diff --git a/cmake/developer_package/IEDevScriptsConfig.cmake b/cmake/developer_package/IEDevScriptsConfig.cmake
index 4b924633d2fb7d..7bdb9315f29fb1 100644
--- a/cmake/developer_package/IEDevScriptsConfig.cmake
+++ b/cmake/developer_package/IEDevScriptsConfig.cmake
@@ -53,9 +53,6 @@ function(set_temp_directory temp_variable source_tree_dir)
     if (DEFINED ENV{DL_SDK_TEMP} AND NOT $ENV{DL_SDK_TEMP} STREQUAL "")
         message(STATUS "DL_SDK_TEMP environment is set : $ENV{DL_SDK_TEMP}")
         file(TO_CMAKE_PATH $ENV{DL_SDK_TEMP} temp)
-        if (ENABLE_ALTERNATIVE_TEMP)
-            set(ALTERNATIVE_PATH ${source_tree_dir}/temp)
-        endif()
     else ()
         set(temp ${source_tree_dir}/temp)
     endif()
diff --git a/cmake/developer_package/download/download_and_extract.cmake b/cmake/developer_package/download/download_and_extract.cmake
index eda73be1ef1b7f..3f385bf0f6dd88 100644
--- a/cmake/developer_package/download/download_and_extract.cmake
+++ b/cmake/developer_package/download/download_and_extract.cmake
@@ -175,7 +175,7 @@ function (CheckOrDownloadAndExtract component RELATIVE_URL archive_name unpacked
     #path exists, so we would like to check what was unpacked version
     set (version_file ${unpacked_path}/ie_dependency.info)
 
-    if (NOT EXISTS ${version_file} AND NOT ${ENABLE_ALTERNATIVE_TEMP})
+    if (NOT EXISTS ${version_file})
       clean_message(FATAL_ERROR "error: Dependency doesn't contain version file. Please select actions: \n"
         "if you are not sure about your FS dependency - remove it : \n"
         "\trm -rf ${unpacked_path}\n"
diff --git a/cmake/developer_package/features.cmake b/cmake/developer_package/features.cmake
index bc41ce9a065313..813b58b7dc0bce 100644
--- a/cmake/developer_package/features.cmake
+++ b/cmake/developer_package/features.cmake
@@ -56,8 +56,6 @@ ie_option (VERBOSE_BUILD "shows extra information about build" OFF)
 
 ie_option (ENABLE_UNSAFE_LOCATIONS "skip check for MD5 for dependency" OFF)
 
-ie_option (ENABLE_ALTERNATIVE_TEMP "in case of dependency conflict, to avoid modification in master, use local copy of dependency" OFF)
-
 ie_dependent_option (ENABLE_FUZZING "instrument build for fuzzing" OFF "CMAKE_CXX_COMPILER_ID MATCHES ^(Apple)?Clang$; NOT WIN32" OFF)
 
 #
diff --git a/inference-engine/cmake/templates/InferenceEngineConfig-version.cmake.in b/inference-engine/cmake/templates/InferenceEngineConfig-version.cmake.in
index f8018a41815443..a088aa5b6a7c4c 100644
--- a/inference-engine/cmake/templates/InferenceEngineConfig-version.cmake.in
+++ b/inference-engine/cmake/templates/InferenceEngineConfig-version.cmake.in
@@ -13,6 +13,9 @@ set(PACKAGE_VERSION_COMPATIBLE False)
 # Compatibility with old versioning for 2.x
 if(PACKAGE_FIND_VERSION_MAJOR VERSION_EQUAL 2)
     set(PACKAGE_VERSION_COMPATIBLE True)
+    if(${CMAKE_FIND_PACKAGE_NAME}_FIND_REQUIRED)
+        message(WARNING "Inference Engine versioning has changed. Use ${PACKAGE_VERSION} instead of ${PACKAGE_FIND_VERSION}")
+    endif()
 endif()
 
 if(PACKAGE_FIND_VERSION VERSION_EQUAL PACKAGE_VERSION)
diff --git a/inference-engine/cmake/templates/InferenceEngineConfig.cmake.in b/inference-engine/cmake/templates/InferenceEngineConfig.cmake.in
index cdaa7e0b2c6c88..cb4c62442c5ed6 100644
--- a/inference-engine/cmake/templates/InferenceEngineConfig.cmake.in
+++ b/inference-engine/cmake/templates/InferenceEngineConfig.cmake.in
@@ -5,7 +5,7 @@
 # Inference Engine cmake config
 # ------
 #
-# This will define the following variables:
+# This config defines the following variables:
 #
 #   InferenceEngine_FOUND        - True if the system has the Inference Engine library
 #   InferenceEngine_INCLUDE_DIRS - Inference Engine include directories
@@ -25,6 +25,11 @@
 
 @PACKAGE_INIT@
 
+#
+# Common functions
+#
+
+# we have to use our own version of find_dependency because of support cmake 3.7
 macro(_ie_find_dependency dep)
     set(cmake_fd_quiet_arg)
     if(${CMAKE_FIND_PACKAGE_NAME}_FIND_QUIETLY)
@@ -56,6 +61,22 @@ macro(_ie_find_dependency dep)
     set(cmake_fd_quiet_arg)
 endmacro()
 
+function(_ie_target_no_deprecation_error)
+    if(NOT MSVC)
+        if(CMAKE_CXX_COMPILER_ID STREQUAL "Intel")
+            set(flags "-diag-warning=1786")
+        else()
+            set(flags "-Wno-error=deprecated-declarations")
+        endif()
+
+        set_target_properties(${ARGV} PROPERTIES INTERFACE_COMPILE_OPTIONS ${flags})
+    endif()
+endfunction()
+
+#
+# Inference Engine config
+#
+
 # need to store current PACKAGE_PREFIX_DIR, because it's overwritten by ngraph one
 set(IE_PACKAGE_PREFIX_DIR "${PACKAGE_PREFIX_DIR}")
 
@@ -78,29 +99,42 @@ _ie_find_dependency(ngraph
                     NO_CMAKE_FIND_ROOT_PATH
                     NO_DEFAULT_PATH)
 
-function(_ie_target_no_deprecation_error)
-    if(NOT MSVC)
-        if(CMAKE_CXX_COMPILER_ID STREQUAL "Intel")
-            set(flags "-diag-warning=1786")
-        else()
-            set(flags "-Wno-error=deprecated-declarations")
+if(NOT TARGET inference_engine)
+    set(_ie_as_external_package ON)
+    include("${CMAKE_CURRENT_LIST_DIR}/InferenceEngineTargets.cmake")
+endif()
+
+# mark components as available
+foreach(comp inference_engine inference_engine_c_api)
+    set(${CMAKE_FIND_PACKAGE_NAME}_${comp}_FOUND ON)
+endforeach()
+
+if(NOT ${CMAKE_FIND_PACKAGE_NAME}_FIND_COMPONENTS)
+    set(${CMAKE_FIND_PACKAGE_NAME}_FIND_COMPONENTS inference_engine inference_engine_c_api)
+endif()
+
+unset(InferenceEngine_LIBRARIES)
+foreach(comp IN LISTS ${CMAKE_FIND_PACKAGE_NAME}_FIND_COMPONENTS)
+    # check if the component is available
+    if(${CMAKE_FIND_PACKAGE_NAME}_${comp}_FOUND)
+        set(pcomp ${comp})
+        if(_ie_as_external_package)
+            set(pcomp IE::${comp})
         endif()
 
-        set_target_properties(${ARGV} PROPERTIES INTERFACE_COMPILE_OPTIONS ${flags})
+        list(APPEND InferenceEngine_LIBRARIES ${pcomp})
     endif()
-endfunction()
+endforeach()
 
-if(TARGET inference_engine)
-    set(InferenceEngine_LIBRARIES inference_engine inference_engine_c_api)
-else()
-    include("${CMAKE_CURRENT_LIST_DIR}/InferenceEngineTargets.cmake")
-    set(InferenceEngine_LIBRARIES IE::inference_engine IE::inference_engine_c_api)
+if(_ie_as_external_package)
     _ie_target_no_deprecation_error(${InferenceEngine_LIBRARIES})
 endif()
+unset(_ie_as_external_package)
 
 # restore PACKAGE_PREFIX_DIR
 set(PACKAGE_PREFIX_DIR ${IE_PACKAGE_PREFIX_DIR})
+unset(IE_PACKAGE_PREFIX_DIR)
 
 set_and_check(InferenceEngine_INCLUDE_DIRS "@PACKAGE_IE_INCLUDE_DIR@")
 
-check_required_components(InferenceEngine)
+check_required_components(${CMAKE_FIND_PACKAGE_NAME})
diff --git a/inference-engine/samples/CMakeLists.txt b/inference-engine/samples/CMakeLists.txt
index e3aa243587a5e4..31a60ddea4844a 100644
--- a/inference-engine/samples/CMakeLists.txt
+++ b/inference-engine/samples/CMakeLists.txt
@@ -133,8 +133,6 @@ if (CMAKE_CXX_COMPILER_ID STREQUAL "GNU")
     set(CMAKE_CXX_FLAGS "${CMAKE_CXX_FLAGS} -Wall")
 endif()
 
-find_package(InferenceEngine REQUIRED)
-
 if(EXISTS "${CMAKE_CURRENT_SOURCE_DIR}/common/utils")
     add_subdirectory(common/utils)
 endif()
@@ -220,6 +218,14 @@ macro(ie_add_sample)
         set(folder_name c_samples)
     endif()
 
+    if(c_sample)
+        set(ie_component inference_engine_c_api)
+    else()
+        set(ie_component inference_engine)
+    endif()
+
+    find_package(InferenceEngine REQUIRED COMPONENTS ${ie_component})
+
     set_target_properties(${IE_SAMPLE_NAME} PROPERTIES FOLDER ${folder_name}
                                                        COMPILE_PDB_NAME ${IE_SAMPLE_NAME})
 
diff --git a/inference-engine/tests/functional/plugin/cpu/shared_tests_instances/skip_tests_config.cpp b/inference-engine/tests/functional/plugin/cpu/shared_tests_instances/skip_tests_config.cpp
index 2c50910f6f2016..c951427cd8658a 100644
--- a/inference-engine/tests/functional/plugin/cpu/shared_tests_instances/skip_tests_config.cpp
+++ b/inference-engine/tests/functional/plugin/cpu/shared_tests_instances/skip_tests_config.cpp
@@ -73,7 +73,7 @@ std::vector<std::string> disabledTestPatterns() {
         R"(.*BF16NetworkRestore1.*)",
         R"(.*MobileNet_ssd_with_branching.*)",
 
-        // AUTO plugin and QueryNetwork
+        // TODO: 55656 AUTO plugin and QueryNetwork
         R"(.*CoreThreading.*smoke_QueryNetwork.*targetDevice=AUTO_config.*)",
         // TODO: 54718 Accuracy mismatch
         R"(.*GroupDeconv_2D_DW_BF16.*K\(3\.3\)_S\(1\.1\).*primitive=jit_avx512_dw.*)",