Relationships should not be redefined in the context of an application. � �� �� �� � N N N 4 � �N �N �N h 2O 4 fQ � � �_ � V � \ ( D\ D\ D\ Io | The fourth event was the evolution of the Yellow Pages into the Intranet Services site. In previous Management Moment columns, we have discussed a range of leadership and management issues. Understand the Organization’s Constitution and Scope. An activity is the smallest unit of work which is scheduled in a process. The BFS is the controlling reference source for a core metadata attribute � Business Function. &. Human Resource AssetsLines of business use people to perform work, have a set of core competencies that define the work, have pertinent job profiles, and human resource assets that sustain them. Despite this widespread use, there is only one published standard. modify as necessary—the best practices and guiding principles that have led to positive outcomes for all stakeholders, including homeowners, investors, and servicers. The Business Function Scheme enables us to: Promote, publish and syndicate information assets by business perspectives Categorize information assets by business functions Associate information resources to the Bank�s business architecture to support workflow management Develop an integrated, enterprise view of how resources are allocated to business functions. ISGEC has defined a set of criteria for World Bank Lines of Business. Technology AssetsMay be supported by one or more technical components, or by no technology. They can therefore be adopted and adapted to suit any service management improvement, and are the “how” that can guide organizations in their work regardless of their own specific needs and circumstances. Child is a category with a meaning narrower in scope than the category in question and shown subordinate to the latter in a hierarchy.XStatus CodeDescribes the current status of a category: ACTIVE, PENDING, INACTIVE XUpdate DateThis date is assigned automatically by MultiTes each time a category is updated.X Annex 5: Physical Implementation of BFS in the Metadata Manager Business Function Classification Schema is currently implemented in Metadata Manager. A business activity is a single interaction in a business architecture. Business areas describe the Bank�s business at its highest level of aggregation. Who is consulted in the evaluation of requests? Principles for Creating and Maintaining the Business Function Scheme The Principles for creating and maintaining the BFS are derived from the Prolegomena to Library Classification (2e), industry best practices, and practical experience in the Bank environment. Best Practice Guides The Best Practice Guides have been designed … By sending an email to Information Quality Services - and providing the information that is needed for the type of request; BFS Custodian will create/track the UCM ticket; By contacting the manager of your information system who will send an email including the request to the iqservices account; BFS Custodian will create/track the UCM ticket; Through annual reviews of the Bank�s business. Best practices can also be used as a benchmark, where one company can share actionable solutions with other organizations. What's New in ITIL 4? There may be cases where there is not enough steps/content objects to be tagged to form both a subprocess and a task. This column provides a review of guiding principles and best practices of effective leaders along with the distinction between management and leadership. Service Standards/MetricsSince there is not a product or service generated in total by a subprocess or step, standards/metrics are not likely to be found.Clients/StakeholdersClients/stakeholders may be internal or external. (Ascertainability) The name of a category should be descriptive of what is contained in the category The coverage of a category should be known simply by reading the category name The category name should represent the focus of the category A category�s name should reflect its parent category Acceptable PracticeUnacceptable PracticeProject SupervisionSupervisionBudget ControlControllingPrinting and Copying ServicesPrintingFinancial Reporting and AnalysisReporting and Analysis Principle 2: No two categories should overlap or should have exactly the same scope and boundaries. Perform a quality check. (Enumeration and Hospitality) The notation structure must be defined to support horizontal and vertical expansion The enumeration Scheme is always aligned with the top level of the Scheme The notation should be expandable without disturbing any of the existing category numbers - each level of enumeration should represent the expected growth of that level over time Each subcategory in the Scheme has its own unique enumeration number The enumeration Scheme should use consistent notation across all levels � the business function Scheme is a numerical enumeration. Classification schemes are used to organize information into collections. Advocating for process or procedural improvements to enhance and ensure the goodness of the Business Function Scheme Data Management Program Who Makes Up the Data Management Program? Who does the evaluation? The system of record for BFS values is Metadata Manager where BFS classes are represented as unique Metadata Keys (MDKs). The Annual Review of the Business Function Scheme focuses on the metrics defined for each principle described in Section 2.1. Ensure that retention plans, business continuity, disaster recovery and security plans are defined and executed for the BFS. Locally autonomous from regional and national affiliations. Who executes the change? It does not provide guidance on how to create or maintain the values in a classification scheme. Acceptable ExampleUnacceptable ExampleExplanationAnalytic and Advisory Activities (AAA)AAANever use an acronym by itself, such as AAA to represent Analytical and Advisory Services. The guiding principles are one of the most useful and practical parts of ITIL 4. Assets associated with retired categories should retain their original metadata in tact and be accessible through traced categories. Question 9. Who executes the change? Not all levels in the Scheme must be differentiated. Although every company is different, and there is no set formula for determining your appropriate organization design, we have identified 10 guiding principles … The BFS is a conceptual model of what the Bank does and how it does it, and is used to classify Bank�s information in order to enable sharing across systems. Members of sets may form subsets, and continue to subdivide along specific criteria. There are five data classes making up the Business Functions Hierarchy data set: Metadata Manager Data Class NameDefinitionBUSFUNC Top level data class representing Business AreasBUS_SUBFUNC Second level data class representing Lines of Business BUS_SUBFUNC_L3Third level data class representing Business ProcessesBUS_SUBFUNC_L4 Fourth level data class representing Business SubprocessesBUS_SUBFUNC_L5 Fifth level data class representing Business Activities Each Metadata Manager data has the following attributes Metadata Key Display Name Short Name Translation Code Alternate Key Data Class Name Data Class Description Data Class Set View of Oracle Data Classes and Hierarchical Relationships Annex 6: Applications using BFS The table below summarizes the procedures each application utilizes to get BFS values and to implement the schema. Human Resource Assets Uses small portions of a person�s time. Principle 9: The categories should be presented in a logical order that serves both classification principles and user convenience. Petroleum Review feature helps raise awareness among oil and gas professionals. The following six rules pertain to use of the business function scheme in classifying information assets. Over the past seven years, the U.S. Department of the Treasury (Treasury), the U.S. Department of Housing and Urban Development (HUD), and the Federal Housing Finance Agency (FHFA) —together … The evaluation of the Business Function Scheme is performed according to the Business Architecture framework. When BFS is used for hierarchical browsing or searching, the content publishers must follow Usability Best Practices and Guidelines Annex 1: Annual Review of the BFS & systems usage of the BFS At least once a year, a full review and evaluation of the Business Function Scheme and audits of systems usage of the Scheme should be completed. According to BFS Guiding Principles; Primarily through a comparison of the request, its impacts to the scheme, a review of the information resources to which it will be applied, and an analysis of other resources in systems that are not yet integrated into the scheme; Change process must also consider cost of implementing the change in the consuming applications; In close collaboration with the requester, and other Business Stewards that may be impacted by the change; BFS Custodian will facilitate the consultation process. The Principles for creating and maintaining the BFS are derived from the Prolegomena to Library Classification (2e), industry best practices, and practical experience in the Bank environment. Service Standards/MetricsAny product or service line must have published service standards and quality metrics.Clients/StakeholdersBusiness lines must have defined clients and stakeholders, internal or external to the organization. iii … The scheme provides the definitions of inheritance for guidance. Business stewards have final say on all issues concerning the BFS�s values. Preferred NamePrevious NameImplementation Completion and Results ReportImplementation Completion ReportPartner CountriesMiddle Income Countries (MICs)Fragile StatesLow-Income Countries Under Stress (LICUS) Principle 6: When differentiating a category, it should give rise to at least two subcategories. A subprocess is useful for defining reusable components within other processes.Inputs/OutputsHas defined inputs which are converted directly into outputs at the end of the subprocess or task, but the outputs are not finished, final products and services..Input/Output ParametersA subprocess will have its own process definition, and may include parameters passed on its initiation and completion.Functional Calls/ExecutablesA business subprocess is represented as a functional call in a business process model, and as an �executable service� in a business architecture.Repurposable/reusable across business processesBusiness subprocesses are repurposable and reusable. We look to S.R. Each level in a classification scheme should be defined and consistently applied. BudgetIs only tracked at a budget level during a benchmarking or task analysis exercise. Custodian has the final say on all issues concerning compliance of request with BFS�s Principles and Business Rules. The principles below should guide every IT decision-maker on campus. Changes can include: Additions to any level of the scheme Splitting an existing category into two or more categories Joining two or more categories Retiring a category Changing the name of a category Changing the hierarchical relationships between categories Question 4. (Exclusiveness, Uniqueness and Relevance) The definition and coverage of each category is unique Each category must have sufficient content associated with it to warrant its creation Principle 3: The rules for creating, managing and retiring categories should be consistently adhered to across all different contexts. Information assets should not be reclassified because a category is archived. educates students to make meaningful contributions as citizens of a complex world. Analytic and Advisory Activities (AAA) used instead of Nonlending Activities. What is the Annual Audit? Business Rule 11. What changes in the business may trigger changes in the BFS? Best Practices for HPSB Guiding Principles Implementation in Existing DOE Buildings May 2014 JH Henderson . Business Processes The third level categories represent business processes. The Chinese versions of the Methane Guiding Principles (MGP) Best Practices Guides were jointly released online by Beijing Gas, MGP and Environmental Defense fund (EDF). How can you make a request? Follow Financial and Accounting Expectations. AttributeDefinitionMetadata ManagerMultiTesCategory NumberThis number is derived from the enumeration scheme. 05/31/2017; 2 minutes to read; i; v; e; M; b +3 In this article. If your organization is dedicated to HR best practices and tries to follow these principles, you could see higher employee retention and happier employees who contribute their best. Business Rule 14. Specifications for the Business Function attribute are respected wherever the attribute and Scheme are used. 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