How is Business Process Modeling related to the other BPM’s: Business Process Management, Business Process Monitoring, and Business Performance Management?
In the business domain the BPM acronym is heavily overloaded with several different expansions which are related to each other. Business Process Monitoring refers to the the observation of enterprise processes. Business Process Management, which refers to all activities that manage enterprise processes, is the most generic term and subsumes the others.
Related Questions
- How is Business Process Modeling related to the other BPM’s: Business Process Management, Business Process Monitoring, and Business Performance Management?
- Why would an organization invest time and resources into business process modeling?
- Does BPM mean business process management or business process modeling?