Estimation forecasting and auditing correlations

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Reference no: EM1363638

Cost estimation, forecasting and auditing correlations

The importance of auditing often goes undervalued in many of today's struggling organizations. The appropriate amount of energy has not been applied in checking for accuracy. This causes a miscalculation in the forecasting, leading to poor results. Often times, people are given too much credit for completing the work correctly, therefore there exists a strong need for the auditing process. Do you think that it is possible to analyze the correlation between time spent auditing and achieving better results?

Reference no: EM1363638

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