How to audit a construction project?

1. Establish project expectations and objectives.
2. Develop an audit plan to identify potential risk areas.
3. Perform pre-construction site visits for due diligence and confirm compliance with requirements.
4. Track contractor performance against contract specifications.
5. Monitor adherence to safety protocols and applicable local regulations.
6. Review and evaluate change orders and schedule variations.
7. Investigate complaints from contractors, stakeholders and other involved parties.
8. Identify cost overruns and delayed milestones.
9. Examine project management and accounting processes.
10.Monitor contractor payments to ensure timely disbursements.
11.Conduct interviews with management, project staff and other relevant personnel.
12.Develop a comprehensive audit report and make recommendations for improvement.