Which of the following controls would an internal auditor consider the most relevant to reduce risks of project cost overruns?

Question

Jay Fletcher · Accepted Answer

There is a formal process to monitor the status of the project and compare it to the cost baseline

Jay Fletcher · Answer

Scope change requests are reviewed and approved by a manager with a proper level of authority.

Jay Fletcher · Answer

Cost overruns are reviewed and approved by a control committee led by the project manager.

Jay Fletcher · Answer

There is a formal quality assurance process to review scope change requests before they are implemented

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