Project Management
Answers
Project audit is an assessment of the project management processes and control systems which monitors the progress of a project and ensures that it is being completed as planned. It can include checking budgets, resources, contracts and quality standards. Performance measurement control systems monitor the performance of a project's goals and objectives over a given period of time. It tracks performance against key performance indicators (KPIs) such as customer satisfaction, cost, quality and delivery. Performance measurement control systems can be used to compare a project's performance against industry benchmarks and to identify potential areas of improvement.