Process InputControlOutputMechanism ICOM Model

1
Process Input-Control-Output-Mechanism (ICOM)
Model (Perform Personal Financial Management)
Basic ICOM Model
CONTROL
PERFORM PERSONAL FINANCIAL MANAGEMENT (PROCESS)
OUTPUT
INPUT
MECHANISM
Page 1 of 2
2
Process Input-Control-Output-Mechanism (ICOM)
Model (Perform Personal Financial Management)
Basic ICOM Model with Input, Control, Output,
Mechanism Examples
CONTROL

• Credit Card Limit
• Item Size
• Sale Discount

• Approved Purchase Decision
• Purchase Item
• Item Price Tag

MAKE CREDIT CARD PURCHASES (PROCESS ACTIVITY)
OUTPUT
INPUT

• Purchase Decision Satisfied
• Purchase Decision Not Satisfied
• Item Purchased
• Credit Card Receipt
• Purchase Receipt
• Shopping Bag w/Item
• Item Not Purchased

• Purchaser
• Credit Card
• Salesperson
• Credit Card Reader
• Credit Purchase Authorization System
• Pen
• Cash Register
• Retail Inventory System
• Shopping Bag

MECHANISM
Page 2 of 2