Balanced scorecards have been around for many years. It is considered a great tool in summarizing and implementing overriding goals and objectives of businesses that stem from their strategic planning processes. Balanced scorecards define the strategies and the corresponding qualitative and quantitative measures that determine whether the business is attaining general and specific objectives. For [...]
Archive for the ‘Computers And Technology’ Category
Collaboration and Process Modelling in Engineering and Business – Research Implementation
An example was created of a cube to be manufactured is provided to illustrate the structure and process for creating the ontology, model, and visualisation/representation used for the 3 step translation process. This example was small enough to illustrate the whole three step process, with screenshots.The cube model, as for all the engineering/process models was [...]
Collaboration and Process Modelling in Engineering and Business – Research Methodology
MethodologyManagement of ontologies and models built from them is essential for understanding and managing complicated systems. This also improves the likelyhood for projects to be successful. Breaking down a complex systems engineering project into modular sub systems ensures that if project failure looks too likely it is possible to backtrack one step, rather than rstart [...]
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