Project Audits

Capital projects can generate significant exposure for a company. There are risks associated with every project — costs rising, project delay and quality – but project auditing provides an incentive to keep the project on track, and to reap the benefits of the exposure.


Benefits of Project Audits

An independent third party audit provides:

  • Reassures management that everything is on track
  • Cost control
  • Highlights potential project creep
  • Highlights compromised or reduced scope
  • Performance check
  • Reinforce project governance
  • Helps with risk mitigation
  • Assess operating budget impact
  • Improving project implementation
  • Reducing the duration of the project to reduce cost overruns

If an audit is performed early in the project process, it can reduce any risk and establish controls by:

  • Improving project implementation
  • Reducing the duration of the project to reduce cost of overruns
  • Realigning compliance and safety
  • Providing a prioritised list of findings to be addressed
  • Realigning projects with business objectives


Businesses want assurances that their project will be successful. When key objectives of a project or programme have been set, you will want to be sure they are achieved. Project auditing helps to ensure this takes place:

  • Financial Management
  • Procurement
  • Claims Management
  • Contractor Progress Reporting
  • Project Management
  • Safety Management

If you wish to have more information we can discuss with you on the full range of project auditing services available that can help with your projects. For practical support and ways to set up your audit processes or to train your staff on how to collect quality metrics to evaluate and monitor projects, please contact us and we’ll be happy to discuss the various options available for you.