Procurement audits

Below are the description of all the uses of the working document “Procurement audits”:

“Procurement Audits” is a tool/technique for the process “Close Procurements “.
A procurement audit is a structured review of the procurement process originating from the Plan Procurement Management process through Control Procurements. The objective of a procurement audit is to identify successes and failures that warrant recognition in the preparation or administration of other procurement contracts on the project, or on other projects within the performing organization.

This definition was found in the PMBOK V5

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