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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 Template?
What is Process Template?  

What is Process Template?


In terms of process management, Process Template is a standard document that contains information about typical and commonly used methods and tools of planning, managing, executing and measuring a particular process. This document often provides a comprehensive list of important and relevant actions or steps to be taken in a specific order to manage the process.

Template of a process helps establish a standardized way of doing the process by workers. For example, in project management a template of the risk management process specifies steps risk management team can take to identify, describe, analyze, estimate and mitigate project risks. The risk manager creates such a template to help the team learn the risk management standards defined by the manager for this particular project.

The necessity of using process templates in various fields of management is substantiated by the following benefits:

  • Standards and Guidelines. Template determines how a process is supposed to be done.
  • Steps and Actions. Template specifies a range of steps and actions to be taken to carry out a process as expected.
  • Iteration. If there’s a standard process to be performed many times, a respective template will be helpful.
  • Time Saving. A typical process can be performed with less time and effort required.

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