IDEAS home Printed from https://ideas.repec.org/a/srs/jarm00/v8y2017i1p5-13.html
   My bibliography  Save this article

Bayesian Process Networks An Approach to Systemic Process Risk Analysis by Mapping Process Models onto Bayesian Networks

Author

Listed:
  • Hardy OEPPING

    (Jade University of Applied Sciences Germany)

Abstract

This paper presents an approach to mapping a process model onto a Bayesian network resulting in a Bayesian Process Network which will be applied to process risk analysis Exemplified by the model of Event driven Process Chains it is demonstrated how a process model can be mapped onto an isomorphic Bayesian network thus creating a Bayesian Process Network Process events functions objects and operators are mapped onto random variables and the causal mechanisms between these are represented by appropriate conditional probabilities Since process risks can be regarded as deviations of the process from its reference state all process risks can be mapped onto risk states of the random variables By example we show how process risks can be specified evaluated and analyzed by means of a Bayesian Process Network The results reveal that the approach presented herein is a simple technique for enabling systemic process risk analysis because the Bayesian Process Network can be designed solely based on an existing process model

Suggested Citation

  • Hardy OEPPING, 2017. "Bayesian Process Networks An Approach to Systemic Process Risk Analysis by Mapping Process Models onto Bayesian Networks," Journal of Advanced Research in Management, ASERS Publishing, vol. 8(1), pages 5-13.
  • Handle: RePEc:srs:jarm00:v:8:y:2017:i:1:p:5-13
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:srs:jarm00:v:8:y:2017:i:1:p:5-13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Claudiu Popirlan (email available below). General contact details of provider: http://journals.aserspublishing.eu/jarm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.