Auditing projects and project risk *updated*
November 20 @ 9:00 am - November 21 @ 5:00 pm GMT
One event on 20th March 2019 at 9:00 am
One event on 1st July 2019 at 9:00 am
One event on 20th November 2019 at 9:00 am
One event on 23rd March 2020 at 9:00 am
One event on 11th May 2020 at 9:00 am
Failure of a project can have a massive impact on an organisation’s reputation and the confidence of its stakeholders. Understanding the dynamics of complex projects as they move forward, is a challenge to every audit team. This course provides an introduction to auditing projects, auditing project management and auditing project risk for any auditor new to the subject.
Who should attend?
This course is open to all.
What will I learn?
Upon completion you will be able to:
- Understand the language of projects and programmes;
- Review the roles and services that support programmes and projects;
- Understand project decision making and different approaches to managing projects;
- Evaluate the risks associated with projects and programmes;
- Plan for project and programme audits using realistic engagement strategies; and
- Execute a variety of project audits at the beginning, middle and end stages of project and programmes.
The course is accompanied by an indexed manual that contains course text, examples and practical work.
The basics – managing successful projects and programmes
- The vocabulary of projects, key roles, and key governance structures
- Project management methods ranging from the formal to the informal, from Waterfall to AGILE
- Can all projects be executed using the same approach?
- Project diversity – different project management approaches depending on the nature of the project
- How projects and programmes put organisations at risk
Auditing projects overall
- The auditor’s involvement in projects – driven by risk
- Allowing for the project team’s approach – formal or Agile?
- A multi-audit requirement
Project initiation – what can be reviewed?
- How projects are initiated
- Good and bad business cases: the tangible and intangible; costs and benefits
- Key targets, critical success factors and indicators
- Project plans: the slim and the detailed, what might be vital?
- Auditing project plans – what can I do look at?
- I have limited resources – what could I look at?
- More time? What could I look at?
Teams and people – what can be reviewed?
- Risks associated with speed – the amount of work and stress
- Communications and quality
- Auditing people factors – does culture and behaviour matter, do I comment?
Projects going adrift – what can be reviewed?
- Risk management within and between projects
- Better risk registers
- Dealing with expanding time and costs
- Dealing with change and quality management
- Plan reassessment and reappraisal
- Auditing mid-stage projects – are targets being met?
- Mid-stage projects – what decisions are being made?
- Auditing mid-stage projects – why are these choices being made?
Projects: testing, rollout, and completion – what can be reviewed?
- Testing and acceptance – what is critical?
- Rollout what are the choices?
- Auditing end-stage projects – are we operationally ready?
- End-stage projects – are controls embedded in the structure?
- Auditing end-stage projects – can we deal with contingency?
Benefit and outcomes – what can be reviewed?
- Checking benefits and outcomes
- Deciding on project contributions
- Measuring success and failure
- Post project reviews and lessons extraction
- Auditing – post-implementation – did we achieve what we set out to do?
Presented by: Mindgrove Ltd
Duration: Two full days
All the courses in this section are created, designed and presented by the staff of Mindgrove UK.