Task Management Software
 


PDF  Task Management Guide
 
 
 
 
New Articles New Articles RSS feed subscribe
 
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?
 
 
 
 
New Checklists News RSS feed subscribe
 
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 Stability
What is Process Stability  

What is Process Stability



 
 

Process Stability is a process’s ability to be consistent and predictable over a sufficiently long period of time. It describes a condition in which the process’s characteristics (e.g. average performance value, variation) tend to be constant. Such a process becomes consistent with performance levels set before the process’s start.

A stable process is always consistent with its performance objectives and also ready for improvements. Stability ensures process predictability and alignment. If the process is unstable, it is performed out of control. It tends to be unpredictable because of random variations that do not correlate with normal or standard distribution.

Charting is an analytical tool that is often used in assessing and visualizing process stability. For example, Scatter chart shows a sufficient number of performance indicators of a process collected over a long period to display random variation and normal distribution. The graph includes a variation line that helps track process changes and figure out instances when the process becomes unstable. Charting also provides input data for process analysis and performance improvement.

All Travel Checklists

new CentriQS -15% OFF
Business management software
for small & midsize enterprises

Play Demo

VIP Task Manager
Task management software
for teams & small offices
Play Demo / Download

 
 
 
home contact site map my account

 


Copyright © 2004 - 2016 VIP Quality Software, Ltd. All Rights Reserved.