Abstract. Predictive business process monitoring methods exploit logs of completed cases of a process in order to make predictions about running cases thereof. Existing methods in this space are tailor-made for specific prediction tasks. Moreover, their relative accuracy is highly sensitive to the dataset at hand, thus requiring users to engage in trial-anderror and tuning when applying them in a specific setting. This paper investigates Long Short-Term Memory (LSTM) neural networks as an approach to build consistently accurate models for a wide range of predictive process monitoring tasks. First, we show that LSTMs outperform existing techniques to predict the next event of a running case and its timestamp. Next, we show how to use models for predicting the next task in order to predict the full continuation of a running case. Finally, we apply the same approach to predict the remaining time, and show that this approach outperforms existing tailor-made methods.
Predictive business process monitoring methods exploit historical process execution logs to generate predictions about running instances (called cases) of a business process, such as the prediction of the outcome, next activity or remaining cycle time of a given process case. These insights could be used to support operational managers in taking remedial actions as business processes unfold, e.g. shifting resources from one case onto another to ensure this latter is completed on time. A number of methods to tackle the remaining cycle time prediction problem have been proposed in the literature. However, due to differences in their experimental setup, choice of datasets, evaluation measures and baselines, the relative merits of each method remain unclear. This article presents a systematic literature review and taxonomy of methods for remaining time prediction in the context of business processes, as well as a cross-benchmark comparison of 16 such methods based on 16 real-life datasets originating from different industry domains.
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