The Benefits of a Third-party Gap Analysis

GAP Analysis Services

Confidence for most Corporate Managers begins with trusting those tasked with company regulatory compliance. Confidence with certainty is a step beyond that, which is often accomplished by adding a fresh set of eyes to assess the program from an outside/audit perspective. PCS offers and performs Gap Analysis services as a cost effective way to provide both confidence and verification to those managing NERC Reliability Standards compliance, as well as to their Corporate Management.

Gap Analysis Services

We can conduct a Gap Analysis of any number of Reliability Standard for your Organization, from one Standard to every Standard applicable to your NERC registrations. Clients typically provide completed Reliability Standard Audit Worksheets (RSAWs) and the associated evidence/documentation necessary to prove compliance with each applicable requirement and sub-requirement.

For each Reliability Standard included in the project, our team conducts an in-depth review of the responses provided in each RSAW and the associated compliance documentation/evidence and, following each requirement review, records comments on completeness, as well as suggestions for any areas requiring gap closure.

PCS reviews an Entity’s compliance demonstration capability based upon the items listed below.

Completeness, proper application, and organization of the compliance documentation including:

Policies

Procedures

RSAWs

Previous filings made to the Region

Supporting Compliance Evidence

Evidence requested by the Standard

Following the reviews, we develop a requirement-by-requirement report. The report details the Standard requirements, and if needed, sub-requirements reviewed, and the completeness of the documentation and evidence provided. PCS’ opinion of the Entity’s current compliance efforts are organized by Standard and rated as Sufficient, Needs Improvement, Issue, Not Applicable, or Best Practice. The report is delivered to the client lead via the PCS secure ShareFile portal or a method agreed to prior between the parties.

About PCS

PCS was formed in 2010 by a team of seasoned compliance professionals who continue to make a qualitative difference in the electric utility industry. Collectively, the PCS team has over 300 years of industry experience in literally all aspects of the power system including generator and transmission system operations, technical writing, marketing, and regulatory compliance, all from an industry standpoint. PCS has managed over 430 projects that have served the compliance needs of more than 130 industry clients throughout the U.S. and Canada, providing a full range of compliance support and program management. Many clients have been with PCS since we began in 2010 and continue to request our services, as well as refer us to their colleagues on a regular basis.

For information on how PCS can support your organization’s NERC Reliability Standards compliance through a Gap Analysis or other services, please contact Dale Zahn at (262) 436-4116, dzahn@provencompliance.com or visit our website at www.provencompliance.com.

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