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- Title
MODELING A BUSINESS INTELLIGENCE SYSTEM FOR INVESTMENT PROJECTS.
- Authors
CAIA, Flavia; NĂSTASE, Pavel
- Abstract
The phases of evaluation and selection of investment projects require marketing, technical and financial information analysis before the decisions are made. In order to meet strict legal environmental and fiscal regulations it is necessary to assess the environmental and social impact. These analysis may indicate alternative sites, models, technologies, and methods of implementation as solutions for executing the project, which often involve higher costs, and cause delays in the feasibility analysis and project selection. The purpose of this empirical research is to reduce the effort and duration of the selection and evaluation of projects and project portfolio optimization, increasing the efficiency and accuracy of budget implementation and controlling in accordance with the investment strategy of the company. The results consist of a set of requirements for a specific business intelligence system, designed to improve the operational flow and the performance of the planning process, and an analysis of significant factors underlying performance differences between projected and actual achievements, to define the parameters of the model.
- Subjects
BUSINESS intelligence; INVESTMENTS; PROJECT management; DECISION making; BUDGET; ECONOMIC competition; MATHEMATICAL models
- Publication
Economic Computation & Economic Cybernetics Studies & Research, 2015, Vol 49, Issue 2, p1
- ISSN
0424-267X
- Publication type
Case Study