The Business Process Management (BPM) Life Cycle is an official definition of the stages and activities involved in managing an organization’s business processes. This definition is designed to create a structured approach to improving the performance of a business. The BPM Life Cycle consists of five distinct stages: process discovery, process modeling, process analysis, process implementation, and process optimization.
The first stage of the BPM Life Cycle is process discovery. This involves analyzing existing business processes to identify areas of improvement and potential opportunities. During this stage, organizations often use Business Process Modeling Notation (BPMN) to help visualize the process.
The second stage is process modeling. This stage involves creating a detailed model of the desired process, with the goal of making it more efficient and effective. BPMN is again commonly used to create the model.