BPM lifecycle

The Business Process Management (BPM) lifecycle is a structured approach to improving how a company's work is done. It involves identifying and analyzing existing processes, designing improved versions, implementing those improvements, monitoring their performance, and continuously refining them. This cycle ensures that business activities are efficient, effective, and adaptable to changing needs. Essentially, BPM helps organizations optimize their operations by systematically reviewing and enhancing how tasks are performed, leading to better productivity and service quality.