Project Management

How does the project audit differ from the performance measurement control system?

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.

Answered by Jodi Mills

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