Description: Project auditing is a formal and systematic examination of a project aimed at evaluating its compliance with established standards and overall performance. This process involves reviewing the planning, execution, and outcomes of the project, ensuring alignment with the organization’s strategic objectives. Project auditing not only focuses on verifying compliance with requirements but also seeks to identify areas for improvement and lessons learned that can be applied to future projects. Key characteristics include objectivity, independence, and thoroughness, allowing auditors to provide an impartial and detailed assessment. The relevance of project auditing lies in its ability to enhance transparency, improve risk management, and optimize resource use, thereby contributing to the overall success of the project and stakeholder satisfaction. In an increasingly complex and competitive business environment, project auditing has become an essential tool for ensuring that projects are executed efficiently and effectively, meeting established timelines and budgets.
