Evaluation Chains

Keywords: Enterprise Strategic Management

Affiliation: DHBW Mannheim

Area of Application

The project will implement Evaluation Chains in the Open Model Initiative to deliver a tool for their practical application. The concept of Evaluation Chains has been developed to support the analysis of complex economic situations and been applied first to the accessment of enterprise modelling. This is already supported with reference models. Contrasting to other models like balanced scorecards and models from decision theory evaluation chains comprise the estiamation and the controlling phase of the evaluation.

Abstract

Enterprise Modelling is a complex long-term activity requiring an adequate planning and monitoring. Evaluation Chains have been created just for this purpose and provide an overview of the crucial factors and intermediate results to reap rich profits from Enterprise models.