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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 is Process Data?
What is Process Data?  

What is Process Data?



 
 

Process Data is a body of gathered facts and reasonable assumptions about a specific process. It identifies and defines the process through creating an informational platform that establishes a direct link between the process’s parameters, including inputs, outputs and resources. Process data is the key source of information necessary for initiating and managing the process.

Process data is essential in understanding how to start, implement and deliver processes. Through analysis of process data it is possible to figure out if a process is provided with sufficient resources (process resource data) necessary to transform inputs (process input data) into outputs (process output data). Process data also helps define status of process performance at any given point in time.

Process data is always measurable and limited. Besides, it is:

  • Ready for use once verified
  • Accurate and timely
  • Specific and organized for a particular purpose
  • Relevant and reasonable
  • Leading to an increase in understanding and decrease in uncertainty.

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