What is the Consistent Scaling Method? What is Consistent Scaling?Consistent scaling involves applying one scaling factor per data point (e.g., per row) across several columns. This method is particularly useful…
Using Conditional Probability in SQL for Fraud Detection Probability concepts, such as conditional probability and Bayes' Theorem, are widely used in real-world applications like fraud detection, risk assessment, and recommendation…
Process Mining (PM) stands out in business process management by using a process-centric approach to analyze digital and textual data through business mining applications, aiming to discover and improve business processes based on extensive data analysis, including newer machine learning techniques applied to social media content (van der Aalst, 2012; Revina & Aksu, 2023).
"Business analysis projects are fraught with risks, notably from stakeholders who may miscommunicate their needs or resist change, potentially leading to misguided goals and disappointing outcomes."
"Business analysis often faces criticism for delivering impractical solutions, leading to a necessary focus on defining clear performance measures to assess its real impact on organizations."
This essay delves into the concept of process mining from a data-centric perspective, exploring how organizations utilize event logs and other data types to uncover actual business processes and the challenges that deter wider adoption.
The Public Management Training Center embarked on a project to enhance managerial capabilities by overhauling its business processes, a project in which I was actively involved. Through a comprehensive plan, we aimed to improve operational performance and customer satisfaction by documenting current processes, redesigning organizational structures, and implementing strategic enhancements."