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Frequency of use of auditing in projects. Source: Authors, (2021).

Frequency of use of auditing in projects. Source: Authors, (2021).

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Figure 1: Benefits of Construction Audit. Source: Modified from [4].
Figure 3: Frequency of use of auditing in projects. Source: Authors,...
Figure 4: Construction audit a project control tool. Source: Authors,...
Respondents and organisation profile.
Construction audit-an essential project control function
Article
Full-text available
  • Feb 2022
Construction projects are known to overrun their budgets and schedules, poor quality of works, wastages, loss of value and experiences increase in financial frauds. Construction audit is a critical tool for the control and monitoring of frauds and other corrupt practices. The failure of construction organisations to recognise how critical auditing...
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... further shows the consciousness of stakeholders in the construction industry to key project resources under control and proper management. This report supports the finding in figure 3 above. ...

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Citations

... al. [33] ▪ Create awareness, develop skills, integrate knowledge, upgrade technicality, increase profitability, and productivity and improve an organization's working environment. ▪ Help organizations and the industry develop a control system to save costs on future projects in the country. ...
Technical Audit in Egyptian construction sector and unethical practices at pre-contract stage
Thesis
Full-text available
  • Jan 2025
In the past few years, Egypt has witnessed massive development in the construction industry, especially national mega projects. With this rapid increase in the number of publicly funded construction projects and their differences in terms of geographical nature, method of contracting, budgets, etc., many misconducts and unethical practices have entered the construction industry, such as bribery, fraud, collusion, and many other forms of corruption. The main motive for this study is to promote technical auditing in the Egyptian construction industry, especially in government projects. This study focuses on the most common unethical practices conducted by different construction professionals at the pre-contract stage for public-funded projects in the Egyptian construction industry. It also examines the role of technical auditing in combating such practices and introduces measures to reduce the impact of those practices. A deductive methodology was used for collecting and analyzing quantitative and qualitative data. The study results indicated that the top-ranked unethical practices by owners and bidders were disclaiming liability for nominated subcontractor mistakes and submitting an unbalanced bid, respectively. Additionally, the top-ranked procedures to counteract these practices were adopting and applying the technical audit concept for governmental projects. Also, case study approach was used to allow for an in-depth exploration of realworld instances of misconduct. The study recommends that construction project organizations should take steps to minimize or eliminate unethical practices. These steps include valuing whistleblowers, developing a code of ethics for construction companies, implementing a mechanism to reward and penalize compliance with the ethical code, and considering ethical practices when awarding contracts.
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