Construction Audit—An Essential Project Controls Function

摘要

Many construction projects, both publicly- and privately-funded, require that a project audit be performed by an independent party. The audit not only tests the accuracy of invoices and other charges incurred against the construction project, but may include a review of processes used in project management and project cost/ schedule controls, and a comparison of those processes to industry best practices. Thus, the audit function is an essential project controls tool.