Business Process Monitoring
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
Business Process Monitoring
Business Process Monitoring (BPM) is a technique used to track and optimize the performance of business processes. It involves the continuous measurement and analysis of key performance indicators (KPIs) to identify areas of improvement and to ensure that processes are running smoothly and efficiently. BPM is an essential part of any organization’s operations and can help to improve productivity, reduce costs, and increase customer satisfaction.
One of the main benefits of BPM is that it allows organizations to identify bottlenecks and inefficiencies in their processes. This can lead to improved performance and increased efficiency, which can ultimately result in cost savings and increased revenue. For example, if an organization is able to reduce the time it takes to process an order from customers, it can reduce the costs associated with order fulfillment and increase customer satisfaction.
Another benefit of BPM is that it allows organizations to monitor their processes in real-time. This allows them to quickly identify any issues or problems that may arise, and to take corrective action before they become major problems. This can help to reduce downtime and minimize the impact of disruptions on the organization’s operations.
BPM can also help organizations to improve their compliance with regulatory requirements. By monitoring their processes, organizations can ensure that they are adhering to all relevant laws and regulations, and that they are meeting the expectations of their customers and other stakeholders.
To implement BPM in an organization, it is important to first identify the key processes that need to be monitored. These could include processes related to customer service, order fulfillment, manufacturing, or any other area that is critical to the organization’s operations. Once the key processes have been identified, it is important to establish the appropriate KPIs for each process. These KPIs should be specific, measurable, and actionable, and should be aligned with the organization’s goals and objectives.
Once the KPIs have been established, it is important to set up a system for monitoring the performance of the processes. This can involve using software tools and platforms, such as process mapping software, to track and analyze the data, as well as establishing a process for reporting and analyzing the results. It is also important to involve employees and other stakeholders in the monitoring process, as they can provide valuable insights and feedback on the performance of the processes.
To ensure the success of BPM, it is important to have a strong governance structure in place. This should include clear roles and responsibilities, as well as a process for continuous improvement and regular reviews of the performance of the processes. It is also important to have a clear communication strategy in place, to ensure that all stakeholders are aware of the BPM initiative and understand the benefits it can bring to the organization.
In conclusion, Business Process Monitoring (BPM) is a powerful technique that can help organizations to improve the performance of their processes, reduce costs, and increase customer satisfaction. It involves the continuous measurement and analysis of key performance indicators (KPIs) to identify areas of improvement and to ensure that processes are running smoothly and efficiently. By implementing BPM, organizations can gain a competitive advantage, improve compliance with regulatory requirements, and ultimately increase the bottom line.
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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Business Process Monitoring
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