Process Performance Monitoring

Process Performance Monitoring refers to the systematic tracking and evaluation of a process's efficiency and effectiveness over time. It involves collecting data on specific metrics, such as speed, quality, and costs, to identify trends, issues, or areas for improvement. By analyzing this information, organizations can make informed decisions to enhance processes, streamline operations, and reduce waste. Essentially, it's like taking regular check-ups on a machine or system to ensure it runs smoothly and achieves its goals. This practice helps maintain quality and competitiveness in various fields, from manufacturing to services.