Auditing Of Projects & Contracts
| 13 – 17 Jan. 2025 | Abu Dhabi | 03 – 07 Nov. 2025 | Dubai | 03 – 07 Nov. 2025 | Abu Dhabi |
Course Objectives:
By the end of this course, participants will:
1.Understand the principles and methodologies for auditing projects and contracts.
2.Learn to identify risks, inefficiencies, and compliance gaps in project and contract management.
3.Develop skills to evaluate project performance against budgets, timelines, and deliverables.
4.Gain proficiency in auditing contract terms, procurement processes, and vendor management.
5.Enhance the ability to prepare actionable audit reports with recommendations for improvement.
Course Syllabus:
Day 1: Introduction to Project and Contract Auditing
1.Understanding Project and Contract Auditing
2.Audit Planning for Projects and Contracts
3.Legal and Regulatory Frameworks
4.Workshop: Developing an Audit Plan for a Project or Contract
Day 2: Auditing Project Management Processes
1.Project Governance and Controls
2.Auditing Project Budgeting and Cost Management
3.Schedule and Milestone Auditing
4.Case Study: Analyzing a Real-World Project Audit Report
Day 3: Auditing Contracts and Procurement
1.Understanding Contract Terms and Conditions
2.Procurement and Vendor Management
3.Fraud and Compliance Risks in Contracts
4.Practical Exercise: Auditing a Sample Contract and Procurement Process
Day 4: Risk Management in Projects and Contracts
1.Risk Identification and Assessment
2.Auditing Risk Mitigation Strategies
3.Ethics in Project and Contract Auditing
4.Workshop: Conducting a Risk-Based Audit for a Complex Project
Day 5: Reporting and Continuous Improvement
1.Preparing Audit Reports
2.Presenting Audit Findings
3.Continuous Improvement and Lessons Learned
4.Capstone Project: Conducting a Mock Audit of a Project and Contract
