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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 enterpriseís 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 Development
What is Process Development  

What is Process Development



 
 

Process Development is the setup and design of a process under specific requirements (quality, cost) and within certain time-frames through defining and describing a sequence of activities that need to be performed to meet the process’s objectives and to produce the process’s desired outcome.

Development is one of the phases in process lifecycle. The rest of the phases are analysis, realization, control and deployment. The development phase aims to complete these three tasks:

  • Evaluate potential ways of solving a process problem or need
  • Create a process design that specifies how to solve the problem/need
  • Develop a process model that includes activity flows and their dependencies

The listed tasks focus on process transformation. In other words, developing a process means designing a detailed action plan that explains how to transform process inputs into process outputs and what resources to use for this transformation. The first task ensures that the process is transformable; the second task analyzes how exactly to reach needed transformation; and the third task proposes a model of process transformation.

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