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18th International Conference
on Informatics in Economy
30-31 May 2019
Bucharest, Romania
Progressive Management Methodology
for Real-Time Business Intellignece
Decision Systems
Cristian Păuna
Economic Informatics Doctoral School
Bucharest University of Economic Studies
Email: cristian.pauna@ie.ase.ro
Phone: +407.4003.0000
This paper was co-financed by Algorithm Invest company (algoinvest.biz)
18th International Conference
on Informatics in Economy
30-31 May 2019
Bucharest, Romania
Progressive Management Methodology
for Real-Time Business Intellignece
Decision Systems
Cristian Păuna
Economic Informatics Doctoral School
Bucharest University of Economic Studies
Email: cristian.pauna@ie.ase.ro
Phone: +407.4003.0000
This paper was co-financed by Algorithm Invest company (algoinvest.biz)
Progressive Management Methodology for
Real-Time Business Intellignece Decision Systems
This Paper presents:
●The reality of 60% failure
of BIS project implementations
●Progressive Management
Methodology (ProgressM)
●to improve the failure factor
●for real-time BIS projects
●including automated
decisions software (BIDS),
●A methodology tested since 14
years on real-time financial BIS
It was found:
●ProgressM methodology works
for every BIS implementation
●ProgressM can be used to
manage any large scale project
●ProgressM is more than Agile
●ProgressM avoids the failure
●ProgressM controls and reduces
the project implementation time
●ProgressM manages the global
progressive steps for any BIDS
This paper was co-financed by Algorithm Invest company (algoinvest.biz)
ProgressM
progressive management methodology
Three basic principles:
1. Any action must be accompanied by
the necessary and sufficient resources
2. The progress in any activity comes from
small, multiple, complete and consecutive steps
3. Unplanned interactivity between components
must be followed by control keys and points
This paper was co-financed by Algorithm Invest company (algoinvest.biz)
1. Any action must be accompanied by
the necessary and sufficient resources
because
the lack of resources is a real and significant failure factor
here, by resources it means:
appropiate technical resources,
adequate informational real-time data resources,
and sufficient financial and human resources.
This paper was co-financed by Algorithm Invest company (algoinvest.biz)
2. The progress in any activity comes from
small, multiple, complete and consecutive steps
because
to gain a competitive advantage a BIS has to
integrate new, unique or individualized ideas
which implies unknown algorithms or solutions.
Any BIS component will be divided in
multiple, small, complete and consecutive steps,
and each step will be solved by individualised
methods or algorithms.
The components can be developped
in paralel using any known flexible methodology.
This paper was co-financed by Algorithm Invest company (algoinvest.biz)
3. Unplanned interactivity between components
must be followed by control keys and points
In order to measure the progress of each step,
the methodology will insert key factors and
check points in the logical diagram of the BIS project.
These keys will be measured in real-time
to qualify the design and implementation process
even each step has its own solving methodology.
New technologies produce new requirements for BIS.
Once the new requirements are delivered and they can be
sustained by new resources also produced by the BIS itself,
new requirements for the BIS will be asked for the future.
This is called Progressive Management Methodology,
on short ProgressM.
This paper was co-financed by Algorithm Invest company (algoinvest.biz)
The logical of ProgressM
This paper was co-financed by Algorithm Invest company (algoinvest.biz)
The logical of ProgressM
This paper was co-financed by Algorithm Invest company (algoinvest.biz)
ProgressM steps for BIDS
This paper was co-financed by Algorithm Invest company (algoinvest.biz)
Conclusions
This paper was co-financed by Algorithm Invest company (algoinvest.biz)
●ProgressM is a reliable project management methodology
●which can be used in order to manage large scale projects
●including BIS with real-time automated decision systems.
●
●ProgressM is succesfully appilied since 14 years on large BIS
●ProgressM permits flexibility for each BIS software components
●ProgressM integrates all components into a logical structure
●ProgressM uses key factors and check points to control the project
●
●ProgressM manages evolutive cycles for time scale BIS development
Thank you!
This paper was co-financed by Algorithm Invest company (algoinvest.biz)
Progressive Management Methodology
for Real-Time Business Intellignece
Decision Systems
Cristian Păuna
Economic Informatics Doctoral School
Bucharest University of Economic Studies
Email: cristian.pauna@ie.ase.ro
Phone: +407.4003.0000