The Book describes the Risk, Uncertainty and Crisis events in a construction project which makes the construction industry vulnerable to frauds and corruption. The Tax payers (Users of the asset created by project) may suffer a lot as they will not get the value for money invested in the project as occurrence of such event negates the objective of the project. In mega projects, the contractor deploys a number of sub-contractors and engage expert professionals from different countries. They use diverse supply chains including procurement of equipment & materials even from foreign countries.
As per Global Economic Survey 2014, economic crime is a major issue of concern for Engineering & Construction Industry. Assets misappropriation, bribery & corruption, wilful faults in accounting and misuse of Human Resources are some of the most common type of frauds which may be seen in the construction industry.
In this book, necessity of Technical Auditing of the Construction projects in various stages of the project has been described to curb the menace and malpractices effectively. The book deals with the basic guidelines for Technical Auditing of the Construction project in various stages of the project.
Hopefully, the book will be beneficial for both the working Civil Engineering Professionals as well as for the students.
