The business process management [BPM] cycle begins by creating a model of the existing business processes is true.
Business Process Management is how a company creates, edits, and analyzes the business processes that makes up its core. The purpose of BPM is not handle a task or a project. The objective is to focus on repetitive and ongoing processes that follow a process management. It ensures that the processes of a business are articulated and running optimally.
BPM consists of five steps:
1. Design
2. Model
3. Execute
4. Monitor
5. Optimize
Further it can be categorized on the basis of the purpose they serve. The three types of BPM are:
Integration Centric, Human- Centric BPM, Document centric.
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