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A technical audit is an audit performed at a company or manufacturer where the auditor, engineer or subject matter expert (SME) evaluates deficiencies or areas of improvement in a manufacturing process, system or proposal.
EXAMPLES:
A technical audit of a proposal would include an engineer or SME's evaluation of the work to be performed in that proposal. The SME would draw conclusions by evaluating the proposal and the work outlined in that proposal. The SME would identify deficiencies in the process or areas of improvement in that process that would increase efficiency, reduce hours or reduce the cost of that proposal.
A technical audit for a company performing research and development (R&D) the auditor or SME would evaluate the projects being performed and identify deficient areas in the projects or deficient projects themselves. Often times in R&D there is more work than manpower and projects can be prioritized or eliminated to increase production and reduce (or maintain) manpower.
A technical audit of a manufacturer would include an engineer or SME's evaluation of manufacturing processes or systems used at a manufacturer to manage the production line. The SME would identify losses or other areas of improvement in the production line that would increase efficiency and as a result reduce cost.
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