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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 Steps
What are Process Steps  

What are Process Steps


Process Steps are practical activities or statuses of the process outcomes, which are logically linked up to each other to form up a productive chain that keeps continually transforming inputs into outputs of desired quality. Any business process consists of its essential steps which increasingly accumulate the value by assembling, supplementing, and/or completing results of the previous steps to obtain the targeted outcomes after the full run of the whole chain. Each step of a process involves certain resources such as qualified workers, equipments, materials, supply, tools, etc.

 Process steps should be: 

  • Planned as a sequence of operations to be done until the result is produced;
  • Supported with resources of desired qualities and capabilities;
  • Regulated with work specifications and quality requirements;
  • Controlled in terms of compliance, efficiency, and effectiveness;
  • Managed to be refined from errors, contingencies, and other risks;
  • Improved by continual modernization and reasonable innovation;
  • Supervised and modeled to prevent fails and problems early;


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