PROJECT ASSURANCE FOR INTERNAL AUDIT TEAMS
Project Assurance that exposes risk before risk exposes you
Proteus Project Assurance for internal audit moves beyond traditional, resource-intensive approaches focused on compliance. We harness the power of data from over 45,000 project audits to:
> Reduce project review times by weeks
> Increase the predictability of project success
> Become viewed a valued partner in driving organisational change
TRUSTED BY INTERNAL AUDIT TEAMS WITHIN:
Internal Audit Challenges vs the Proteus Solutions
Current challenges facing
Internal Audit teams:
A one-size-fits-all approach. Standardised methods or controls fails to account for the varying levels of risk associated with different types of projects
Negative interactions. Interactions with programme teams tend to be defensive, and attempts to control project and programme teams often fail.
Limited capacity. Teams are unsure which initiatives require their focus most. Often only projects known to be in trouble are reviewed.
Root causes are not addressed. Thousands are spent on large consultancies to provide 2nd or 3rd line assurance, yet root causes are not addressed.
Lack of insight. Unsophisticated approaches lead to lack of insight and stakeholders don’t get the insight needed to make safe decisions.
Late recommendations. Audits take too long to execute. They tend to go too deep and narrow instead of quickly getting to the root causes.
Adherence to controls. Too much focus on adherence to controls and gathering evidence. Needs to shift from controls and process to focus on outcomes and exposure.
With Proteus Project
Assurance you get:
Tailored benchmarking Our approach enables you to break free from rigid frameworks, using insights from 45,000 project audits to shape your approach.
A path to becoming trusted advisors. We guide you in building positive relationships, transforming how project teams perceive and engage with you.
Smart prioritisation and focus. Tools and methods to help you assess more projects quickly, focusing time where it's needed most.
Deep expertise that uncovers real issues. Go beyond surface-level checks to identify and address the fundamental challenges impacting project success.
Actionable recommendations. Mixing expert analysis with advanced analytics gives you clear insights that drive meaningful change.
Timely insights that make a difference. Our approach helps you deliver recommendations when they can still impact project outcomes.
A shift from compliance to true project health. Focus on outcomes and organisational success, moving beyond mere control adherence to assess what really matters.
Watch the webinar:
Powering the Evolution of Internal Audit
In this 30-minute recording, Proteus MD Alex Corbett discusses how data-driven project assurance is transforming Internal Audit's role in managing complex organisational change.
We explored the changing landscape of large-scale projects and transformation and its implications for Internal Audit teams.
Proteus Project Assurance in Action
How Independent Project Assurance
Saved a Multinational Media Company's Global ERP Programme
How We Work With Your Team: Three Delivery Options
Partnership
package
Co-sourced Project Assurance
We augment your inhouse internal audit capability to provide a variety of project assurance and advisory services through a combination of Proteus delivery specialists and proprietary tools
Procured on a project-by-project basis.
Partnership
Plus
Co-sourced Project Assurance PLUS licensed solutions
Your internal audit team uses Proteus Project Health Workshops to provide advisory assurance for much of the portfolio, managed through our project assurance platform. For high-risk projects, Proteus enhances internal audit capabilities with independent assurance and advisory services, using specialists and proprietary tools
Annual subscription plus services
Proteus-Powered
In-house Capability
Licensed solutions with capability building and support
We enhance your internal audit team's project assurance capabilities using the Proteus Assurance platform, providing licenses, training, and support
For complex, high-risk projects, Proteus or other third parties supplement your team with independent assurance services
Proactive Project Assurance for Progressive Internal Audit Teams
The evolution of Internal Audit
Innovative Project Assurance isn't just about faster audits - it's about redefining the role of internal audit.
The Proteus approach enables your team to predict outcomes, diagnose issues, and provide strategic guidance that resonates in the boardroom.
Better data without the disruption
Project Health Clinics enable internal audit teams to provide advisory services across the portfolio, enhancing their strategic value.
Triage Reviews deliver independent project assurance in just 2-3 weeks with minimal disruption to stakeholders.
One solution, multiple delivery options
Recognising the diverse needs of internal audit teams, Proteus Assurance is available in multiple delivery options.
We can work with you on a co-sourced basis, provide licensed solutions and even support full internal audit capability building, including a comprehensive training programme based on 25 years of client engagements.
Download the brochure
Read how we can help your organisation increase project success rates, reduce risk exposure, and drive real business value through effective change management.
Don't be exposed: get ahead with intelligent Project Assurance.
Drop us a message and we'll get in touch for an initial discussion.
