Value engineering with e3value and EAAT Margus Välja 2014
Outline
• Research motivation • Value networks with e3value • Probabilistic value networks
• Why • The method • Interpreting results
Research motivation: why value networks?
The project: evaluating business ideas in Stockholm Royal Seaport
Research motivation: why value networks
We need a formal approach to evaluate business scenarios. We want to analyze risk/profitability outside the formal boundary of a single organization.
E3value
• A graphical approach to model a value network • Uses simple arithmetics in the background • Use cases used to define calculation logic
http://e3value.few.vu.nl/
E3value ontology
2014-04-10
Aktör Värde- objekt
Värde- Port (in eller ut (Pil))
Värdeinterface (samlar erbjudandet Och vad som aktören vill ha i retur)
Marknads- segment
Värde- aktiviteter
Probabilistic approach
The problem with incomplete data and prediciting the future. For example: Money for selling a house: 20 -25 million (20% difference) Number of ride sharing passengers 5-25%
Probabilistic approach: EAAT tool
Based on UML and OCL with an inference engine.
www.ics.kth.se/EAAT
Conclusion
• The lack of knowledge may have a negative impact on the quality of the analysis outcomes
• Our approach is a viable alternative to mean value based analysis and shows risk