Modern Revision

Functional cost and process monitoring during construction a construction project starts with the wishful thinking of a client and ends with the delivery of the finished project to him. Implementing it will require a very complex project and building management are of not only financial, commercial, legal and technical problems to solve, but to coordinate the many stakeholders and to monitor their performance. Builders often delegate their functions, duties and responsibilities and planning services that are required for the construction and construction work whole or in part to third parties. This fall also important control and monitoring tasks. Example: A foreign construction company receives from his architect the template for comprehensive maintenance to a protected object.

The client not is whether he actually needed the scope of renovations and whether the proposed budget is realistic in the clear. Also, he can not judge whether additional risks in the Plans and to addenda are contained in the associated tender documents, and thus lead to substantial overruns of the budget. He appointed a construction auditor to audit the planning documents and asking him for an assessment of the inherent risks. Overview of an anti fraud management system that is not untypical example of the tasks of a construction auditor “, says Josef Fischer, expert on the subject at the AuditFactory. However, the spectrum at a construction review is much larger than the project. For other opinions and approaches, find out what Michael Mendes has to say.

It’s enough risk management up to individual special issues such as tests of internal controls or even claim management of project management.” The working paper audit and consulting services of a modern revision of the construction”describes the eight areas in which regularly emerging risks for the building companies. Tests of internal controls in the construction sector, as well as the fight against economic crime are also focusing on discussed. The paper can be the online presence (* .pdf) are obtained from the AuditFactory. Elmar brother-in-law