Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Auditing Projects, Project Management and Project Risk Course

By: Newways Consulting

Abuja FCT, Nigeria

07 - 10 Nov, 2023  4 days

Follow Event


NGN 215,000

Get 5.00% off

Venue: Abuja

Project audits can help identify when a project is about to go off-course. In addition, a project audit can provide the following benefits:

  • Improve project performance.
  • Increase customer and stakeholder satisfaction.
  • Save costs.
  • Control scope and avoid scope creep.
  • Provide early problem diagnostics.
  • Clarify performance/cost/schedule relationships.
  • Identify future opportunities for improvement.
  • Evaluate performance of the project team.
  • Inform client of project status/prospects.
  • Reconfirm feasibility of/commitment to project.

The benefits of project audits become especially evident in large organizations running large projects. Multi-million dollar projects can easily derail due to poor management techniques causing the investors millions of dollars. In this scenario, the cost of not performing periodic project audits can be much higher than the cost of performing it. Multiple audits, perhaps one per phase, are recommended for large projects.

Failure of a project can have a massive impact on an organisation's reputation and the confidence of its stakeholders. Understanding the dynamics of complex projects is a challenge to every audit team. This course gives a good introduction to projects and project risk for any auditor.

Who should attend?

This course is open to all and is intended for auditors who are less familiar with project auditing.

What will I learn?

Upon completion you will be able to:

  • Understand the language of projects and programmes
  • Review the roles and services that support programmes and projects
  • Understand project decision making and different approaches to managing projects
  • Evaluate the risks associated with projects and programmes
  • Plan for project and programme audits using realistic engagement strategies
  • Execute a variety of project audits at the beginning, middle and end stages of project and programmes.

Course outline

The basics – managing successful projects and programmes

  • The vocabulary of projects, key roles and key governance structures
  • Project management methods ranging from the formal to the informal, from waterfall to agile
  • Can all projects be executed using the same approach?
  • Project diversity – different project management approaches depending on the nature of the project
  • How projects and programmes put organisations at risk.

Auditing projects overall

  • The auditor’s involvement in projects – driven by risk
  • Allowing for the project team’s approach – formal or agile?
  • A multi-audit requirement.

Project initiation – what can be reviewed?

  • How projects are initiated
  • Good and bad business cases: the tangible and intangible; costs and benefits
  • Key targets, critical success factors and indicators
  • Project plans: the slim and the detailed, what might be vital?
  • Auditing project plans – what can i do look at?
  • I only have limited resources – what could i look at?
  • I have more time – what could i look at?

Teams and people – what can be reviewed?

  • Risks associated with speed of working, amount of work and stress
  • Risks related to communication and quality
  • Auditing people factors – does culture and behaviour matter, do i comment?

Projects going adrift – what can be reviewed?

  • Risk management within and between projects
  • Better risk registers
  • Dealing with expanding time and costs
  • Dealing with change and quality management
  • Plan reassessment and reappraisal
  • Auditing mid-stage projects – are targets being met?
  • Auditing mid-stage projects – what decisions are being made?
  • Auditing mid-stage projects – why are these choices being made?

Projects: testing, rollout, and completion – what can be reviewed?

  • Testing and acceptance – what is critical?
  • Rollout what are the choices?
  • Auditing end-stage projects – are we operationally ready?
  • Auditing end-stage projects – are controls embedded in the structure?
  • Auditing end-stage projects – can we deal with contingency?

Benefit and outcomes – what can be reviewed?

  • Checking benefits and outcomes
  • Deciding on project contributions
  • Measuring success and failure
  • Post project reviews and lessons extraction
  • Auditing – post-implementation – did we achieve what we set out to do?
Abuja Nov 07 - 10 Nov, 2023
NGN 215,000.00(The program fees covers tuition, Course Materials, Tea/Coffee Break, Lunch, Bag, Certificate of participation and administration)
USD 600.00(The program fees covers tuition, Course Materials, Tea/Coffee and Break, Lunch, Bag, Certificate of participation and administration)
(Convert Currency)

Dr Chris Egbu +2348023194131

Organizations sponsoring two staff will get 10% discount, Three - Five will get 15% discount, Six - Ten will get 20% discount and Payment before two weeks to event date attracts 5% discount. You can also consider the option of having this training in-house or online at 40% discount and 5 free e-books

Related Courses

Strategic Leadership and Team Building Course Strategic Leadership and Team Building Course

5 days, 23 - 27 Oct, 2023 

2023-10-23 12:10:00 2023-10-23 12:10:00

Newways Consulting

Organizations worldwide have moved to team-based work solutions. Receive a road map for greater employee innovation, team empowerment and productivity throughout your entire organization. Find out ...

Mastering Inventory Management: Strategies for Optimal Control and Cost Efficiency Mastering Inventory Management: Strategies for Optimal Control and Cost Efficiency

3 days, 12 - 14 Dec, 2023 

2023-12-12 12:12:00 2023-12-12 12:12:00
Lagos State, Nigeria

Newways Consulting

This workshop covers the principles of inventory management, including how to optimize inventory levels, manage inventory costs, and implement effective inventory control strategies. By the end of ...

Marine Pollution Management Fundamentals Course Marine Pollution Management Fundamentals Course

4 days, 24 - 27 Oct, 2023 

2023-10-24 12:10:00 2023-10-24 12:10:00
Lagos State, Nigeria

Newways Consulting

Considering increasing marine environment protection imperatives, an updated and global understanding of the marine pollution problem, as well as enhanced awareness of management systems should be a ...

Managing the Risk of Extreme Events and Disasters Course Managing the Risk of Extreme Events and Disasters Course

4 days, 05 - 08 Dec, 2023 

2023-12-05 12:12:00 2023-12-05 12:12:00
Lagos State, Nigeria

Newways Consulting

The notion of extreme risk and the extreme events that might arise from these risks is a theme that runs through several of the natural and social sciences. Prominent examples include earthquake, ...