following error message is seen and the operation fails:

Sample Code/Error
The update has failed.
Object variable or With block variable not set
CAUSE:
One possible cause for this error is Enterprise Manager is configured to monitor a project which is not currently loaded on the Strategy Intelligence Server 9.x. The projects currently monitored by Enterprise Manager can be checked in the Enterprise Manager Console under step 2. Configure:

ACTION:
Reset the projects configured to be monitored by Strategy Enterprise Manager 9.x: