Process Parameters (also called a process variable) are certain measures that refer to status of the process (their values indicate whether the process meets the plan or it needs adjustment). In order to obtain effective execution of the process its parameters should stay under continuous control.
The simplest examples of parameters you can find in a manufacturing process are pressure, temperature, and chemical composition – anyone of these may have its desired value that is called a set-point that regulates proper functioning of process elements and operations, while if a parameter deviates from its set-point (goes beyond the acceptable level of variance), then probably a process tends to fail, hence special automatics or human operators should intrude into this process to adjust it and prevent upset.
Process parameters are extremely important in controlling a process, therefore should be accurately measured and monitored throughout process run – it is an essential part of process management and maintenance of its efficiency, therefore process parameters, as dynamically changeable features, are controlled with a help of technological sensors mounted at critical areas of a process, along with implementation of special methods and equipment to adjust them (for more information see What is Process Predictive Control).
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