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Managing the Banking Process Flow
A flowchart is a type of diagram that represents an algorithm, workflow or process. Flowchart can moreover be defined as a diagramatic representation of an algorithm (step by step admission to solve a task).
The flowchart shows the steps as boxes of various kinds, and their order by connecting the boxes behind arrows. This diagrammatic representation illustrates a solution model to a unchangeable problem. Flowcharts are used in analyzing, designing, documenting or managing a process or program in various fields.
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Flowcharts are used in designing and documenting easy processes or programs. later than other types of diagrams, they encourage visualize what is going on and thereby incite comprehend a process, and perhaps in addition to find less-obvious features within the process, in the same way as flaws and bottlenecks. There are different types of flowcharts: each type has its own set of boxes and notations. The two most common types of boxes in a flowchart are:
a management step, usually called activity, and denoted as a rectangular box.
a decision, usually denoted as a diamond.
A flowchart is described as “cross-functional” afterward the chart is at odds into substitute vertical or horizontal parts, to describe the run of alternating organizational units. A fable appearing in a particular portion is within the run of that organizational unit. A cross-functional flowchart allows the author to correctly find the liability for performing an perform or making a decision, and to action the liability of each organizational unit for alternating parts of a single process.
Flowcharts depict positive aspects of processes and are usually complemented by further types of diagram. For instance, Kaoru Ishikawa, defined the flowchart as one of the seven basic tools of mood control, neighboring to the histogram, Pareto chart, check sheet, run chart, cause-and-effect diagram, and the scatter diagram. Similarly, in UML, a gratifying concept-modeling notation used in software development, the argument diagram, which is a type of flowchart, is just one of many interchange diagram types.
Nassi-Shneiderman diagrams and Drakon-charts are an interchange notation for process flow.
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Common exchange names include: flow chart, process flowchart, working flowchart, process map, process chart, working process chart, business process model, process model, process flow diagram, put-on flow diagram, concern flow diagram. The terms “flowchart” and “flow chart” are used interchangeably.
The underlying graph structure of a flowchart is a flow graph, which abstracts away node types, their contents and additional ancillary information.
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