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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 Delay
What is Process Delay  

What is Process Delay



 
 

Process Delay is a time-relating characteristic that determines an amount of time during which a scheduled process or activity is stopped or idle. It is an unplanned extension in the process’s duration caused by some circumstances that impedes the process’s commencement or continuation.

Delays have rather a negative background because they extend process start/completion date and therefore require more effort to be applied to the process. They produce cost effects which can be measured in terms of time, funds, or a combination thereof. A process that has either postponed start or extended duration will consume more resources, and thereby it will be more expensive for performers to complete the process.

Process delays directly affect process effectiveness and performance. A delayed process is likely to have slower performance and produce less effective results. Such a process needs to be improved in order to eliminate delays and bottlenecks. Here’re some tips about process improvement:

  • Ensure that process duration has no idle time
  • Inspect process tasks and steps for performance bottlenecks
  • Try to minimize number of process tasks and steps
  • Be sure there is no delay at transition points from one process task to another one.

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