Difference between revisions of "Process"

From Open Risk Manual
 
(No difference)

Latest revision as of 10:58, 18 September 2020

Definition

Process. It is a set of interrelated activities that transform a set of inputs on one or more results with a prefixed objective.

Sometimes the process is identified with or supported by a system or outsourced to a third party. A process may involve machines (fixed or movable), people, software, facilities (real estate), transport etc.