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This paper presents a prototype for a risk project management game template (PrimaGate). The template was developed in order to offer instructors and learners a flexible tool to build or adapt project risk management games that could be included as part of the curriculum to teach project management. The core focus of the design was to create a learning environment that facilitates the involvement...
The importance of skyline and dominance relationship analysis has been well recognized in multicriteria decision-making applications. In this paper, we propose the problem of "Finding Skyline with Customer Preferences and Cost Constraints", which utilizes the concept of dominance for business analysis from a microeconomic perspective. Our problem aims to discover the dominance relationship...
Ward Cunningham in his experience report presented at the OOPSLA'92 conference introduced the metaphor of technical debt. This metaphor is related to immature, incomplete or inadequate artifacts in the software development cycle that cause higher costs and lower quality. A strategy for the technical debt management is still a challenge because its definition is not yet part of the software development...
R&D investment strategy is important for the growth of an enterprise profit. However, there is always a trade-off between short-term profits and R&D expenditure for the firm's decision-making. In this decision-making, R&D investment by an enterprise is considered as a combination between the ‘genotype’ of the industry that the enterprise belongs to and the ‘phenotype’ of the enterprise...
The supplier selection process of a company depends on numerous criteria which can have differing importance factors. Solving this kind of multiple criteria decision making (MCDM) problem is essential for the long-term strategy of a company. While this problem is examined numerous times throughout the years, the consideration of involving economic, social and environmental factors, i.e. sustainability...
Enterprise Resource Planning (ERP) adoption emphasizes business transformation that leads to change business processes in an effort to maximize profits and competitive advantage of the enterprise. Many companies were unsuccessful in implementing ERP system. Selection failure affected implementation failure. ERP system selection that misfit and ineffectively caused a major failure of ERP system adoption...
Board governance is at the core of the corporate governance, to establish a standard and reasonable structure is the important content of perfecting corporate governance mechanism. Board governance in China is in its infancy, the listed company's board of directors' governance situation is worrying, problems like the unreasonable structure, lack of effective incentive, insufficient supervision and...
An independent generation company (GenCo) secures its future trading position by managing its portfolio among multiple trading options. Future returns of these trading options are not known during decision making and are traditionally estimated using probabilistic or fuzzy methods. Quantifying such uncertainty of market returns by conventional methods does not reflect the information gap existing...
Fossil fuel generation companies (GenCos) trade in multiple uncertain energy markets: fuel and carbon markets on upstream side while electricity market on downstream side. Global economic and environmental benefits lead these markets to pursue overlapping goals, making them highly interactive. GenCos may identify optimal trading strategies for upstream and downstream trading in an integrated framework,...
In the current social, technological and economic context, customers make their decisions based mostly on the opinion of other consumers. On the other side, companies need quick feedback from their customers in order to adapt to their needs in real time. The effective connection between these two aspects relies on opinion mining tools, which automatically process consumers' reviews and opinions about...
This paper studies the company and the farmers how to make their optimal production and purchases decision in private under the random output and random market demand, studying the optimal results under optimal decision with mutual consideration of the parties in the case of independence. But for companies, only these coordinate farmers' production is not able to fully meet the company's needs, so...
The notable features of guarantee program differing from traditional project are high degree of information asymmetry and risk uncertainty. The evaluation for credit insurance risk is the key to insurance organization. In this paper, limitations of the traditional NPV evaluation method are proposed. A credit risk pricing model of the guarantee project is put forward based on the real options, which...
This paper selects the data of listed companies in Shanghai stock exchange and Shenzhen stock exchange between 2010 and 2013, studying the moderating effect of management team characteristics on the relationship between equity incentive and internal control quality. The result shows that there is a significant positive correlation between equity incentive and internal control quality. Also, education...
Security decision-making is a critical task in tackling security threats affecting a system or process. It often involves selecting a suitable resolution action to tackle an identified security risk. To support this selection process, decision-makers should be able to evaluate and compare available decision options. This article introduces a modelling language that can be used to represent the effects...
This paper attempts to investigate the effect of industry specialization on the relationship between client importance and auditor reporting decision based on microcosmic perspective. The results show that auditors are less likely to issue severe opinion for the high risk client as client importance increases. And similarly , for the auditor without industry specialization, the relationship between...
Design decisions are made throughout the design process of a new software system or the evolution of an existing system. The context in which a system is developed influences these decisions themselves and the way they are made. There are only a few empirical studies regarding architectural decision-making or concerning how the decision-making process is executed. In this paper, we report an analysis...
The growth in the number of cloud computing users has led to the availability of a variety of cloud based services provided by different vendors. This has made the task of selecting suitable set of services quite difficult. There has been a lot of research towards the development of suitable decision support system (DSS) to assist users in making an optimal selection of cloud services. However, existing...
The logistics and transport operations, which have become more information intensive and more technologically dependent, are undergoing dramatic revolutions. Among various logistics activities, the role of transport is becoming more and more important. In order to provide high quality service and obtain higher return on investment, information sharing and cooperative decision making become a must...
This paper deals with the target country, market and timing factors potentially influencing the transaction costs of a company in its international ventures, which are used as transaction cost proxies, based on “Determinants of Mobile Network Operators' Choice of Cross-Border Entry Modes”. In addition, they are assigned as corresponding hypotheses in order to test their effect on Zain Telecom's entry...
Todays increased interest in enterprise risk management is motivated by decision making in reaction to change and complex compliance requirements as well as the need to minimize business losses and improve business outcomes. It is therefore important to help business stakeholders become fully aware of applicable risks and their possible impact on other business constituents. This paper represents...
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