EPM is a versatile tool for exerting improvements that span business processes and applications. It takes a quantifiable approach to the monitoring, measurement, forecasting, and analysis of complex operations. In the process, new strategic plans can be developed and implemented that help surmounts foundational challenges.
The EPM approach utilizes key performance indicators as a basis when developing models to capture inputs that include budget outflow, cost, chargeback systems, and profitability. With this data in place, forecasts can be developed to accurately reflect ever-changing market realties and position the workforce to deliver maximum productivity. Flexible and applicable to a wide range of market scenarios, EPM is an integral part of the operational performance toolkit.