Description
Project Cost Control and Auditing introduces learners to the principles and practices used to monitor, manage, and evaluate project costs throughout the project lifecycle. The unit covers cost planning, budgeting, cost monitoring, variance analysis, financial reporting, auditing procedures, and cost control techniques. Learners will develop skills in tracking project expenditure, identifying cost deviations, assessing financial performance, and implementing corrective measures. Upon completion, students will be able to apply effective cost control and auditing practices to improve financial accountability and project performance.
