procurement audit

Procurement audit happens in Administer or close procurements process?

Am confused..

duongnt's picture

belong to Close procurements. Very important tool

Thanks duongnt.But procurement audit is given under administer procurement too.Is not that actual audit happen  here and documentation part takes place in close procurement?pls correct me.Also how to distinguish this in the question.Any trick?

The audit which takes places in Admnister proc is to review the performance of the seller. It is to see whether everything being done is according to the contract.

Whereas the proc audit which takes place in close proc is to see at what went wrong and right. It is kind of gathering lessons learnt.

This is a very important concept. All the best!!!

Thanks Arun...It really helps..

 one thing more PMBOK says PROCUREMENT AUDIT originate (start) in plan procurement process and run through administer procurement and is a tool of close procurement.

i understand it remains in all 3 processes but purposely it is tool of close procurement.

purposely difference between PA (tool of close procure)  and "Inspection & Audit" (tool of administer proc --purely)  is already defined well by AP