| Internal Audits | External Audits |
| First Party Audits | Third Party Audits |
| Aimed at Process Maturity | Earning accreditation from Audit agencies |
| Scopes 100% coverage | Sampling audits on few projects |
| Findings reported on all life cycles and phases | Focused on few selected areas |
| Auditors have good grip of the project, organization and customers and hence findings can prove very beneficial in improving process maturity | Auditors do not have full grasp of the organization and the findings will be based on standard’s recommendation, Industry best practices |
| Brings about vertical process yields | Introduces new process paradigm based on Industry standards and can provide substantial benefits if Auditors have good domain experience |
| Takes a longer cycle time from scheduling to closure | Very effective performed within 2 to 3 days in all respects |
| Senior management does not take results very seriously | Senior management is very keen on the results |
| Help project management team for managing the projects | Helps senior management, sales teams with an edge when looking out for prospective clients |
| Done based on internal QMS | Performed based on International standards |
| Conclusion : It is best to use the reports of the findings of both internal audits and external audits to develop a health mechanism that can continuously monitor the health of the Projects across the organization | |
Filed under: Quality
