Professional training in London and 13 international cities info@llmi.uk

Professional training course · AGRC-029

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
  • 15Upcoming dates
  • 7Cities
  • £2,840Fees 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

  1. 1Day 1: Capital Project Risks
    • Why projects fail
    • Project life cycle
    • Audit timing
    • Assurance models
    • Stakeholders
    • Case study: Project overrun
  2. 2Day 2: Approval and Governance
    • Investment approval
    • Business cases
    • Governance structures
    • Stage gates
    • Benefits
    • Workshop: Business case review
  3. 3Day 3: Procurement and Contracts
    • Tendering
    • Contract types
    • Variations
    • Claims
    • Contractor payments
    • Exercise: Contract audit
  4. 4Day 4: Cost and Schedule Control
    • Budgets and forecasts
    • Earned value
    • Schedule review
    • Change control
    • Reporting
    • Lab: Cost analysis
  5. 5Day 5: Completion and Review
    • Commissioning
    • Close-out
    • Post-implementation review
    • Lessons learned
    • Reporting
    • Capstone: Project audit plan

Schedule

Dates and fees

15 upcoming dates in 7 cities. Fees are per delegate; bring colleagues and every seat is discounted.

All dates as PDF
November 2026
16NOV 16 - 20 Nov 2026Mon to Fri · 5 daysNext session
France flag ParisFrance · Classroom
£4,500per delegate2+ people: £3,600 each
December 2026
7DEC 7 - 11 Dec 2026Mon to Fri · 5 days
Germany flag MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
21DEC 21 - 25 Dec 2026Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
January 2027
11JAN 11 - 15 Jan 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
February 2027
8FEB 8 - 12 Feb 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
March 2027
8MAR 8 - 12 Mar 2027Mon to Fri · 5 days
Germany flag MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
April 2027
12APR 12 - 16 Apr 2027Mon to Fri · 5 days
South Africa flag Cape TownSouth Africa · Classroom
£2,840per delegate2+ people: £2,272 each
May 2027
10MAY 10 - 14 May 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
June 2027
14JUN 14 - 18 Jun 2027Mon to Fri · 5 days
France flag ParisFrance · Classroom
£4,500per delegate2+ people: £3,600 each
July 2027
12JUL 12 - 16 Jul 2027Mon to Fri · 5 days
Germany flag MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
August 2027
9AUG 9 - 13 Aug 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
September 2027
13SEP 13 - 17 Sep 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
October 2027
11OCT 11 - 15 Oct 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
November 2027
8NOV 8 - 12 Nov 2027Mon to Fri · 5 days
Germany flag MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
December 2027
13DEC 13 - 17 Dec 2027Mon to Fri · 5 days
Austria flag ViennaAustria · Classroom
£4,250per delegate2+ people: £3,400 each

Questions

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.

How much does the course cost?

Fees start from £2,840 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.

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