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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Glossary » What are Process Goals?
What are Process Goals?  

What are Process Goals?



 
 

Process Goals refer to desired observable, measurable and achievable end results that need to be achieved by some process within more or less fixed time-frames. Goals are fundamental to any process as they determine the process’s content, environment and reasonability.

For a typical process, there are three levels of goals, as follows:

  • Strategic goals, or the end destination to be reached upon process completion
  • Milestone goals, or intermediate results that must be produced throughout the process lifecycle
  • Mini goals, or tasks and actions that to be done over a relatively short period

Time is the key parameter that determines process goals. Any process goal is measureable and observable, and time plays the role of combining both characteristics (measurability and observability) into the process’s end result. If not using time in process goal setting, then the goal appears to be meaningless and unreasonable, with no end date. Specifically, a process with an endless and unscheduled goal will consume a limitless amount of resources while producing no measurable and observable result.

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