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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 Objectives
What are Process Objectives  

What are Process Objectives



 
 

Process Objectives are specific targets to be hit by the process: some positive effects you are going to achieve along with a process performance. For example, your process’s overall objective may be producing the product which falls within certain acceptance criteria (fits the product specification), along with staying within process constraints (costs and time). Process objectives can be classified in the following manner: 

  • Organizational: to carry out certain organizational function that contributes into accomplishment of organizational goals (for example a sales process transits goods from producer to consumers). This may include objectives for interaction with other processes.
  • Performance-related: to reach some values of KPIs (performance standards) that point excellent level of product delivery (on-time, on-quality and on-costs), efficiency & customer service (for example customer satisfaction rate, customer retention rate, etc).
  • Developmental: to reach certain level of improvement in performance through implementation of innovations and conducting process optimization.

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