Business Process Modeling and Standardization
The emerging interest in the process approach is giving rise to numerous expectations and views. Whether it be Business Process Reengineering (BPR), Business Process Management (BPM), Activity Based Costing (ABC) or Business Activity Monitoring (BAM), process modeling is at the core of each of these approaches. The arrival of modeling standards is now resulting in the rationalization of process analysis methods and the creation of a knowledge base that can be shared by market participants.
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