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What Are the Steps in a Project Audit

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What are the steps in a project audit?

Identify the difference between an offer to form a contract and other pre-contractual statements.
Recognize the elements necessary for an effective offer.
Distinguish between offers and invitations to negotiate or bid.
Understand the conditions under which an offer can be revoked or rejected.

Definitions:

Abilities

The skills, talents, or competencies a person has, which they can use to perform tasks or jobs effectively.

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