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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.

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Home » Glossary » What are Process Parameters
What are Process Parameters  

What are Process Parameters



 
 

Process Parameters (also called a process variable) are certain measures that refer to status of the process (their values indicate whether the process meets the plan or it needs adjustment). In order to obtain effective execution of the process its parameters should stay under continuous control. 

The simplest examples of parameters you can find in a manufacturing process are pressure, temperature, and chemical composition – anyone of these may have its desired value that is called a set-point that regulates proper functioning of process elements and operations, while if a parameter deviates from its set-point (goes beyond the acceptable level of variance), then probably a process tends to fail, hence special automatics or human operators should intrude into this process to adjust it and prevent upset. 

Process parameters are extremely important in controlling a process, therefore should be accurately measured and monitored throughout process run – it is an essential part of process management and maintenance of its efficiency, therefore process parameters, as dynamically changeable features, are controlled with a help of technological sensors mounted at critical areas of a process, along with implementation of special methods and equipment to adjust them (for more information see What is Process Predictive Control).

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