Problem: Process Evaluation
This week, we will be discussing the various aspects surrounding project improvements. Keep in mind that improving every process is an important function for businesses. While it is an important function, it is important to know how to accurately determine the efficiency and accuracy of various processes within the business. Also, it is important to determine how often processes should be reviewed. Keep in mind that it is time consuming and costly to do a thorough review, but at the same time, they are necessary.
What are some of the most common indicators that an improvement is needed in a process? Without these indicators, how often should processes be reviewed for efficiency? How would you conduct such a review?