uncertainties in industrial environments can cause considerable complexities, during the implementation and management of projects. so, performing a risk management model in such environments has become inevitable. in such circumstances, many risk management models have been introduced in literature, which majorities of them are general, while some of them are developed to be applied to specifi...

As extensive experimental research has shown that individuals suffer from diverse biases in decision-making. In our paper we analyze the effects of decision-making biases of managers in collaborative decision processes on organizational performance. The analysis employs an agent-based simulation model which is based on the NK model. In the simulations, managerial decisions which are based on di...

This paper studies some aspects of information-based complexity theory applied to estimation, identification, and prediction problems. Particular emphasis is given to constructive aspects of optimal algorithms and optimal information, taking into account the characteristics of certain types of problems. Special attention is devoted to the investigation of strongly optimal algorithms and optimal...

Applying performance models to evaluate component-based enterprise applications in practice is becoming more and more difficult with an increasing organizational complexity. Components can be governed by different organizational units, are subject to a continuous shift between life cycle phases, and exhibit diverging release levels. Creating and maintaining performance models based on the compo...

DEMO (design and engineering methodology for organization) is a theoretically grounded methodology for rigorous enterprise modeling. It provides relevant concepts from a construction perspective. As the methodology gains a wider audience, there is a growing interest in simulating DEMO models. Most attempts to develop a simulation approach for enterprise models in general, and the DEMO methodolo...

An agent-based model for firms’ dynamics is developed. The model consists of firm agents with identical characteristic parameters and a bank agent. Dynamics of those agents is described by their balance sheets. Each firm tries to maximize its expected profit with possible risks in market. Infinite growth of a firm directed by the “profit maximization” principle is suppressed by a concept of “go...

the performance of organizational projects has an eminentrole in successfully implementing strategies. this is especially importantin project-based organizations whose business is projects. parentorganization as one of the groups that determines projects’ success andfailure has various functions regarding its projects. identifying thesefunctions develops literature on project-based organization...