What is BPM ? what are the life Cycle of BPM?
Answers
Answer:
the following answer is given in explanation part
Explanation:
Business process management (BPM) is the discipline of improving a business process from end to end by analyzing it, modelling how it works in different scenarios, executing improvements, monitoring the improved process and continually optimizing it.
A simplified version of the BPM life cycle features the following steps: modeling, implementation, execution, monitoring, and optimization.
Take a look at a more in-depth version below
Planning and strategic alignment
Organization profiling
Identifying primary, management, and support processes
Noting key performance indicators (KPIs)
Preparing for process analysis
Process analysis
In the analysis stage, one needs to observe the process as it is currently practiced in order to get a complete picture. It has to necessarily precede modeling if effective changes are to be introduced.
Process design
Observations from process analysis are put to use in the design stage. At this point, you should have awareness of bottlenecks, lags, and delays in detail.
The important question to answer is whether the process should be retained as is or redesigned to fix the issues identified. Based on the response, you may approach it in one of two ways:
Continuous process improvement wherein the process is accepted in its current structure and issues are corrected one after another, or
Redesign, wherein the entire process is remodeled in its entirety.
Implementing the process
When it comes to implementing the new process design, there are two ways to execute it: systemic and non-systemic implementation. The former uses specific software or tools for implementation while the latter doesn’t.
Process monitoring
In this stage, previously identified KPIs are monitored to ensure that the process is aligning with the organization’s overarching goals. Here, one would typically be tracking, measuring, and controlling on a continuous basis.
Process refinement
In the refinement stage, one makes the effort to close the gap between current performance and the modeled process with carefully measured changes.