Thanks, in part, to the fallout from the financial scandals of Enron, WorldCom, Tyco and others, the corporate spotlight is being refocused on the audit function. However, by waiting until systems are live and in production before applying an audit regimen, you may miss an excellent opportunity to establish effective controls at the outset, when the enterprise software is being implemented. Read on to learn where and how, as an executive sponsor, project manager, or team member, you can instill audit procedures that can continue throughout the life of the software.
life cycle phases scm
principle of a project''s life cycle, considerable prep work is needed. Getting everyone acquainted with the requirements of the Act and making sure that projects are in compliance is no simple task. Be advised, it will not happen overnight. Consequently, an education and training process must be completed so that everyone is in agreement and on the same sheet of music. This mission should be undertaken as you would for any project but with special emphasis placed on securing a high profile executive to