Descriptive Analytics II: Business Intelligence and Data Warehousing - Business Performance Management
3 important questions on Descriptive Analytics II: Business Intelligence and Data Warehousing - Business Performance Management
What is business performance management system? How does it relate to BI?
To monitor and analyze "how we are doing" in realation to the strategic objectives and goals, BI can play an important role.
What are the 3 key components of a BPM system?
2. Tools for business to define strategic goals and then measure and manage performance against those goals.
3. A core set of processen, including financial and operational planning, consolidation and reporting, modeling, analysis, and monitoring of key performance indicators (KPIs), linked to organizational strategy.
Why is strategy the most important part of a BPM implementation?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding