Construction projects represent some of the most significant and high-profile expenditures that an educational institution can make. To address the risks of project overruns, fraud, and abuse, institutions must effectively leverage their skills and resources, including internal audit.
This webinar describes how internal audit shops of all sizes can successfully participate in pre-construction planning activities to help mitigate financial, operational, and compliance risk for the institution. We discuss the construction lifecycle and owner’s responsibilities, including those of the owner’s representative, architect, construction manager, and compliance and audit personnel.
Attendees should be able to do the following upon conclusion of the webinar: