Review Project Audit Results
Key Question: How often should I conduct a project audit?
"If you are conducting your first project audit as a reaction to your runaway project, you have been part of the problem. For normal projects, you should conduct an audit at project inception, then once a quarter and then at project completion. For runaway projects, your current audit replaces the project inception audit. Conduct audits every other month until you are convinced the project is back on track. Then you can fall back to the once-a-quarter schedule."
"In any case, there should be a formal project review with the executive sponsor and the senior project management team every month. Remember these audits and reviews are for early problem detection and correction or prevention. Avoid the instinct to use them as weapons of punishment."
The above is an excerpt from a book written by Sanjiv Purba and
Joseph Zucchero, published by McGraw-Hill/Osborne, 2100 Powell Street,
10th Floor, Emeryville, California 94608 U.S.A. Sanjiv has over 20
years of experience managing large projects and many years engaged in
rescuing ailing projects.