CHAPTER 4

Execution: Project Risk Audit

It is a test of true theories not only to account for but to predict phenomena.

—WILLIAM WHEWELL

During the project execution phase, best practices dictate that project deliverables be examined to ensure that they meet the project objectives established during the planning phase. Likewise, management processes should be audited periodically to ensure that they are operating properly. Even the most meticulously planned and managed project can get into difficulty, as every project is an amalgamation of people, processes, and plans in an ever-changing environment. Therefore, monitoring and ensuring the temporal ...

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