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Audits
Audits are independent examinations to determine whether processes and procedures achieve the specified objective. They are an essential tool to identify problem areas. Audits are conducted to access the progress of a project. Regular auditing is done to ensure that the project's outcome is in par with the project objectives. Using a standard assessment tool to asses a project may not provide accurate results because many teams and organisational resources will be involved in the execution of a project. Project management auditing is an honest assessment of individual and team performances and their ability to achieve both short-time and long-time targets.
Q. Why do projects always seem to cost more than expected? In general this seems to stem from three causes. The first may merely be an overly optimistic cost estimate. Sometime
explain dimensions for project manager.
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