Exception Based Reporting
As Loss Prevention is constantly changing, as well as the methods used to detect losses, there has been an increase in data collection. These changing strategies has shown the importance of exception-based reporting.
Exception Based Reporting is a process that requires data analysis. It uses a system to move information to an established and recognized set of data. An exception report is used to track certain features of any situation occurring within a project or plan which can then be communicated to the project management team.
Updated on 19/07/2022