Goal-Oriented Decision Modeling with Openrules: A Practical Guide for Development of Operational Business Decision Models Using Openrules and Excel

By Dr Jacob Feldman

Nowadays Business Decision Modeling is one of the major technological and methodological approaches that support decision making processes across a wide range of business problems from loan origination and insurance underwriting to clinical guidelines and product recommendations. Business decision modeling is oriented to subject matter experts who build and maintain operational decision models incorporated into modern enterprise architectures. This guide explains how to create and maintain operational decision models for your own business environment in a step-by-step easy to understand style. It consists of a series of dialog-sessions in which an AUTHOR explains major concepts and a READER asks questions and implements the concepts. As a result, you will participate in building complete decision models being able to learn practical decision modeling techniques by example. Starting with a simple decision model, you will learn how to represent more complex decision logic using more and more complex examples. You will end up with a deep understanding of practical decision modeling methods and even learn how to build and use domain-specific libraries of decision models. The guide is based on the Goal-Oriented Approach that provides an intuitive and simple way for building decision models. Starting with high-level business goals and subgoals, you will be able to represent their business logic using Excel-based decision tables, create and executes test cases, and analyze produced decisions. The guide is accompanied by open source software commonly known as "OpenRules." Along with the software, you will be able to download, execute and analyze all considered decision models yourself directly in Excel. You can make changes in any provided decision model or create and execute your own decision model. www.OpenRules.com

• Format: Paperback
• Language: English
• ISBN: 1794498699
• ISBN13: 9781794498693
• Release Date: February 2019
• Publisher: Independently Published
• Length: 166 Pages
• Weight: 0.55 lbs.
• Dimensions: 0.4" x 6.0" x 9.0"