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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 Flow?
What is Process Flow?  

What is Process Flow?



 
 

Process Flow is an activity planning method that lets visually document all stages or steps involved in performing a certain process or activity. The method uses charts and diagrams to visualize process inputs, outputs and resources that are associated with every stage or step.

The method lets represent any process as a flow of specific information that determines Demand, Supply and Capacity of the process. These three aspects are analyzed to identify the process’s ability to be started, performed and completed. In case the analysis shows at least one of the aspects is failed the entire process appears to be ineffective, and therefore it is reasonably not to run such a process.

Use of the process flow method is much popular in business process management. Business managers prefer making their decisions based upon complete information (inputs, resources, outputs) about business processes. Flowcharting helps create a pictorial summary of business process stages, understand what inputs need to be converted into outputs, and what resources are available. With use of graphical algorithms business managers are enabled to understand process bottlenecks and see where errors and waste ñan potentially occur.

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