Capital Projects and Capital Expenditure: Risk and Control Matrix (Excel)
68 controls (46 key) for 12 objectives and 19 risks, each with walkthrough questions, evidence to ask for and test steps.
Risk Control Matrix · editable Excel · 3 sheets · ₹149 / $1.49 · lifetime access, up to 5 downloads
This matrix covers capital projects and capital expenditure from proposal to completion: policies, project risk and feasibility, segregation of duties, budgets and return on investment, buy-versus-lease decisions, tendering and award of contracts, contract terms and guarantees, project insurance, owner-supplied materials, imported plant and machinery, receipt and inspection, stock and reconciliation of site materials, trial runs and installation, capitalisation and the fixed asset register, statutory approvals, project scrap, bill certification and payment, final settlement, project MIS, and disposal of assets. For every control you see what good looks like, whether it is preventive or detective, manual or automated, how often it runs and whether it is a key control, plus the walkthrough questions, evidence to request and steps to test it. Record what you find, the control owner and any gap in the same sheet: the Summary sheet counts effective, partly effective and ineffective controls by objective as you go. Written so that an auditor new to the process can use it, and detailed enough for experienced reviewers. Editable Excel.
What's inside
- Read Me: how the matrix is laid out and how to use it in an audit
- Risk-Control Matrix: 12 objectives, 19 risks and 68 controls (46 key)
- Each control: type, nature, frequency, key or supporting, and how to evaluate it
- Columns for your response, evidence seen, control owner and gap / action
- Summary sheet: results by objective, updated automatically
Topics: Capital Projects · Procurement
Learn it on video
- Worked Example: How to Evaluate Procurement Controls with the RCM (12 min)
- How to Link Risks to Controls: The Risk and Control Matrix (RCM) (12 min)
- How to Describe Controls in the RCM: Method, Type, Frequency and Test Procedure (8 min)
- How to Test Controls (2): Test of Operating Effectiveness (7 min)
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