Understanding reviews
Reviews involve the review and approval of one or more
documents. When multiple documents are specified for a review, the
documents are merged into a single PDF document. Reviews can include
supporting documents that supplement the review but are not part
of the collateral that requires review.
The Managed Review & Approval Solution Accelerator utilizes
the following two main concepts to define review and approval processes:
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Stages, which define the phases of a review or approval.
Reviews
execute according to defined parameters. Each review has at least one
review or approval stage; however, it is common to have multiple
phases in a review. Each phase in a review is called a stage. In
addition, each stage can have different characteristics, such as
different durations and a different set of review participants.
A review completes when all stages complete. Reviews, when not completed
within the allocated time expire, and end.
The stages of a
review, the parameters of a review, and the name of review are defined
in a review template. Review templates provide a review and approval process
that supports reuse.
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Review templates, which collect the review and approval stages
into a process that executes sequentially. Every review is unique.
For each review, there is an allowance for some level of variance
in the number of reviewers, the supporting documents, and the duration
of a stage. Any variation that is allowed should not change the
business rules or regulation that the process automates.
