Explain BPO and BPM.
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Business Process Outsourcing, or BPO, refers to the process of contracting standard business functions to be handled by a party outside of the company.
Business process management (BPM) is the discipline in which people use various methods to discover, model, analyze, measure, improve, optimize, and automate business processes. ... In project management, process management is the use of a repeatable process to improve the outcome of the project.
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