The auditor should play an active part in the project-management process and know the various roles and responsibilities. Auditors should understand who is responsible and be able to identify key stakeholders, some of which include the following:
. Senior management—Provides necessary resources to complete project.
. Stakeholders—A person, group, or business unit that has a share or an interest in the project activities.
. Project steering committee—Ultimately responsible. Must ensure that the stakeholders’ needs are met and oversee direction and scope of project. The committee acts as project-oversight board.
. Project sponsor—Works with the project manager to ensure success and is responsible for allocating funding for the project.
. Project manager—Responsible for day-to-day management of the project team.