Definitions for "Performance audit"
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
Keywords:  arsenal, auditor, tool, added, new
a new tool about to be added to the auditor's arsenal