
- 204 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
Construction Audit is becoming more and more prevalent, and organizations are appreciating its importance. Learning the basics of construction auditing can provide valuable knowledge and skills for professionals and students in the construction industry, offering insights into financial management, risk mitigation, compliance and overall project oversight.
This book is not just for auditors, however. It could be used by project managers, integrity monitors, construction managers and anyone else who wants to understand the elements that go into creating a successful project. Legal teams involved in contracting and overpayment recovery will also benefit.
This book:
- Walks you through all phases of construction, starting with project inception. It will guide the reader through all the processes and the risks in each of these.
- Will guide the reader through the many challenges they will face throughout the life of the project. This book provides real-life solutions to common problems in construction.
- Introduces project management techniques; while not concentrating on a special methodology, the book builds on project management fundamentals. Understanding this will help enable the reader to talk to project managers more effectively.
- Defines the components of a successful project and gives the reader the tools needed to ensure these components.
- Uses real-life examples of control breakdowns, errors or fraud.
- Will help readers build an audit strategy and plan by understanding risks and effective controls that can be implemented to mitigate risk.
Whether tackling your first project or your 21st project, this book will help you think outside the box and understand the finite processes and pieces of your project. There is always room for something new, new perspectives or improvement, and this book will help you find it.
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Information
Table of contents
- Cover Page
- Half Title page
- Series Page
- Title Page
- Copyright Page
- Disclaimer
- Contents
- About the author
- Introduction: Construction audit basics
- Chapter 1 Types of construction
- Chapter 2 General risks
- Chapter 3 How construction audit is different from other audits
- Chapter 4 Delivering a construction audit
- Chapter 5 Pillars of success
- Chapter 6 Phases of construction projects
- Chapter 7 Location and benchmarking
- Chapter 8 Conflicts of interest
- Chapter 9 Project appraisal
- Chapter 10 Investment decision-making
- Chapter 11 ESG and construction
- Chapter 12 Building the construction team
- Chapter 13 Common procurement risks
- Chapter 14 How project procurement can be different
- Chapter 15 Contracting
- Chapter 16 Contracts
- Chapter 17 Earned value management
- Chapter 18 Inventory controls
- Chapter 19 Safety and site rules
- Chapter 20 Daily foreman reports
- Chapter 21 Perimeters and cameras
- Chapter 22 Safety and safety equipment
- Chapter 23 Budgets and budget reporting
- Chapter 24 Month-end reporting
- Chapter 25 Walkthroughs and inspection
- Chapter 26 Insurance
- Chapter 27 Labor and professional fees
- Chapter 28 Payments and payment auditing
- Chapter 29 Change orders and auditing change orders
- Chapter 30 Special considerations
- Chapter 31 Special types of construction
- Chapter 32 Procuring equipment from abroad
- Chapter 33 Construction fraud and considerations
- Chapter 34 Closing thoughts
- Index