Exam 12: Project Auditing

Research by Walker et al argues that __________ is essential for management's ability to assemble information that is both timely and accurate.

Which of the following is not one of the top three project success factors, from a project manager's perspective?

The __________ dimension of project success includes factors relating to opening a new market, developing a new line of products or services. Alternatively, if an internal project, success factors include developing new technologies, skills, or competencies.

If a detailed audit cannot be completed because the auditor does not possess the technical knowledge needed, a __________ audit is required.

The stated project objectives, including customer satisfaction, are part of the project's __________ goals

Contact between the a/e team and the __________ are not made without clearance from senior management.

Discuss the differences between a project audit and a financial audit.

__________ is one of the four dimensions of project success, and is focused on meeting both the budget and schedule established in the project plan.

Project morale may suffer if the project audit report is not written with a __________.

__________ is defined as a standard for performance, commonly established early on for later comparisons.

In order for an audit/evaluation team to be conducted with skills and precision, all of the following conditions must be met, EXCEPT __________.

A major vehicle for evaluation is the __________, which is a more or less formal inquiry into any aspect of the project.

The __________ section of the audit report should contain a review of major risks associated with the project and their projected impact on project time/cost/performance.

In the Future Project Status section of the audit report, no assumptions should be made about __________ that are still under investigation at the time of the audit.

The __________ section of the audit should be reported as of the time of the audit. It should contain the following measures of performance: cost, schedule, progress, and quality.

__________ tries to capture the essence of project successes and failures so that future projects can benefit from past experiences.

The __________ goals are usually not overtly identified..

__________ appraises the progress and performance of a project compared to that project's planned progress and performance, or compared to the progress and performance of other, similar projects.

If the audit report is to serve as a communication device, there must be a __________ for such documents.

The value of project audits/evaluations conducted during the post-project stage will depend on the __________ to future projects.