Best Practices on Projects Auditing and Business Requirements:

Introduction:

This course is introduced to you by the International Academy of Human Resources Development (IAHRD). Our courses are specially designed to meet your needs, explained to you by experts with a long experience in the field.

Auditing in the field of projects management is highly recommended, so acing the process of auditing is invaluable. You will be introduced to the areas of auditing and how to deal with each area in order to mitigate the potential risks that mat arise.

This training course is designed to be interactive and to give delegates the opportunity to discuss their issues in an open atmosphere. The course includes exercises, discussions and case studies to reinforce the messages.

Objectives:

After attending this course, participants will be able to:

1. Identify, mitigate and control project risks effectively
2. Understand the benefits of proactive risk-based audit of key projects.
3. Audit major projects including JVs with confidence.
4. Apply proven techniques with high confidence to ensure that more projects meet their agreed objectives

Content:

Module 1:

1. Different definitions for the word "project".
2. What do we mean by projects management?
3. The nature of projects and their importance to companies.

Module 2:

1. What do we mean by "auditing"?
2. What are the objectives of auditing?
3. Project management audit requirements.
4. What is project audit?

Module 3:

1. What do we mean by a risk?
2. Taking a deep look at projects risks.
3. Common mistakes to avoid in projects management.
4. Goldenrulesto follow in the field of project management.

Module 4:

1. Following a risk based audit approach.
2. Risk and project audit
3. The project Risk Based Audit (RBA) approach.
4. What are the scopes of auditing?
5. The importance of auditing contracts.
6. The importance of procurement auditing.
7. Auditing joint ventures (JVs) and partnership contracts.

Module 5:

1. What about the cost control and accounting?
2. Handover and post audit.
3. Audit of other projects
4. IT projects
5. Auditing outsourced IT contracts.
6. Case study 1.
7. Case study 2.
8.  

Who Should Attend?

1. Heads of Audit, Audit Managers and Senior Auditors
2. Project Managers and Program Managers
3. Auditors responsible for undertaking project audits assignments
4. Other professionals who need to understand the risks impacting complex projects
5. Managers and Directors of business functions – to aid their knowledge of a risk-based audit approach to projects.
6. Interested candidates.