A Framework for Knowledge-based Management Model on Decision-Making

Abstract

Knowledge management (KM) is suggested as a method to manage and apply knowledge for business management. In this paper, we suggest a framework based on OPF (Open Process Framework) meta model for the knowledge-based decision-making. Based on the modeling method of OPF, we can translate partial and implicit knowledge resident in an individual's mental model into organized explicit knowledge. The demonstration steps of the organized knowledge model enable decision-makers to understand the structure of the target problem and identify the basic cause of it, which facilitates effective decision-making. Finally, we study knowledge management behaviors during decision making.

Control Procedures Support System of Investment Project in the Fuel and Energy Complex on the Basis of Self-Organizing Maps

“…To provide support in decision-making on management of investment processes at the enterprise the information and analytical system of modeling of investment processes on the basis of methods of simulation modeling and neural network technologies is developed [9][10][11][12].…”