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Managing risk for business processes: : A fuzzy based multi-agent system

Published: 20 November 2015 Publication History

Abstract

Risk management for business processes is critical to the survival and performance of organizations, and has gained the interest of practitioners and academics. In this article, a fuzzy based multi-agent system (FMAS) is proposed as a practical solution to assess the process risk state and provide recommendations for the continuous improvement of business processes. To represent uncertain and ambiguous information obtained from experts, fuzzy theory is introduced to the FMAS. A fuzzy neural network is employed to implement an analysis agent capable of detecting the risk state of business processes within a firm. Furthermore, based on the predictions yielded by the analysis agent, the recommendation agent is then able to identify the possible deviations in the inconsistent process and provide suggestions for improvement. The effectiveness of the proposed FMAS is validated by its implementation in nine firms during twelve months, and the results are presented.

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Cited By

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  • (2024)Enabling security risk assessment and management for business process modelsJournal of Information Security and Applications10.1016/j.jisa.2024.10382984:COnline publication date: 1-Aug-2024
  • (2020)Extended Linear Order Statistic (ELOS) Aggregation and Regression2020 IEEE International Conference on Fuzzy Systems (FUZZ-IEEE)10.1109/FUZZ48607.2020.9177595(1-7)Online publication date: 19-Jul-2020

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Published In

cover image Journal of Intelligent & Fuzzy Systems: Applications in Engineering and Technology
Journal of Intelligent & Fuzzy Systems: Applications in Engineering and Technology  Volume 29, Issue 6
The fuzzy system and its application in East Asia
Oct 2015
479 pages
This is an open access article distributed under the terms of the Creative Commons Attribution Non-Commercial (CC BY-NC 4.0) License, which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

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IOS Press

Netherlands

Publication History

Published: 20 November 2015

Author Tags

  1. Multi-agent system
  2. business process
  3. risk management

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Cited By

View all
  • (2024)Enabling security risk assessment and management for business process modelsJournal of Information Security and Applications10.1016/j.jisa.2024.10382984:COnline publication date: 1-Aug-2024
  • (2020)Extended Linear Order Statistic (ELOS) Aggregation and Regression2020 IEEE International Conference on Fuzzy Systems (FUZZ-IEEE)10.1109/FUZZ48607.2020.9177595(1-7)Online publication date: 19-Jul-2020

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