Risk and Decision Management Processes
Operational Risk Management in Business Processes
... and processes, therefore the optimal way for implementing ORM is an integrated documentation of all company’s business processes while simultaneously highlighting bottlenecks as potential risk ...
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Risk management for companies focused on innovation processes
... It is also perceived that units A, D and E, besides having a negative result when the risks are considered, tend to have negative variations (k i -0.04, -0.2 and -0.01 respectively). Thus, despite the company using unit ...
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EVALUATION OF DECISION-MAKING PROCESSES WITH REFERENCE TO COST INFORMATION MANAGEMENT
... The discussion of the information system in the enterprise should also concern the strategic information system (SIS), which is "an information system that collects information necessary for making repeatable ...
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Risk Management for ISO 27005 Decision support
... business processes or its assets, then a second iteration risk assessment, at more detailed level, is necessary to identify potential ...the decision at this point depends on the nature of the ...
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Improving IT Change Management Processes with Automated Risk Assessment
... rational management of IT infrastructures is a goal of modern organizations that aim to deliver high quality services to their customers in an affordable ...Hence, risk as- sessment is a key process in IT ...
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Management Accounting: strategic decision making, performance and risk
... business risk exposure in terms of the cumulative assessment, across all objectives, of past and future outcome achievement ...the processes and their operationalising activities can be identified along ...
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Decision making in supply risk and supply disruption management
... appraisal processes. These processes evaluate the characteristics of a potential coping response ...that decision makers have a strong subconscious focus on cost-related aspects of a specific ...
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Systemic Decision Making for Liquidity Risk Management in Banks
... system. Decision making in liquidity risk management should has the ability to deal with continuous cash flow changes and soft variables ...liquidity management is to observe the continuous ...
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Re-framing infrastructure investment decision-making processes: a preliminary scoping study for urban flood risk management in Jakarta, Indonesia
... flood management is technically complex, creating potential barriers to engagement for both decision-makers and the public; inherent uncertainty exists throughout modelling efforts, central to ...
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Linking Risk Management to Business Strategy, Processes, Operations and Reporting
... f. Risk management is based on the best available ...managing risk are based on information sources such as historical data, experience, stakeholder feedback, observation, forecasts and expert ...
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Risk-sensitive Markov Decision Processes
... a risk-sensitive continuous-time Markov decision process over a finite time ...the risk-sensitive PDMDP ...horizon risk-sensitive CTMDP with unbounded cost rates, so we change a way to look ...
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More Risk-Sensitive Markov Decision Processes
... Markov Decision Process. We consider both the risk averse and the risk seeking ...the risk neutral average cost. This is in contrast to the classical risk sensitive ...
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Constrained Risk-Averse Markov Decision Processes
... associated risk that stems from un- known and unforeseen circumstances is correspondingly on the ...in risk-sensitive scenarios, such as aerospace applications, decision making should account for ...
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Spectrum Management using Markov Decision Processes
... Markov decision theory for decision making in RF systems is predicated in significant part on the underlying Markovian models being reasonable representations of the physical RF system we are trying to ...
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State-Augmentation Transformations for Risk-Sensitive Markov Decision Processes
... consider risk in an SDM prob- lem is to avoid some dangerous system ...the risk with respect to a policy as the probability of entering such states, and set the constraint as the probability being smaller ...
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Asset Management Data Collection for Supporting Decision Processes
... Asset Management system using mostly internal ...engineering management systems for different types of assets and is working on the integration of these ...Asset Management system, the maintenance ...
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Semantic Event-Based Decision Management in Compliance Management for Business Processes
... where decision nodes could at the same time be business rule invocation and a call to some action taking ...the decision-making tree example given in figure 1 could be implemented using a complex event in ...
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Robust, risk-sensitive, and data-driven control of Markov Decision Processes
... Specifically, we estimate the expected performance of any given policy (and its gradient with respect to certain policy parameters) from a training set comprising obser[r] ...
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STRATEGIC DECISION-MAKING PROCESSES: THE ROLE OF MANAGEMENT AND CONTEXT 1
... and dissension. So different performance aspects appear to influence different dimensions of the process. Past profitability may lead to more rationality and decentralization of DM processes. Growth in profits may ...
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Factored Partially Observable Markov Decision Processes for Dialogue Management
... We have proposed a factored architecture for describing POMDPs applied to spoken dialogue management. The factored representation is useful for two reasons – first, it facilitates estimating or specifying the ...
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