Auditing Projects and Capital Expenditure (AGRC-029) Training Course

Auditing Projects and Capital Expenditure

Capital projects consume large budgets and often overrun on cost and schedule. Internal audit can add significant value by providing assurance before, during and after…

5 daysClassroom or online

15Upcoming dates

7Cities

£2,750Fees from

Course overview

Why Attend

Capital projects consume large budgets and often overrun on cost and schedule. Internal audit can add significant value by providing assurance before, during and after project delivery.

This LLMI course covers auditing capital investment approval, project governance, business cases, procurement and contracts, cost and schedule control, change management, contractor claims, commissioning and post-implementation reviews. Participants develop a project audit approach.

The course suits auditors and project assurance professionals.

Course Objectives

Assess risks in capital projects

Audit investment approval and business cases

Evaluate project governance and controls

Audit procurement, contracts and changes

Review cost, schedule and claims

Conduct post-implementation reviews

Target Audience

Internal auditors

Project assurance professionals

Project control staff

Finance managers

Audit managers

PMO staff

Course Methodology

Project audit methodology

Case studies

Contract review exercises

Cost analysis

Group discussions

Course outline

1Day 1: Capital Project Risks

Why projects fail
Project life cycle
Audit timing
Assurance models
Stakeholders
Case study: Project overrun

2Day 2: Approval and Governance

Investment approval
Business cases
Governance structures
Stage gates
Benefits
Workshop: Business case review

3Day 3: Procurement and Contracts

Tendering
Contract types
Variations
Claims
Contractor payments
Exercise: Contract audit

4Day 4: Cost and Schedule Control

Budgets and forecasts
Earned value
Schedule review
Change control
Reporting
Lab: Cost analysis

5Day 5: Completion and Review

Commissioning
Close-out
Post-implementation review
Lessons learned
Reporting
Capstone: Project audit plan

Frequently asked questions

How long is the Auditing Projects and Capital Expenditure course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next Auditing Projects and Capital Expenditure course?

The next public date is 16 - 20 Nov 2026 in Paris. There are 15 upcoming dates in total.

Where is this course held?

Upcoming sessions run in Paris, Munich, Barcelona, Amsterdam, London, Cape Town, Vienna.

Can I take Auditing Projects and Capital Expenditure online?

Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,280 per participant. Choose "Live online" in the dates table when you register.

How much does the course cost?

Fees start from £2,750 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Course information last updated 14 November 2026.

Auditing Projects and Capital Expenditure

Course overview

Course outline

Dates and fees

Frequently asked questions

More Auditing and Governance Risk and Compliance courses

Adding Value in Internal Audit

Advanced Project Economics, Risk & Decision Analysis

Advanced Risk, Reliability & Safety Management Techniques

Training a team?