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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 Planning?
What is Process Planning?  

What is Process Planning?


Process Planning is a complex activity for developing a detailed plan of managing some process through establishing a general sequence of steps that determine the inputs, resources and outputs of the process. It aims to identify key activities and procedures required for completion to reach success in doing the desired process. It is a general concept that defines how to best use available resources and input data to produce desired outcomes.

 The concept of process planning is widely used. In project management, it is a part of project planning and defines a set of steps to describe and develop project management processes. In manufacturing, it explains how to acquire necessary materials, organize workers and manufacture finished products. In business management, process planning determines how to create a better pathway of company development and growth.

 Regardless of where the concept is used, there are three components for consideration when planning a process:

  • Inputs: energy, work effort, materials, etc.
  • Resources: people, machines, tools, technology, etc.
  • Outputs: products, services, or other outcomes that are produced by transforming inputs through consuming resources.

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