Solutions

Our Audit Model

Elements of Audit

1. Select Parameters as close as possible to the focus areas as identified in scope
2. Limit number of parameters – preferably 1
3. Define Parameters.
4. Design Measurement System
5. Sample calculation
6. Communicate
7. Determine Base Value
8. Track Parameter
9. Sign of Target Value linked to realistic quantifiable expectations
10. Record Achieved Value
11. Calculate Consultant Payment at end of each month
12. Give Draft
13. Handle Differences
14. Fool-proof the process for side effects and the effect of variables not being monitored.
15. Eliminate Risk due to other random events and variations in parameter not under focus
16. Effect of Uncontrollable