University of Maine at Augusta Flowchart Improvement Process Paper

User Generated

ne3mbb1986

Business Finance

University of Maine at Augusta

Description

Assignment Steps 

Select a complex process from your personal life or work. (I am a real estate agent in Texas. Please use the process of a real estate agent for this assignment) 

Use Microsoft® PowerPoint® or other software, such as Vizio, Microsoft® Word, etc. to create a flowchart of the as-is process. 

Define metrics and measure the current process. 

Use process improvement techniques to improve the process. 

Use Microsoft® PowerPoint® or other software, such as Vizio, Microsoft® Word, etc. to create an improved process flowchart. 

Use judgmental forecasting, which is your professional judgement, to ascertain how the future process will perform according to your metrics.

Develop a 525-word executive summary in which you describe your process improvement project (including the as-is process flowchart and the improved process flowchart). 

Explanation & Answer:
525 Words
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Explanation & Answer

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Running head: FLOWCHART IMPROVEMENT PROCESS

Flow chart Improvement process
Name
Instructor
Course
Date

1

FLOWCHART IMPROVEMENT PROCESS

First consultation on real estate

Determination of the subject property qualification

Determination of asking price

Enlisting of property

Attracting potential and viable buyers

Showing of property to intersted buyers

Counter-offer

Making of an offer by the buyer to the real estate agent

• negotiate
• Acceptance of offer
The contigencies of the contract

Signing of documentation

Conclusion of sale

2

FLOWCHART IMPROVEMENT PROCESS

Figure 1 As-is real estate process
Metrics and measure of current process
Metrics include; satisfaction of the customer, the quality of the property enlisting, that the
processes implore the customer to remain loyal with the agency, ameliorate on skill
development, and heightened productivity, as well as result in increased profit that allows the
real estate agency to have a more prompt and high ROI. The c...


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