About costing

Validating and ranking potential business process improvements requires further analysis. One of the powerful analysis tools can be understanding the costs of running a process. TIBCO Nimbus® offers a process-based activity-costing functionality where basic costing can be gathered. This is particularly helpful with exploring costs around simple volume changes, decisions points, resource replacements or alternatives and process simplification improvement projects.

For detailed costing analysis, TIBCO Nimbus® should be used in conjunction with other cost analysis and simulation or resource scheduling and loading analysis tools.

When can a process be costed?

1. When the process has been captured down to task level.

Processes in TIBCO Nimbus® are captured from the top level to the bottom level, allowing a business to understand the core process in simple terms and then drill down to lower levels for granularity. Process costing in TIBCO Nimbus® is captured from the lower level to the top level after the process has been fully captured. This requires that the lower levels have captured detail at a task level so that the average durations may be attached. Lower-level costings can be 'rolled' upwards to higher levels.

2. When the process has integrity.

The process diagrams need to have been integrity checked to ensure that no input or output arrows are missing or unattached, that resources are allocated, if the volume is changing frequently or if there are too many feedback loops (a high number of feedback loops indicates that the process has not been defined accurately or the loops need to be moved down to lower levels).