Posted by: Robert Davis
Compliance Management, Control System, Decision Support Systems, Decision Techniques, DSS, Game Theory, Information System, Linear Programming, Operations Research, Word Processing Software
Information asset value is continuously increasing in this information age due to integration into decision-making processes. Compliance decisions are of high visibility, often offer immediate results, tend to be goal focused, and are directive. Although there are various techniques that can be applied to compliance decision types, the final disposition is judgmental. Normally, IT processes can be adapted to support judgmental decisions through the utilization of engineered processes. In order to ensure robustness for the intended application, DSS models must pass three tests: relevance, accuracy, and aggregation. Relevance is measured by the alignment of the condition to the problem. Yet, depending on the decision being made, accuracy can vary. While, aggregation permits grouping of a number of individual quantities into a larger quantity.
“View Part I of the Compliance through Automation: Decision Support Systems series here“