One of the areas of a project that can be audited regards finances or accounting. Another important area to audit is procurement.
A project audit provides an opportunity to uncover the issues, concerns and challenges encountered in the execution of a project. It affords the project manager, project sponsor and project team an interim view of what has gone well and what needs to be improved with the project to successfully complete it. 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. This review will provide an opportunity to learn what elements of the project were successfully managed and which ones presented some challenges. This will help the organization identify what it needs to do so that mistakes are not repeated on future projects.
A good audit report is usually detailed. It covers all the areas of a given company. It also points out some of the flaws in its report.
Some key project retrospective questions to consider for evaluating the success and areas of improvement in a project include: What were the project goals and were they achieved? What went well during the project and why? What challenges were faced and how were they overcome? Were project timelines and budgets met? How effective was communication among team members? What lessons were learned that can be applied to future projects? What areas could be improved for better project outcomes in the future?
Some important post mortem project questions to consider for evaluating the success and areas of improvement in a completed project include: What were the project's original goals and objectives, and were they achieved? What were the key successes and accomplishments of the project? What were the major challenges and obstacles faced during the project? How effectively was the project managed in terms of budget, timeline, and resources? What lessons were learned from the project that can be applied to future projects? How well did the project meet the needs and expectations of stakeholders? What areas of the project could have been improved or done differently? What feedback was received from team members and stakeholders about the project? What recommendations can be made for future projects based on the outcomes of this project? Overall, how would you rate the success of the project and what improvements can be made for future projects?
A concurrent safety audit is a safety audit performed at the same time as some other activity, often a financial audit.
Audit is not necessary for all companies, in some countries the small companies are exempt from audit.
audit committees, through their planning, reviewing, and monitoring activities, can recognize potential problem areas and take corrective action before problems that affect companies' financial statements and other financial disclosures arise.
Risk Management, Communications Management, Schedule Management
An audit is considered a risk assessment, therefore these terms are interchangeable. And audit plan can have various meanings, some consider this to be an annual audit plan which includes all the audits that will occur within a companies calendar year. Others consider this to be the plan for undertaking a specific audit. Its all in how you define the words, audit plan, audit schedule, audit check list.
In some cases the night staff in a care setting can conduct the monthly audit, but in some cases they may only be allowed to audit the night portion.
In a care setting it is usually faculty that does the not night audit, but in some cases the night staff does perform the monthly audit.
A related discipline would be something separate that in some way interacts with the discipline in question. Example: If you are applying for a job as a Project Manager, a related discipline may be Human Resource management or IT if they pertain to what you would be doing as a project manager. Experience in these areas can be helpful, but are not necessarily required in your role as a Project Manager, making them "related disciplines" in cases where they are relevant.