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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Glossary » What is Task Lifecycle
What is Task Lifecycle  

What is Task Lifecycle



 
 

Task Lifecycle is a series of consecutive stages in the existence of a task from data collection and goals clarification through task execution, monitoring, and completion. It explains the task’s behaviors and explores all factors that have an impact on the task’s performance.

The lifecycle of a typical task consists of the following 5 steps:

  • Collect task data (why do the task)
  • Clarify task goals (what to accomplish by the task)
  • Execute the task (how to do the task)
  • Monitor task performance (whether the task accomplishes its goals)
  • Complete the task (check if the task is done and the goals are achieved)

Task analytics explores all events and circumstances that happen with a task during its life-cycle. Such analytical tools as to-do lists, spreadsheets, reports, and graphs help summarize task performance and understand task progression through the lifecycle.

Key performance indicators are used to measure task performance at any given point in the lifecycle. KPIs combine math formulas and task attributes. KPIs create task analytics data that helps solve performance bottlenecks and reach optimization.

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