How frequently should the lead auditor hold meetings with stakeholders?

Holding meetings with stakeholders on a weekly or biweekly basis is essential for effective communication and project management during an audit. This frequency allows the lead auditor to provide updates, gather feedback, and ensure that any issues or concerns are addressed promptly. It fosters a collaborative environment where stakeholders can ask questions and share insights, which is crucial for maintaining transparency and alignment throughout the audit process.

A more frequent schedule, such as daily meetings, may lead to diminishing returns, as stakeholders might be overwhelmed with information and the time commitment required. Conversely, meetings once a month or quarterly may result in missed opportunities to address emerging issues and could hinder the audit's progress, as stakeholders may feel less engaged and informed. Therefore, a weekly or biweekly meeting schedule strikes a balanced approach, ensuring stakeholders remain involved and informed without overwhelming them with too much interaction.