What is BPM Life Cycle?
OR
What are the five steps of BPM(Business Process management) life cycle?
Technology and management are the main factor of BPM. Therefore BPM life cycle collaborate with five standards:
BUY Class 9 IT (402) Book
Click the Link2) Model: BPM team design a model of software which covers the needs of the management team.
3) Implement: The software is installed in the information system and management team operates the software. If any fault is found in the software. IT team does the changes.
4) Monitor: In monitoring phase the software is monitored by IT and management team and if any errors occurred, the software is optimize in the next phase.
5) Optimize: This phase always remains in run and BPM improves the performance of the software.
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Other Topic of this Chapter
What are the advantages of BPM (Business Process Management)?
1) Increase Visibility: BPM increases the visibility of the business processes. It becomes easy to monitor and control all processes of a bank.
2) Reduction of lead Time:
By controlling all business all together and monitoring each process
side by side. BPM increase the speed and accuracy of business. The loan
application, which could have taken months, can now finish in week. This
increase efficiency and allow bank to convert leads into potential
customers in no time.
3) Clearly Defines Employee Roles:
BPM ensures planning optimum roles and duties for all employees and work
is automatically moves to other desk without an intervention.
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Chapter 1 – Introduction to IT - ITeS Industries
Chapter 2– Data Entry & Keyboard Skills
Chapter 3 – Digital Documentation
Chapter 4 – Electronic Spreadsheet
Chapter 5 – Electronic Presentation
What is the structure of IT – BPM Industry?
OR
What are the four main sub sectors in the IT – BPM Industry?
The structure of IT – BPM Industry depends on following factors:
1) Income: How much income a company generate?
2) Geographic: Company provides services to domestic clients or international clients.
3) Services: What types of services a company provides to their clients?
These are the different types of IT – BPM Industries:
1) Multinational Company (MNC): These companies provide services in many counties. They have head office in one country and serve in multiple countries.
2) Indian Service Provider (ISP): These companies provide services to their domestic clients. They have head office in India and provide services in country and abroad.
3) Global In – House Center (GIC): These companies provide services to their parent companies. They don’t provide their services to external clients.
What is the Applications of Information technology?
IT Applications are playing important role in a society. It has made life simple and fast and nothing is left out of its foot prints. It has touched the all sectors of society such as communication, Banking, Education, Entertainment, Defense etc,
1) Social Networking: Earlier people would meet with their friends in function and parties. They had local friends, but with IT Application we can make friends all over the world, so today whole world is a small town. There are many websites and apps such as Facebook, Whatsapp, Instagram, which increase the radius of social networking all over the world.
2) Communication: Earlier people used to send messages using letters which were slow method for communication. With IT Applications we can, send messages, talk with people, and do video conference with one touch in minimum cost. There are many application such as e-mail, voice call, video call etc.
3) Education: Earlier people used to travel a long distance for education. Now people carry whole world’s knowledge in their pocket in the form of smart phone. IT Applications have made possible to spread flood of information in every corner of the world such as online classes, online examination etc.
4) Banking: Earlier banks were always found with a long queue of customers. It was complicated to withdraw and deposited money in a banks. IT Applications have made it cashless transactions. Now we can pay cashless using UPI, Net banking, ATM Cards etc.
5) Entertainment: Earlier people had less source of entertainment. IT Applications have given access to music, movie, games, and TV Channels 24X7.
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