Effective Project Audit Implementation: Quality, Cost, Procurement Management

Why Should You Attend:

Projects, as implemented in both public and private sectors, typically involve high levels of expenditure in order to achieve business objectives which will drive the organization for a considerable period in the future. Failure at any stage of a project can result in under-accomplished objectives and unachieved goals. An audit during the project life cycle can make a significant contribution to the achievement of management goals if it is carried out in an appropriate manner.

This course will discuss the significance of an effective audit implementation at various stages of project development. It will provide attendees an understanding of how to develop an effective project audit program and how to report the results.

Areas Covered in the Webinar:

This webinar will cover the following topics:

• Defining the Project
• Scope Management
• Time Management
• Cost Management
• Quality  Management
• Auditing the Project Process
• Contracts and Procurement Management
• Project Auditing
• Choosing the Projects
• Deciding Audit Involvement
• Developing the Audit Program
• Reporting the Results
• Follow-up

Who Will Benefit:

The webinar will be beneficial for the following personnel involved in the management and control of project functions within an organization.

• All project professionals and auditors interested in the field of Project Auditing
• Managers responsible for the achievement of Project Objectives in the Public and private Sectors

Instructor Profile:

Richard Cascarino, is the Principal of Richard Cascarino & Associates, a highly successful audit training and consultancy company based in Colorado and Johannesburg. He is a regular speaker at National and International conferences and has presented courses throughout Africa, Europe, the Middle East and the USA. Richard is a Past President of the Institute of Internal Auditors in South Africa and also a member of ISACA and the Association of Certified Fraud Examiners.

Richard was a member of the Audit Committee of the Department of Public Enterprises in South Africa and chairman of the Audit Committee of Gauteng cluster 2 (Premier's office, Shared Services and Health). He is the author of the "Auditor's Guide to IT Auditing" and the newly released “Corporate Fraud and Internal Control: A Framework for Prevention” both published by Wiley Publishing which is also used by universities worldwide.

Topic Background:

Project delivery is a difficult process unless you understand and manage the problems with project scheduling, cost and time management. An effective project audit at different levels of the project life cycle will help to determine the true state of the project and the methods for successful delivery. From the audit perspective, early intervention will typically result in a greater likelihood of the implementation of effective control structures ensuring operational effectiveness of completed projects.

An audit conducted midway through the project will help the project team to understand what has gone well as well as what needs to be improved for its successful completion. An audit, done at the close of a project can be helpful to develop success criteria for future projects.

Follow us :