User: What are the four basic steps of process analysis?

Note: What are the four basic steps that should be followed to attain a structured analysis of transactions? [http://wiki.answers.com/Q/What_are_the_four_basic_steps_that_should_be_followed_to_attain_a_structured_analysis_of_transactions]
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Weegy: When you want to understand a work process or some part of a process, these tools can help: 1)Flowchart: A picture of the separate steps of a process in sequential order, [ including materials or services entering or leaving the process (inputs and outputs), decisions that must be made, people who become involved, time involved at each step and/or process measurements. 2)Failure modes and effects analysis (FMEA): A step-by-step approach for identifying all possible failures in a design, a manufacturing or assembly process, or a product or service; studying the consequences, or effects, of those failures; and eliminating or reducing failures, starting with the highest-priority ones. 3)Mistake-proofing: The use of any automatic device or method that either makes it impossible for an error to occur or makes the error immediately obvious once it has occurred. REF:http://asq.org/learn-about-quality/process-analysis-tools/overview/overview.html ]
Expert answered|asero1010|Points 3060|