![[Webinar] 4 Common Misconceptions about Construction Audits](https://www.prgx.com/wp-content/uploads/2025/06/construction-webinar-1-scaled-e1750705844456.jpeg.webp)
Keith Hosmer, Sr. Director Audit Operations, PRGX
Original broadcast July 10, 2025
The webinar titled “Why Every Construction Project Needs an Audit—Including Yours” was moderated by Chrissie Buchanan with Keith Hosmer presenting. Keith emphasized the importance of proactive audits, debunking misconceptions that audits are only necessary when issues arise. He underscored that even well-managed projects can have hidden inefficiencies and financial inaccuracies. The discussion also highlighted the burden on project managers, suggesting that audits support them by managing complex financial data, which ensures smoother project execution. Audits were presented as collaborative tools that strengthen contractor relationships by clarifying documentation requirements and payment processes. Keith addressed questions about general conditions, savings from audits, and the importance of auditing smaller projects, with case studies showcasing successful outcomes. The session concluded with a final Q&A with insights on common issues in data centers, differences between union and non-union labor, the average savings and timelines for a construction audit, as well as how to keep up with General Conditions costs.
📑 Slides & Web Links
Please find the included full slide deck and supporting materials to help you take the next step in improving cost transparency in your construction projects: