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P and R measures

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P and R measures are the statistics used to evaluate the efficiency and effectiveness of business processes, particularly automated business processes. [1]

7 relations: Automated business process, Average, Business process, Counting, Effectiveness, Efficiency, Statistics.

Automated business process

Many computer systems are available in the commercial marketplace that address the various aspects of Business Process Management.

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In colloquial language, an average is the sum of a list of numbers divided by the number of numbers in the list.

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Business process

A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers.

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Counting is the action of finding the number of elements of a finite set of objects.

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Effectiveness is the capability of producing a desired result.

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Efficiency is the (often measurable) ability to avoid wasting materials, energy, efforts, money, and time in doing something or in producing a desired result.

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Statistics is the study of the collection, analysis, interpretation, presentation, and organization of data.

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[1] https://en.wikipedia.org/wiki/P_and_R_measures

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