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The following are the most popular business diagrams on our site:

Affinity Diagram

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Affinity – Affinity Diagram – Affinity Analysis – Affinity Framework – Affinity diagrams are used to organize ideas and data during a brainstorming session. The ideas are grouped and segmented by various topics and/or relationships. Affinity diagrams are usually completed on yellow post notes.

The affinity charts are widely used within the practice of project management are one of the key 7 management and planning tools. This is also often referred to as a KJ Method. Essentially, the affinity process consists of two main steps – 1. record your ideas 2. look for relationships and organize ideas into meaningful buckets.

affinity diagram

affinity diagram

Project management standards

See below image for the Project management standards diagram. There are several project management standards, including: The ISO standards ISO 9000, a family of standards for quality management systems, and the ISO 10006:2003, for Quality management systems and guidelines for quality management in projects. ISO 21500:2012 – Guidance on project management.

When we follow global project management standards, we will have solutions to all types of problems and the system’s down time will be reduced considerably. There are many advantages in coming up with universal project management standards and in following project management standards that are most widely accepted.

It is not enough to implement a project management methodology, it is also equally important to follow universal project management standards. However, there is nothing called universal project management standard. What we can talk of is widely accepted project management standards.

Project management standards

Finance components

See below image for the Finance components diagram. It functions at corporate, national, and international levels and is governed by various rules dictating the eligibility of participants and the use of funds for different purposes. Aside from financial institutions, financial markets, financial assets, and financial services are the components of the financial system. What Are Financial Systems?

The components of financial statements are analyzed by various stakeholders (i.e. employees, inventors, finance providers, management, shareholders, etc.) of the organization. Each stakeholder has a different perspective of analyzing.

This guide provides an overview of how public finances are managed, what the various components of public finance are Return on Investment (ROI) Return on Investment (ROI) is a performance measure used to evaluate the returns of an investment or compare efficiency of different investments.

Finance components

Infrastructure and process features of a risk assessment tool 7

See below image for the Infrastructure and process features of a risk assessment tool 7 diagram. Lead sector departments can obtain this method from Critical Infrastructure Policy, Public Safety Canada. This step in the risk assessment process seeks to identify those threats and hazards which could disrupt the critical services and products identified by the Sector Networks.

The four common risk assessment tools are: risk matrix, decision tree, failure modes and effects analysis (FMEA), and bowtie model. Other risk assessment techniques include what-if analysis, failure tree analysis, and hazard operability analysis. How to use a Risk Matrix?

In IT Services, Infrastructure Assessments are comprehensive reviews of your current technology systems that are outlined in a detailed report. Assessments also generally include recommendations and best practices. A complete Infrastructure Assessment should include a documented review of the following areas:

Infrastructure and process features of a risk assessment tool 7

Strategic planning cycle diag

See below image for the Strategic planning cycle diag diagram. Strategic Planning Process from Start to Finish 1 The Strategic Planning Cycle. … 2 Pre-Planning. … 3 Step 1 – Propose a mission. … 4 Step 2 – Propose goals. … 5 Step 3 & 4 – Internal and external analysis. … 6 Step 5 – Summarize findings in a SWOT analysis. … 7 Step 6 – Strategy formulation and developing an operating plan. …

The meeting for the strategic planning process begins with a presentation of these results of the environmental assessment. In most of the cases, these results are presented to the Board before the planning meetings begin.

Although every strategic planning process is different for every business, the Visual Strategic Planning process is modeled off of this cycle, where the steps are followed in this order: Strategic planning is an iterative activity; you might begin the strategic planning process with one mission and end with another.

Strategic planning cycle diag

Project management organizational structures you can edit this

See below image for the Project management organizational structures you can edit this diagram. Below is an overview of four common project management organization structure types: functional, matrix, projectized, and composite. In a functional organizational structure (also referred to as a conventional and traditional organizational structure), decision-making power rests with functional managers.

For Project Managers, a company’s organizational structure type will affect how resources are allocated to the project and will be a factor in how much influence the Project Manager will have within the organization. There are three basic types of organizational structures … Functional Organizational Structure

If your team is too small to dedicate resources, you should look at matrix and functional project management organizational structures. If you’re on a very tight timeline and budget isn’t an issue, then project organizational structure is a good choice.

Project management organizational structures you can edit this

Value chain analysis explained

See below image for the Value chain analysis explained diagram. Value chain analysis (VCA) is a tool used to increase the profit margin for a company by looking for improvements in specific activities along the production and sales lines. Ideally, by discovering opportunities for cost reduction and/or improved customer value, your company can decrease production costs and increase revenue.

The value chain method is a way to identify the best path to enhance value for the customer. Competitive Advantage A competitive advantage is an attribute that enables a company to outperform its competitors. It allows a company to achieve superior margins .

Key Takeaways. Value chains help increase a business’s efficiency so the business can deliver the most value for the least possible cost. The end goal of a value chain is to create a competitive advantage for a company. Value-chain theory analyzes a firm’s five primary activities and four support activities.

Value chain analysis explained

Financial ratios analysis for investors

Financial ratios analysis is an invaluable tool in analyzing financial statements, evaluating business performance, and identifying company issues. With the financial ratios’ analysis, the business evaluation will become much more manageable and easier to compare to competitors and industry average.

Investor ratios are the financial ratios that the investors use in order to evaluate the company’s ability to generate the return for their investment. In general, investors usually want to know which one is a good company to invest their money in, in accordance with their risk appetites.

Like the price to earnings ratio, the current ratio is one of the most famous of all financial ratios. It serves as a test of a company’s financial strength and relative efficiency. For instance, you can tell if a company has too much, or too little, cash on hand. Financial ratios analysis for investorsFinancial ratios analysis for investorsFinancial ratios are important tools used to analyze a company’s financial condition. A company’s balance sheet, which includes the assets and liabilities of the company, forms the basis of all financial ratios. Financial ratios are used by investors to understand how the company is making money. The goal of financial ratio analysis is to determine the following:the ability of a company to make profitsthe viability of the businessthe amount of capital a company has

Financial ratios analysis for investors