Project and Contracts Auditing & Risk Assurance

Project auditing and risk assessment generates chances for organizations to analyze the concerns, issues and difficulties that come during the execution of the projects. This provides a comprehensive understanding to all the concerned parties about what has been done well in a project and what should be analyzed. Project review is the best tool to analyze the components of a project which have been effectively working or aspects in which difficulties are being experienced. This helps organizations to avoid the errors and mistakes in future activities.

By going through this course, participants will be able to figure out how to conduct in-depth audit, what components of a project ought to be evaluated and how to create and provide details on audit findings.

Project managers, engineers, external and internal auditors, project risk managers, audit and risk managers, managers of compliance, finance directors, heads of project financing/financial controllers, procurement and contract managers, engineering managers, heads of risk assessment and internal control, operational risk managers and quality assurance managers.

IKL Certificate

UUnderstanding Project Risk

• What is risk?
• The major project risks
• The 10 golden rules of project risk management
• Risk identification and evaluation
• What is risk based audit?
• Risk and project audit

Auditing Projects and Contracts

• Strategic audit planning
• The project RBA approach
• Auditing contracts
• Auditing JV’s and partnership contracts

Auditing Major Projects

• Steps in a major project audit
• The project in progress
• Cost control and accounting
• Handover and post audit
• IT projects
• Other projects

Institute of Knowledge and Leadership (IKL) has emerged on the global map of learning, talent development and executive education as a highly advanced and qualified training platform. IKL is based in Dubai and serves prominent clients from across the MENASA region.

The distinctive factor about IKL is its significant, highly qualified and skilled pool of global trainers, primarily equipped with state of the art training methods and techniques coupled with the passion to share knowledge and to co - create a value proposition with organizations and their teams. IKL has trainers across the globe from 25 nationalities, over 200+ knowledge areas, and with a cumulative training, knowledge creation, sharing, and dissemination experience for over 1000+ years with over 2 million participants globally.