Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: The Decision Model and business rules
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > The Decision Model and business rules
Business Intelligence

The Decision Model and business rules

JamesTaylor
JamesTaylor
4 Min Read
SHARE

Copyright © 2009 James Taylor. Visit the original article at The Decision Model and business rules.

Syndicated from ebizQ

The new book from Barb von Halle and Larry Goldberg, The Decision Model: A Business Logic Framework Linking Business and Technology, is now available. This book outlines an approach for capturing and managing the business rules you need to understand in order to implement a Decision Service. It complements the use of a business rules management system as it is a modeling approach for rule analysis and design. It has some nice features, not least a set of rules for checking your decision model for completeness and validity.

More Read

In A Down Economy, Companies Turn To Real-Time Analytics To Track Demand — Forecasting Demand
First Look: Decisions
How Artificial Intelligence Can Improve Your Fundraising Efforts
3 Big Data Technology Blunders You Must Avoid
Securing the Digital Frontier: Effective Threat Exposure Management

I wrote a chapter for the book on how the Decision Model complements a more general Decision Management approach. While not every decision for which the Decision Model is relevant is also relevant to Decision Management, many will be. The use of the Decision Model with Decision Management is very similar to use of Entity Modeling with Information Management – the Decision Model will help ensure you write the correct rules as you implement your decisions. The power of the Decision Model to help business users understand how decisions …



Copyright © 2009 James Taylor. Visit the original article at The Decision Model and business rules.

Syndicated from ebizQ

The new book from Barb von Halle and Larry Goldberg, The Decision Model: A Business Logic Framework Linking Business and Technology, is now available. This book outlines an approach for capturing and managing the business rules you need to understand in order to implement a Decision Service. It complements the use of a business rules management system as it is a modeling approach for rule analysis and design. It has some nice features, not least a set of rules for checking your decision model for completeness and validity.

I wrote a chapter for the book on how the Decision Model complements a more general Decision Management approach. While not every decision for which the Decision Model is relevant is also relevant to Decision Management, many will be. The use of the Decision Model with Decision Management is very similar to use of Entity Modeling with Information Management – the Decision Model will help ensure you write the correct rules as you implement your decisions. The power of the Decision Model to help business users understand how decisions are made, what rules are required and to check those rules for completeness and consistency adds tremendous value. Modeling rules during the requirements gathering approach, as I have noted before, requires that they be considered separately from the rest of your requirements and the Decision Model provides a way to do that. Decision Management also provides a well defined approach for taking the Decision Model and putting it into production using production business rules management systems and sophisticated analytics in combination, something essential for risk-based and opportunity-based decisions like fraud detection, credit, marketing, retention and more.

The Decision Model page on KPI’s website has some nice resources including a primer on the approach. I highly recommend both the book and the approach.

I am at the Business Rules Forum this week. I will be acting as co-chair so there won’t be live blog posts from sessions but I will write a wrapup for each day.


Link to original post

TAGGED:business rules
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

protecting patient data
How to Protect Psychotherapy Data in a Digital Practice
Big Data Exclusive Security
data analytics
How Data Analytics Can Help You Construct A Financial Weather Map
Analytics Exclusive Infographic
AI use in payment methods
AI Shows How Payment Delays Disrupt Your Business
Artificial Intelligence Exclusive Infographic
financial analytics
Financial Analytics Shows The Hidden Cost Of Not Switching Systems
Analytics Exclusive Infographic

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Decision Management versus Business Rules

5 Min Read

Risk by risk – a decision-centric approach to risk management

4 Min Read

The Fallacy of the Data Scientist Shortage

8 Min Read

Flexible yet permanent – the power of business rules

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?