S-Space College of Engineering/Engineering Practice School (공과대학/대학원) Dept. of Industrial Engineering (산업공학과) Journal Papers (저널논문_산업공학과)
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Real-time Risk Measurement of Business Process Using Decision Tree
- Issue Date
- 산업경영시스템학회지, 31 : 49-58, 2008
- This paper proposes a methodology to measure the risk level in real-time for Business Activity Monitoring (BAM). A
decision-tree methodology was employed to analyze the effect of process attributes on the result of the process execution.
In the course of process execution, the level of risk is monitored in real-time, and an early warning can be issued depending
on the change of the risk level. An algorithm for estimating the risk of ongoing processes in real-time was
formulated. Comparison experiments were conducted to demonstrate the effectiveness of our method. The proposed method
detects the risks of business processes more precisely and even earlier than existing approaches.