Major Digital/Technology Transformation? so how can Internal Audit help through Project Risk ServicesLevel: Intermediate
In the new environment of remote work and an ever-changing threat landscape, we’ve seen the incredible surge in digital transformation activities as organizations try to disrupt their norm and find new innovative and more efficient ways to conduct their business. In doing so there is a large level of risk that comes with these transformations. Not only from a financial aspect but more broadly from a reputational, regulatory and other aspects too.
We would like to explore how Internal Audit can work with these project and program teams to be able to address the potential challenges that face these large transformations and implementations. What are these areas of risk that need to be monitored and how do you make sure that the right level of reporting goes to the steering committee. These areas go beyond IT controls and integration controls. Internal audit needs to focus on areas such as:
– Program Governance
– Program management
– Organizational change management
– Performance management