L6M5 practice question 7 of 15

What is the purpose of a Project Audit? Answer Options:

Full set: 83 questions
Answer options
A: To ensure the budget is managed effectively
B: To assess project requirements
C: To present findings to senior leadership
D: To review financial and performance status after completion Correct answer
Correct Answer:
D. To review financial and performance status after completion
Explanation

A Project Audit (p.141) occurs post-completion to assess: Financial health Performance evaluation Lessons learned It is not a planning tool (Option B), nor is it for active budget management (A) or solely for senior leadership (C). [P.141]

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