History
ProFIT-MAP was created by Anil Menawat. Its foundation is based on systems theory, which is an integrated approach for studying complex, dynamic, and interdependent systems. It also had roots in parametric costing which dates back to World War II where government planners needed a better way to forecast the cost of manufacturing aircraft.
The name ProFIT-MAP is derived from two elements. “ProFIT” comes from “process and finance integration technology.” This refers to the methodology’s integrated multi-perspective focus on business execution. “MAP” refers to the methodology’s ability to create a highly detailed roadmap for improving the business.
Read more about this topic: Pro FIT-MAP Methodology
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