Apply Models & Forecasting to Master Business Process Design
3.1 (27 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
601 students enrolled

Apply Models & Forecasting to Master Business Process Design

Advance your career designing Business Processes that deliver RESULTS using modeling (BPMN &+) analytics and forecasting
3.1 (27 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
601 students enrolled
Created by Michael Boyle
Last updated 5/2020
English [Auto]
Current price: $13.99 Original price: $19.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 3 hours on-demand video
  • 1 downloadable resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Break down, Represent, Evaluate and Improve Business Processes using techniques as Process Analysis, Process Modeling, Process Mining and Process Design.
  • Understand and manage Business Processes (BPM)
  • Interpret and use Business Process Modeling Notation (BPMN).
  • Interpret and use Models to represent Processes and Data.
  • Learn to foresee the future with techniques of Estimation, Forecasting and Probability.
  • Understand how Business Rules and Theory of Constraints define the behaviour of an organization.
  • Understand how processes relate to Organizations and External Factors.
  • Some experience is advisable but not required.

Last Update: 24th May, 2020

You wonder why the organization continues to follow rules and tasks that do not properly fit what customers, fellow coworkers or other parties need? You feel your insight and experience can improve the way things are done? Might be you are already working documenting processes or evaluating their performance and you still have a lot of questions about what you should be doing to make a difference?

You are right. Internal or External changes happened and the way processes were put together is no longer entirely aligned with the present circumstances or goals. Changes were done without first looking at the overall picture -or the specifics. Take advantage of your insight and experience to improve the processes and advance your career.

Learn how the business processes work in companies and other organizations, how to document, how to evaluate and how to improve them. Be a proactive agent of informed change.  Address the present issues and uncover hidden opportunities for you and your organization.

Course Summary

In this course, we discuss how to manage business process, how they relate to the organization and what external elements can affect them; breaking down their components (process analysis), put them back together but in better flexible shape (business design). 

What pieces of data to log in order to discover trends, patterns and details hidden in the way the processes work (process mining), how to represent processes so they can be analized (process modeling). And yes, BPMN goes here. 

We also approach rules that guide the way organizations do things (Business Rules). Discover what is hidden in the common idiom "a chain is no stronger than its weakest link (Theory of Constraints) and how it affects your organization and your activities. 

Modeling is next on the agenda. George Box, one of the great statistical minds of the 20th century, said that "all models are wrong but some are useful". Do you want to know why? We expose how you can use models to explore and explain processes and ideas. We explore techniques to represent and explain business processes and data models as well.

We close this course by looking at estimation, forecasting and theories as Bayes Law and Power Law to provide you with tools to foresee the future and prepare for possible outcomes. 

Yes, we borrow these techniques from Business Process Management and Business Analysis. They are useful to adapt to change and improve processes for the benefit of the customers and all parties envolved and they are promising means to advance your career as well, either you want to become a Business Analyst or if you want to broaden your own Profession Success Toolkit.

Come join our more than 95,000 online students. Enroll now!

Each course in Udemy offers the learner a 30-day money-back guarantee. No questions asked. You have nothing to lose. 

Who this course is for:
  • You want to learn how to analyze, design, document and improve processes, or you are expected to do so.
  • You look for a very practical approach to Business Process Management and BPMN.
  • You want to use data analysis and forecasting to design or improve processes, or you are supposed to do it.
  • You want to evaluate process improvements to advance your career.
  • You are serious in pursuing technical Business Analysis activities.
Course content
Expand all 41 lectures 02:54:39
+ Business Process Management
18 lectures 01:34:33
Process Waste Analysis
Process Analysis: Sets the Path Towards Organizational Efficiency
Kanban. Throughput and Flattening the Curve
What Activities Can Be Automated - Preparation
The Way We Create Processes Around Here
Process Modeling: How to Make Your Process Visible
Use Cases: Interactions Between Actors on the Organizational Stage
Scenarios: Your Description of Enterprise Events
Process Mining: Where Process Management and Data Science Meet
Process Design: Defining the Path to Better Processes
Theory of Constraints: Finding the Bottleneck Within Your Processes
The Relationship Between Business Rules and Processes
Process Maturity Model
Improvement is Not Transformation
+ All About Modeling
11 lectures 34:09
Enterprise Process Management: The Road Map for Organizational Change
The Self-Correcting Org Chart
SIPOC Model: The End to End Depiction
State Diagram: Picture How Systems Behave
Data and Forecasting: Making the Management of Uncertainty Quantifiable
Entity Relationship Diagram: The Exchange Between People, Objects, Concepts
Requirements Decomposition: Break Them Down to Build Something Up
+ Data, Estimation, Forecasting and Probability
12 lectures 45:57
Correlation and Causality - Difference Between the Connection and the Cause
Useful and Non-Useful Data: All Data is Not Useful. Find out Why
Estimation: What To Do When You Don't Know
Data Governance: Ensure Your Figures Keep Their Meaning
Bayes Theorem: How It Was Helping How It Will
Planning Poker: Using Playing Cards to Drive Consensus
Delphi Method: Get the Bias Out of Your Head
Power Law: Small Chances and Big Consequences
Monte Carlo Simulation: Simulating Results For Probability's Sake