For the person who has to sign, a psm audit is a list of things to check and a number of days to check them in, and the second is decided by the first long before anyone opens the list. For a business holding its systems to a control framework, the checks run over the controls, the tests, the vulnerabilities, the incidents and the access reviews; every item is a sample to take, minutes to spend and a chance of a gap that costs hours to close. The compliance officer who works those figures before the audit is scoped budgets the audit and its aftermath together; the one who does not learns the aftermath's cost from the invoice. This page walks what a psm audit covers, how to size its days, its expected gaps and its all-in cost, and where the free sheets on this site do that sizing from the program's own numbers, with no account.
What a psm audit covers
For a business holding its systems to a control framework: the controls, the tests, the vulnerabilities, the incidents and the access reviews. Each is a control with evidence behind it, and a checklist is the list of controls with a sample size and a minutes-per-sample figure attached whether or not anyone wrote them down. The audit scope sheet on this site takes systems, controls, samples and minutes and returns the samples, the hours, the days and the coverage the days available give, so the checklist has a size before it has a date.
What the rule requires of a psm audit, and the two reports to keep
The process safety management standard sets this out directly: the employer certifies it has evaluated compliance with the standard at least every three years, the audit is conducted by at least one person knowledgeable in the process, a report of the findings is developed, the employer promptly determines and documents an appropriate response to each finding and documents that deficiencies have been corrected, and the two most recent audit reports are retained. Four of those five are paperwork a register produces as a by-product; the one that costs real time is the documented response to each finding.
Gaps, remediation and the all-in cost
An audit finds gaps at a rate the last audit already measured, and every gap costs remediation hours. The audit sheets on this site for HIPAA, GDPR and PCI, and the IT control-testing sheet for a framework, take the item count, the gap rate, the hours per gap and the hourly cost and return the gaps expected, the remediation hours and the cost with the aftermath in it. For IT compliance the sheet to start with is the IT control-testing sheet. None of them publishes a benchmark rate; each works the program's own.
Why the search is psm audit
The words in psm audit are the words a business holding its systems to a control framework uses when the obligation has a name and the program does not yet have a number. The name is the regulator's, linked below; the number is the program's own, and it is the count of obligations, controls and evidence items behind IT compliance turned into reviewer hours on the obligations register sheet and into audit days on the audit scope sheet. A program that searches psm audit and comes away with those two figures has done the first day of the work, and the paid plan on this site keeps what follows: the record, with owners, dates and the attestation that closes each period.
What to do with the number
Take it to the budget conversation and to the consultant's proposal. A proposal whose audit days land far from the sheet's is sampling more or less than the program needs, and a budget that covers the assessment and not the remediation is half a budget. The guide this page supports covers the questions for a regulatory compliance consultant. Attestvio Pro keeps every audit with its findings and their remediation against the obligations it tested; the sheets stay free.
Questions people ask about psm audit
How long does a psm audit take?
Items times minutes over 60 for the hours, over the hours in an audit day for the days: the audit scope sheet on this site works it from your own systems, controls, samples and minutes with no account, and publishes no benchmark.
What does a psm audit cost all in?
Assessment hours plus the expected gaps times the remediation hours per gap, times the hourly cost. The audit sheets on this site work it from your own gap rate; the worked examples run from $8,800 to $19,720 for the sizes entered.
Does Attestvio run the psm audit?
No. Attestvio sizes it and keeps the findings and their remediation against the obligations; the audit itself is your assessor's or your own team's. The sheets are free either way.