swati katba

APresentation

on

Project Audit

En. no: 09

Stream: MAM(Sem-V)

Presented by : Swati k.katba

Submitted to : Heena Ma’am

(Ass.Professor in smt. Shantaben Haribhai Gajera MBA Mahila College) 1

Introduction

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Project Audit

A formal review of any aspect of a project.

An audit is a systematic, independent, documented assessment using standards and set criteria.

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Purpose & Goals

• Customer impact/satisfaction

• Business/direct success

• Future potential

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The Project Audit- Approach• The main purpose of an audit is to help achieve

the goals of the project

• All facets of the project are studied

• The strengths and weaknesses are identified

• Recommendations are prepared to help current and future projects

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Project auditing

• Project auditing can be defined as the process of detailed inspection of the management of a project, its methodology, its techniques, its procedures, its documents, its properties, its budgets, its expenses and its level of completion.

• Project auditing can help you assess the current state of a project, and tells you if your project management processes are being followed.

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benefits

• A project audit provides an opportunity to uncover the issues, concerns and challenges encountered in the execution of a project.

• If done at the close of a project, a project audit can be used to develop success criteria for future projects by providing a forensic review.

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Depth of the Audit

• Time and money limit the depth of an audit

• Audits are distracting to those working on the project

• A poor audit result will lower morale on the project

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Types of Audits• General Audit

• Detailed Audit

• Technical Audit

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Timing of the Audit

• All significant projects should be audited

• Larger projects may be audited several times

• An audit may also be conducted after the project is over (post-project audits)

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Audit Information1. Introduction

2. Current status

3. Future project status

4. Critical management issues

5. Risk management

6. Caveats, limitations, and assumptions11

Responsibilities of the Project Auditor • Be honest and ethical

• Be independent

• Tell the whole truth

• Seek help for technical issues

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Conclusion

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Bibliography• http://www.bia.ca/articles

• http://projektmanazer.cz• http://www.projectauditor.com

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