VR-PMS: a new approach for performance measurement and management of industrial systems
TypeArticles dans des revues avec comité de lecture
A new performance measurement and management framework based on value and risk is proposed. The proposed framework is applied to the modelling and evaluation of the a priori performance evaluation of manufacturing processes and to deciding on their alternatives. For this reason, it consistently integrates concepts relevant to objectives, activity, and risk in a single framework comprising a conceptual value/risk model, and it conceptualises the idea of value- and risk based performance management in a process context. In addition, a methodological framework is developed to provide guidelines for the decision-makers or performance evaluators of the processes. To facilitate the performance measurement and management process, this latter framework is organized in four phases: context establishment, performance modelling, performance assessment, and decision-making. Each phase of the framework is then instrumented with state of-the-art quantitative analysis tools and methods. For process design and evaluation, the deliverable of the value- and risk-based performance measurement and management system (VR-PMS) is a set of ranked solutions (i.e. alternative business processes) evaluated against the developed value and risk indicators. The proposed VR-PMS is illustrated with a case study from discrete parts manufacturing but is indeed applicable to a wide range of processes or systems.
Showing items related by title, author, creator and subject.
SHAH, Liaqat Ali; ETIENNE, Alain; SIADAT, Ali; VERNADAT, François (Springer US, 2014)A value-risk based decision-making tool is proposed for performance assessment of manufacturing scenarios. For this purpose, values (i.e. qualitative objective statements) and concerns (i.e. qualitative risk statements) ...
SHAH, Liaqat Ali; ETIENNE, Alain; SIADAT, Ali; VERNADAT, François (Elsevier BV, 2018)Information visualization is a key component of many decision support tools in sciences and engineering. Graph is a visual construct that is widely used to model information for visualization. In this paper, a value-risk ...
SHAH, Liaqat; ETIENNE, Alain; SIADAT, Ali; VERNADAT, François (2012)A value/risk -based performance evaluation framework is proposed in the context of manufacturing processes at the industrialization phase of product development. Various risk factors of the manufacturing process are ...
SHAH, Liaqat A.; ETIENNE, Alain; SIADAT, Ali; VERNADAT, François (Informa UK Limited, 2016)A process-oriented risk assessment methodology is proposed. Risks involved in a process and the corresponding risk factors are identified through an objectives-oriented risk identification approach and evaluated qualitatively ...
Comprehensive Performance Expression Model for Industrial Performance Management and Decision Support LI, Fan; ETIENNE, Alain; VERNADAT, François; SIADAT, Ali (Elsevier BV, 2018)Due to proliferation of evaluation criteria and decision data overflow in nowadays fluctuating industrial environments, it is necessary to build a holistic, easy-to-use and efficient methodology for performance evaluation ...