Exam 12: Project Auditing

The __________ is a thorough examination of the management of a project,its methodology and procedures,its records,its properties,its budgets and expenditures,and its degree of completion.It may deal with the project as a whole,or only with a part of the project.

Which of the following is NOT a project audit life cycle event?

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

The __________ section of an audit report contains a description of the project to provide a framework of understanding for the reader.Project objectives are clearly delineated.

Postcontrol cannot change the past,but it tries to capture the essence of project successes and failures so that future projects can benefit from past experiences.The PMBOK refers to this as

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 __________ dimension of project success is measured primarily in terms of the level of commercial success and market share.For internal projects,however,the factors might include such measures as yields,cycle times,processing steps,quality,and so on.

Two of the most common limits on the depth of an investigation and level of detail presented in an audit report are __________.

Identification of the ancillary goals of a project requires __________ because; for the most part the goals were not overtly identified.

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

__________ appraises the progress and performance of a project compared to its planned progress and performance or to the progress and performance of other similar projects.

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