BPM has three important phases.
Process design: The task of designing existing and new processes using various process design languanges such as jPDL (jBPM Process Definition Language), BPEL (Business Process Execution Language) etc
Process execution: The execution of an automated sequence of related events involving software processes and/or human activities
Process monitoring: Observance and auditing of the state of individual processes so that the statistics and performance of these processes can be recorded, reported, and optimized
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