Management and auditing of construction project, which is a certain trend of management development of modern construction project, is a new theory in audit practicing of construction project and an effective way to work out at the highest degree the returns on construction project investment, improve construction project management performance levels, avoid at the highest degree redundancy of construction projects and eliminate waste of resources. This essay points out the importance of the use of management auditing in construction projects based on the analysis of disadvantages in conventional construction projects management. And it builds up frame for management auditing of construction projects, puts forward performance evaluation methods of management control auditing.
Predictable Forward Performance Processes: The Binomial Case