Process Assets include all kinds of material objects, knowledge base, or regulative documents that belong to a certain business process: they take major part in transformation of process inputs into required process outputs (they contribute into a process by an effect which is determined and desired by organization). Process assets are the core of productive base of any business process: they require appropriate management, organization, service, modernization, and coordination in order to generate results of a proper quality. If one of these supportive processes fails, business process will start degrading: the rate of process effectiveness and efficiency will start to reduce.
Process assets include the following items:
- Equipment used during the process (fixed process assets which play a fundamental role in tangible production);
- IT components supporting the process (computational & communicational devices and other elements of infrastructure which services tangible or intangible production);
- Organizational assets (procedures and standards, regulatory documents, knowledge database, operational manuals, etc);