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Independent Assurance

An internal review of major change programmes within an international bank revealed that all programmes that had some form of independent review process embedded in the programme's management approach had a status of green. i.e. The programmes were on track with no significant risks or issues outstanding that might de-rail the project. All other programmes (i.e. those without any independent review process) were either amber, some issues to be addressed, or red, requiring urgent management attention.

Properly constituted, the role of Independent Assurance can be a powerful aid to successful delivery. It should not be seen as 'the auditors checking up on the project manager and his team' but as a bridge between the project manager and the Project Board. On the one hand providing help and advice to the project manager and on the other providing assurance to the Project Board that progress is as reported.

At TCL we have extensive experience of undertaking project reviews, providing advice and guidance to projects and setting up Assurance functions. In addition we offer an outsourced Independent Assurance service. To download a brochure describing our Independent Assurance services please click here.

 

 

 

 

 

 

 

 

 

 

 

 

NEC, Birmingham

25th-26th March 2009

 

 

Transformis Consulting Ltd  -  Registered in England  -  Company number 4730429. Registered Office: 1 High Street, Knaphill, Woking, Surrey GU21 2PG.

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Last modified: 03-11-2008