Advisory Services
Project Audits
Project Planning Services
Coaching
Business Process Documentation & Reengineering
An audit is an independent evaluation of a process, enterprise, or project. Most projects will experience surprises through the full project life for various reasons like change of requirements, change in scope, cost overruns, insufficient planning, cumbersome government approvals etc. A project or project management process audit can help identify reasons for project stalling or failure or document the results and processes used for a successful project which can be replicated in the future.
Procept’s experienced project auditors can point out potential problems and suggest corrective actions giving the project manager or the sponsor the opportunity for proactive action before project performance degrades. Early detection of problems in projects can help keep costs under control and a project on schedule.
Projects audits can be performed in the middle of the project as a regular health check to understand the current state of a project and increase the probability of project success. Or, an audit can be performed on a completed project to document and understand what went wrong (or what went right) for future projects. Procept can also audit project management processes used throughout an organization to identify what works well and what needs improvement.
Depending on the project size and range of the analysis, the duration of an audit can range from 5 days to several months, with costs starting from $10,000.
Procept’s generic methodology for conducting Project Management Audits involves:
- AUDIT PROGRAM PREPARATION
This step involves studying the background information and determining the client’s objectives for the audit.
- INFORMATION GATHERING
This step involves collecting data surrounding the project. The methods of information gathering may include - review of project documents, interviews, focus groups sessions, online questionnaires, etc.
- DATA ANALYSIS AND FINDINGS
We perform analysis on the collected data to identify trends, causal relationships and correlations. The data is summarized discussing the implications and draws comparison between the actual vs. required actions.
- CONCLUSIONS AND RECOMMENDATIONS
We summarize the findings and data analysis, and provide a list of recommended actions for immediate and long term improvements in a draft report, which is reviewed with the client.
- FINAL REPORT
The final report and presentation incorporates management’s response to the draft report.
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