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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 Tailoring
What is Process Tailoring  

What is Process Tailoring



 
 

Process Tailoring is a persistent term in some areas and industries, meaning that a project manager takes an existing documented process from an organization’s “arsenal” to tailor (adjust) it for some current specific needs (for example to suit the ongoing project). The results of process tailoring effort are usually captured in the project planning documentation by explaining which parts of the standard process will be (or will be not) utilized, along with all other accepted divergences from the original plan of certain process.

Process tailoring adds more flexibility and speed into ability of an organization to response to new business challenges, such as adopting new projects. It economizes time by enabling managers not to invent and document every process from scratch, but rather tailor (make comparably small changes) the ready-made processes (process templates). The more flexible & unitary these templates are, the easier it will be for the project team to design (tailor) their own solution suiting new specific needs, hence it is advisable for organizations to implement module-based process models enabling a maximal level of administrative flexibility. 

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