BPMethods, a professional services firm, has made generally available its business-process portfolio management system. Dubbed the Portfolio Approach for Continuous Process Improvement & Management, the offering provides software templates and management tools that allow companies to classify, document and scorecard their business processes as a portfolio of strategic assets. It teaches management teams how to structure a continuous improvement program. It includes software tools and instruction guides designed to help organizations using business-process portfolios, consisting of a database which takes inventory of processes and documents details such as activities, policies and rules, performance measures, resources and costs. It evaluates quality, effectiveness and efficiency using scorecard techniques, classifying processes according to value.
