... practice, guideline and international standard in project management; Advantages of using best practices in project management; Best practices methodologies used today in project management; Comparison ... essential in auditing projects Following international standards will increase the efficiency of the auditing process Figure The advantages of using best practices in project management Since projects ... Initiating, Planning, Executing, Controlling and Monitoring, and Closing The nine knowledge areas are: Project Integration Management, Project Scope Management, Project Time Management, Project...