The process management lifecycle is a model for the continuous implementation and improvement of processes and business process management in a company. The lifecycle consists of the following six phases:
The process management lifecycle represents a structured procedure for the management and improvement of processes, making process management easier overall. It ensures the right people know what has to be done in each phase and what’s coming next. In addition, the cycle is helpful for a company just starting to use strategic, systematic process management, as it clearly lays out all the necessary steps.
For companies already practicing process management, the process management lifecycle makes it easy to check which phase they are in, what has to be considered, and whether all relevant information and persons have been included. This step-by-step approach guides companies, helping them ask the right questions to improve their processes for maximum business results.
Related terms: business process management, business process, process strategy
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