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Application of PRIME-method for Managing Business Processes in a Company


  • Ustenko Stanislav V.

    () (Kyiv National Economic University named after. V. Getman)

  • Pomazun Oksana N.

    () (Kyiv National Economic University named after. V. Getman)


The problem of scientific justification of coice, for example, with the use of tools of economic and mathematical modelling, stays insufficiently studied. At the same time, application of the mechanism of mathematical modelling could significantly improve the quality of the decision making. The article considers modelling of the process of decision making on selecting an information system of organisational planning and managing business processes with the use of PRIME-method. It builds a mathematic model of the task of selection of the information system and conducts analysis of the obtained results in accordance with the main provisions of the PRIME-method. In future, application of other criteria of the rules of decisions and identification of the weight of rating assessments and their analysis could be studied. The use of the PRIME-method could be expanded to making group decisions.

Suggested Citation

  • Ustenko Stanislav V. & Pomazun Oksana N., 2013. "Application of PRIME-method for Managing Business Processes in a Company," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 5, pages 77-86.
  • Handle: RePEc:idp:bizinf:y:2013:i:5:p:77_86

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    References listed on IDEAS

    1. Manthos D. Delis & K. Christos Staikouras & Panagiotis T. Varlagas, 2008. "On the Measurement of Market Power in the Banking Industry," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 35(7-8), pages 1023-1047.
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