Read article: Value Added Auditing – Greg Hutchins

https://insights.cermacademy.com/2973/

Why This Matters: Value Added Auditing is also called Risk Based Auditing or Risk Assurance. Value Added Auditing is the last course in our CERM(R) certificate program. Value Added Auditing is a key Project Risk Management process. You can think of it as closing out the ISO 31000 framework.

Value Added Auditing consists of 1. Audit management; 2. Audit Planning;; 3. Conducting the Audit (Fieldwork);; and 4. Reporting the Audit.

Project Question: Do you do risk based auditing in your projects? Why? Or, why not?

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