diff --git a/ironic_inspector/common/ironic.py b/ironic_inspector/common/ironic.py
index 57deee7ee..53899a03c 100644
--- a/ironic_inspector/common/ironic.py
+++ b/ironic_inspector/common/ironic.py
@@ -26,7 +26,7 @@ CONF = cfg.CONF
 LOG = utils.getProcessingLogger(__name__)
 
 # See http://specs.openstack.org/openstack/ironic-specs/specs/kilo/new-ironic-state-machine.html  # noqa
-VALID_STATES = {'enroll', 'manageable', 'inspecting', 'inspectfail'}
+VALID_STATES = {'enroll', 'manageable', 'inspecting', 'inspect failed'}
 SET_CREDENTIALS_VALID_STATES = {'enroll'}
 
 # 1.11 is API version, which support 'enroll' state
diff --git a/releasenotes/notes/fix-wrong-provision-state-name-150c91c48d471bf9.yaml b/releasenotes/notes/fix-wrong-provision-state-name-150c91c48d471bf9.yaml
new file mode 100644
index 000000000..a05f3cbc2
--- /dev/null
+++ b/releasenotes/notes/fix-wrong-provision-state-name-150c91c48d471bf9.yaml
@@ -0,0 +1,11 @@
+---
+fixes:
+  - |
+    Wrong provision state name 'inspectfail' in *ironic-inspector* valid
+    states for node inspection.
+    This issue leads to state inconsistency between *ironic* and
+    *ironic-inspector*. For example, if *ironic* inspection timeout is
+    lower than *ironic-inspector*'s, and inspection timeout occurs, *ironic*
+    will transition node into 'inspect failed' provision state. In such case
+    when node inspection finishes without errors the node will be in
+    'inspect failed' provision state with inspection in 'finished' state.