Quality audits are activities associated with verification methods such as inspection or examination to ensure process, requirements, standards compliance, and performing activities within the governance model/limits. Audits are an important way of ensuring efficiency and independent inspections of processes from time to time. Audits are of various types and may be full-fledged i.e. across the organization, or limited to a particular process, project, or department.  Audits are classified as:  Process Audit -  Product Audit  System Audit  Audits – both internal and external assess the effectiveness as well as efficacy of the processes and help get rid of redundancies, complacencies and bottlenecks. They increase productivity in the organization to result in higher product/service output, reduction of errors or waste, and optimum utilization of resources.