To ensure that all project information records are accurate and up-to-date, the following information validation processes are
Question:
To ensure that all project information records are accurate and up-to-date, the following information validation processes are implemented: 1. Data Collection - All project-related data will be gathered and stored on a shared drive. 2. Data Verification - Members of the project team will review and confirm the accuracy of all project data on a regular basis, such as monthly or quarterly. 3. Data Validation - Before sharing project information with stakeholders, the project manager will review and validate all data to ensure that it is accurate and up-to-date. 4: Data Storage- All project information will be stored in a secure and accessible location, such as a project management software or a shared drive.
How was the process implemented? How is the validation of information monitored? What is the process for modifying the process? What controls are in place to ensure information validation is kept up-to-date with company and external requirements?
Accounting Information Systems
ISBN: 978-1133935940
10th edition
Authors: Ulric J. Gelinas, Richard B. Dull