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Construction Audit Guide

I have recently been asked by past seminar attendees how they can get a copy of my book. Please follow the “Books” tab above and choose construction audit guide to purchase it direct from Amazon. While there, please feel free to check out the other helpful resources.

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Location, location, location

Construction audit is an all-encompassing process.  A true audit will look at everything from site selection through to project completion.  An auditor needs to understand the risks that can occur at all phases of the construction life cycle.  Though often times, the focus of many construction audits, payments are not the only areas of risk.  Consideration should be given to all areas.  Site selection is a potentially risky area and an auditor needs to consider the following, top four areas of site risk:

1)   Reputation – a site may be built in a site that has a negative or positive effect on public relations.

2)   Financial – an auditor needs to consider if a fair price was paid for the location.

3)   Fraud – an auditor needs to determine that the site is free from (disclosed or undisclosed) conflicts of interests or title encumbrances.

4)   Resale – Is the location in such a  place where a reasonable expectation of resale can be done at the end of it’s useful life.   (this same risk applied for design as well).

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Six more days

Six more days to register for Introduction to Construction Auditing and get the early registration discount.  Sign up now.

www.auspicium.com/training

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Interesting read on Capital Projects

http://www.professionalriskauditors.com/blog/2010/08/key-success-factors-for-capital-project-audits/

This is a very inspiring and eye open read for anyone interested in controlling their capital projects.  Zoltan mentions the need to have a speciality skilled audit staff.  Auspicium reinforces and teaches those skills.  Two opportunities coming to a city near you in September.  Customized classes can be done on0site as well.

www.auspcicium.com/training

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Early Registration Deadline Extended

Due to the earlier error with registration, we have extended our early registration deadline to September 1.  Register now!  (877) 550-6802.

www.auspicium.com/training

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!!! Correction !!! Telephone/Fax number error !!! Please contact us

It has been recently brought to our attention that the Introduction to Construction Audit Brochures and web site program went out with an incorrect telephone/fax number.

Our correct number is (877) 550-6802.

If you attempted to call us on this number, or fax in your registration (number does not accept faxes), please accept our apologies, and call corrected number.

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Three weeks to go – Register Now

The first Introduction to Construction Audit Class for Crystal City Virginia is just three weeks away.  Sign up now so we can see you there!

http://wwww.auspicium.com/training

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New crane safety regulations take effect in August.

Historic new cranes and derricks rule wil help save construction workers’ lives.
OSHA’s new standard addressing the use of cranes and derricks in construction replaces a decades-old version. The rule, published by the Federal Register on August 9, 2010, will affect approximately 267,000 construction, crane rental and crane certification establishments with about 4.8 million workers.

“The significant number of fatalities associated with the use of cranes in construction led the Labor Department to undertake this rulemaking. After years of extensive research, consultation and negotiation with industry experts, this long overdue rule will address the leading causes of fatalities related to cranes and derricks, including electrocution, boom collapse and overturning,” said Secretary of Labor Hilda L. Solis in a news release. The previous rule, which dated back to 1971, was based on 40-year-old standards. Stakeholders from the construction industry recognized the need to update the safety requirements, methods and practices for cranes and derricks and to incorporate technological advances to provide improved protection for those who work on and around cranes and derricks. “The rule addresses critically important provisions for crane operator certification and crane inspection, set-up and disassembly. Compliance with the rule will prevent needless worker injuries and death, and provide protection for the public and property owners,” said OSHA Assistant Secretary David Michaels. OSHA held a stakeholder Web chat on the new cranes and derricks rule July 28. More than 1,000 members of the public submitted close to 600 questions. A replay of the Web chat is available at www.dol.gov/dol/chat/chat-osha-20100728.htm.
OSHA is developing additional compliance assistance materials and outreach efforts, which will be made available starting next month.

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Early Registration for September Classes

Early Registration for September classes soon expires.  Save $100 of your tuition costs by signing up today!

www.auspiciumco.com/training

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2010 Institute of Internal Auditors – UAE Chapter

In 2008, Denise Cicchella spoke for the IIA – UAE Chapter to teach a four-day seminar on Construction Audit in Dubai.  The respondents were so thrilled and the class was so popular that the 2010 Committee has just invited me to Abu Dhabi for an encore performance.  Stayed tuned to our blog for more information.

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