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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 Design
What is Process Design  

What is Process Design



 
 

Process Design is a planning activity intended to determine the workflow, implementation requirements, and equipment needs for a particular process. This activity results in developing an implementation plan or scenario that explains how to perform the process under preset rules and conditions.

Typically process design uses a number of planning tools and techniques such as flowcharting, process analysis, simulation, and modelling. For example, through analyzing a given process it is possible to understand the process’s events or steps and then create a model that tells what to improve in the process’s performance. Flowcharts help visualize this model to see how performance improvements can be implemented. Finally, simulation will help forecast future effects of performance improvements on the process’s outcomes.

Process design can be also regarded as a document that includes the following data about a particular process:

  • Activities and events involved in the process
  • Process outcomes
  • Process requirements and schedule
  • Performance standards
  • Human resources
  • Other resources (funds, technology, etc.) involved.

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