Conceptually closer to evaluation than traditional audit, performance audit is strongly concerned with questions of efficiency (of an intervention's direct outputs) and good management. Performance audit and evaluation share the same aim of improving the quality of programmes, but evaluation goes much further. It also looks at issues such as sustainability, relevance and the longer-term consequences of a programme. See also audit, evaluation.
A systematic process of objectively obtaining and evaluating evidence regarding the performance of an organization, program, function, or activity. Evaluation is made in terms of its economy and efficiency of operations and effectiveness in achieving desired goals. The performance audit function provides an independent review of management’s performance and the degree to which actual performance meets pre-stated goals. Refer to AUDIT.
an independent review of your sampling and laboratory methods, conducted by someone who is familiar with your project but is not a part of your day-to-day project team
An appraisal of how effective a particular activity is in carrying out the organization's policies and procedures. May cover any activity within a department, division, or local area and is usually performed by persons independent of the organization. Can also be a review of a program to ensure that it is achieving its objectives (effectiveness) and is doing so at a reasonable cost (economy and efficiency).
audits designed to examine management practices, controls and reporting systems of government programs. Performance audits do not question the merits of government policies or programs; rather they examine how well the policies and programs were managed and implemented.
An independent examination of how economically, efficiently and effectively the audited body has carried out its tasks
Performance audit refers to an examination of a program, function, operation or the management systems and procedures of a governmental or non-profit entity to assess whether the entity is achieving economy, efficiency and effectiveness in the employment of available resources. The examination is objective and systematic, generally using structured and professionally adopted methodologies. Results and findings are stated in terms of yardsticks derived from the entity’s mission, vision, values or goals, or metrics based on these.