Process Model Attributes

Question 1

What 3 things is PCF data used for?

Answer 1

1. Integrate risk systems and provide insight into operational risk.
2. Form part of Business Continuity Plans.
3. Benchmark processes to track their performance.

Question 2

How is the Critical Operation attribute populated?

Answer 2

Auto populated based on the PCF selected.

Question 3

What is the ‘Effective Date’ attribute?

Answer 3

This is used if the process will become operational at a future point in time. If a future date is entered, when the model is submitted for publishing it will not be published and available until that date.

Generally, this attribute will not be used.

Question 4

What is the ‘Valid for’ attribute?

Answer 4

This allows a process that is the same as other processes across multiple business units to be added to a master/common process.

Question 5

What is the ‘Variant’ attribute?

Answer 5

This allows business units to modify the master/common process to capture their specific differences.

Question 6

What to put in: Domain

Answer 6

This is no longer used for new process, but for existing published process models this attribute may contain links to a particular Domain.

Question 7

What is the ‘Currency’ attribute?

Answer 7

This attribute auto-populates based on the PO and PMO attributes (will show ‘current’ if current).