Question: Closed loop BPM (Business performance management) cycle: The strategy focus of the BPM is the key significant which outstands from any other BI tool and

Closed loop BPM (Business performance management) cycle: The strategy focus of the BPM is the key significant which outstands from any other BI tool and practices. BPM stands for Business performance management. In order to achieve goals this BPM comprises of closed set of process i.e., closed loop process which always link with strategic thoughts. This BPM cycle of closed loop will achieve its goals and objectives by pre-planned plans, establishing initiatives. The 4 processes in the closed loop business performance management (BPM) cycle are: Strategize Plan Monitor/Analyze Act and adjust

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