Bus Perf Fin Cap Tech Cap Proj Mgt Pro Mgt Bes Prac Mgt Cap

Business Financial Technology Project Procurement Management

Best Practices
Performance Capability Capability Management Management Capability
A best practice is a
method or technique
that has been generally
accepted as superior to
any alternatives
because it produces
results that are superior
discipline of to those achieved by
Technology
initiating, other means or
Capabilities are planning, because it has become
Conceptual View executing, a standard way of
elements that controlling, and doing things, e.g., a
motivating and define WHAT closing help you to
corporate purchase
standard way of
supporting technology can do. the work of
performance; consumers to These often have goods and complying with legal or
a team to ethical requirements.
enterprise make sound quite abstract services from
financial names but it is achieve external
performance Best practices are used
decisions. important that they specific goals suppliers.
do not imply any and meet to maintain quality as
particular class of specific an alternative to
technology or success criteria mandatory legislated
products. standards and can be
at the specified
time. based on self-
assessment
or benchmarking.[1] Best
practice is a feature of
accredited
management standards
such as ISO
9000 and ISO 14001.[2]