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Business Process Management Life Cycle

oboloo Glossary

Business Process Management Life Cycle

Business Process Management (BPM) Life Cycle is an organized approach to managing business processes that helps to ensure that they are efficient, effective, and aligned with the overall goals of the organization. It is a structured approach that focuses on the design, execution, monitoring, and optimization of business processes. The BPM Life Cycle typically consists of five stages: define, measure, analyze, improve, and control. In the define stage, the organization identifies the processes that need to be managed and defines the goals of the process. In the measure stage, the organization collects data to measure the performance of the process. In the analyze stage, the organization evaluates the data to identify areas of improvement. In the improve stage, the organization implements changes to the process to improve its performance. Finally, in the control stage, the organization monitors the process to ensure that it is meeting the desired goals. By following the BPM Life Cycle, organizations can ensure that their processes are efficient, effective, and aligned with their overall goals.

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