1. Describe the difference between a process and a project. List three risks that are similar to

and three risks that are unique from each other.

2. What are the five phases of projects? List three operational audit steps for each of them.

3. Explain the triple constraints model and its implications for effective project management.

4. Describe three audit procedures related to each of the three triple constraints model elements.

5. What is the CPM and why should PMs use one during their projects?