Key questions to determine how much confidence to place on a people cost R.E.V.I.E.W.
In previous papers (in the Learning Zone) we have shared tips on how to conduct a robust, risk-based R.E.V.I.E.W on people costs in defined cost contracts. These were aimed at supporting Cost managers or Auditors involved in day to day checking roles.
Several Commercial Directors have asked if we could distil these insights into a single, concise checklist. The handy checklist below does just that. It includes the important questions to ask of a Cost Manager, or other audit provider, to determine how much confidence to place on their findings. We hope you find it useful.