Eng. Tech. Management: Project Management 2025

A project audit is a formal review of a project, often intended to assess the extent to which project management (a)   are being upheld.

The three main roles involved in project audit are:

• Project auditor(s)

• Project team

• End Users

• Organization board/audit committee

• External Contractors

Following are the objectives of the project audit except for:

• Ensure the quality of products and services

• Ensure the quality of project management

• Learning / Experience

• Identify the business risk

• Reduce project performance

Audit mission statement should clearly define the purposes, objectives, authority and limits of the audit operation, as well as the (a)   to be conducted.

During a recent financial review, Suri was curious about the audit process and asked her team, 'How many steps are involved in the audit process?' As a member of her team, please help answer her question.

• 4

• 5

• 6

• 7

• 8

Explain what a post-audit is.

What is project evaluation?

• Project evaluation is a non-systematic and objective assessment of an ongoing or completed project.

• Strategy used to determine the success and impact of projects, programs, or policies.

• Project evaluation is a systematic and objective assessment of an ongoing or completed project.

• Project evaluation is a non-systematic and non-objective assessment of an ongoing or completed project.

Project evaluation principles includes:

• Seek to improve performance

• Contribute to organizational learning

• Build relationships with stakeholders

• Concentrate solely on income

• Share project participation

During a recent project management workshop, participants discussed various types of project evaluation methods. However, one of the following options does not belong to the list of recognized evaluation types. Can you identify which one it is?

• Post-project evaluation

• Pre-project evaluation

• Ongoing evaluation

• External evaluation

• Project Planning

What are the key advantages of conducting a project evaluation?

• Tracks team performance

• Highlights the areas that need improvement

• Measures the tangible impact of the project

• Time-Consuming Process

• Sharpens the planning process based on past evaluations