Friday, January 3, 2020

The Modelling Process And How It Helped With Risk Management

Explain the modelling process and how it helped with risk management It is important to understand that you go through a set process of making multiple mock-ups of your product you are developing to a final stage this helps because there is a risk making your final product without any sort of trial and error for example if you decide to make a fitness application and figure out that the template and sort of arrangement doesn’t look good then you will have to go back into the code and fix it which in turn will make you face even more errors therefore wasting a lot of time and even money. But in order to counter this situation like this if the person had of made a Photoshop copy then he would of seen that his app maybe doesn’t look that visually appealing and that would also help looking at the overall feel of that application which will in turn help figure out any more errors in the application and areas to improve upon. This strategy of technology modelling will greatly reduce the risk of you getting stuck in any sticky situation therefo re saving time and taking worry of your shoulders. Experiences of Technological Modelling for me I have also have gone through similar process during the Initial brief assessment and prototype development. During the initial brief assessment we had to go through the basic technological modelling process to come out with fully developed initial brief for an application or a website in this case my browser but during thisShow MoreRelatedFlood Risks And Its Effects On Human Beings1491 Words   |  6 Pagesthese debates have always been revolving around the risks associated with floods such as health related problems, infrastructure, the socio-economic wellbeing of the affected individuals and the damage it has on the archeological relics. As a result, there have been developed methods for evaluating and assessing the amount of these flood risk in various fields such as insurance, environmental and the technological fields. Using these methods, floods risk is usually measured depending on its likelihoodRead MoreA Brief Note On Floo ds And Its Effects On Human Beings1610 Words   |  7 Pagesthese debates have always been revolving around the risks associated with floods such as health related problems, infrastructure, the socio-economic wellbeing of the affected individuals and the damage it has on the archeological relics. As a result, there have been developed methods for evaluating and assessing the amount of these flood risk in various fields such as insurance, environmental and the technological fields. Using these methods, floods risk is usually measured depending on its likelihoodRead MoreStrategic Planning And The New Zealand Government Legislation Essay2769 Words   |  12 Pagesspecializes in developing and marketing computer hardware systems and enterprise software products – particularly its own brands of database management systems. The company also builds tools for database development and systems of middle-tier software, enterprise resource planning (ERP) software, customer relationship management (CRM) software and supply chain management (SCM) software. Oracle is the largest business software and hardware company in the world, with more than 3lakh customers and supportsRead MoreFramework For Modelling Cyber Insurance Market Essay969 Words   |  4 Pages2.3 : Framework for modelling cyber-insurance market Through this framework, it can be observed that this framework is more technical that the aforementioned framework. This framework shows how risk are being transferred from the environment to the agents and finally, to the insurer. This model encompasses two natural components, that correspond to the demand from the agents and supply from the insurers. The network environment is controlled by nodes and utility and risk are exchanged with demandRead MoreThe Plan Of An Insurance Policy1496 Words   |  6 Pagesearlier, taking insurance policy is a way to help maintain the risk of cyber attacks at an acceptable level. The plan in figure 2.2 shows an insurance decision plan of action. This plan of action is crucial in illustrating how insurance can help in maintaining the risk. The first step taken in the plan of action is conducting a thorough audit of the current information on security risks, which can be conducted during the assessment of risk process in the framework, after, the company will assess the currentRead MoreData and Technology in Business1053 Words   |  4 PagesData and Technology The successful companys activities (management) are related to collection, storage, and analysis and interpreting data. The purpose of data collection is to get hold of information and to continuously record and to make decisions on key issues. Data collection is the storage of data and prepare for the future process. Moreover, every piece information is a valuable resource in business, such as cost of production, share prices and exchange rates, company reports and market researchRead MoreConstruction Project Essay1536 Words   |  7 Pagescan benefit greatly from new technology, which can be used to improve the efficiency of almost every area of a project, from planning through to build and completion. For example, emerging 3D BIM modelling can enhance project planning and materials acquisition. Building information modelling is a process for ‘creating and managing project information’ and allows those planning and running projects to see a ‘digital description’ of each aspect of the build which can then be linked to key informationRead MoreThe Study Of Cod Fishery Management Systems Within Canada Incorporated Heincken s Population Approach And Bio Economic System2364 Words   |  10 PagesIntroduction A paper published in 1898 by the Freidrich Heincke, a German fisheries biologist, influenced biologists to consider the population as the unit of study instead of the species. Insights from the Heincke’s paper helped to cultivate the influential quantitative methodology to distinguish marine fish populations. The application of statistical methods and quantification techniques in marine biology contributed to the generation of an enormous amount of knowledge related to fisheries. TheRead MoreIntroduction. Predictive Analytics Is Quantitative Analysis1371 Words   |  6 Pagesexample, SAP Predictive Analytics can help make sense of big data and the Internet of Things by building predictive analytics models to identify unforeseen opportunities, better understand customers, and uncover hidden risks. Analysts must transform data into a format that is easy to process for the analytical engines, before building a predictive model. Traditionally this was done by developing scripts and algorithms manually and then applying these to the data. Before SAP Predictive Analytics, this wasRead MoreThe Benefits of the Use of the Computers in the Environment1425 Words   |  6 Pagesto monitoring all environmental effects. Because the development of computers has been largely the work of scientists, it is natural that a large body of computer applications serves the scientist and the field of science. Computers have not only helped in increasing awareness amongst the environmental issues, but have also made the research and the development of various diagnostic and prevention methods, easy and cost effective. Environmental pollution can take many forms. However, its impact on

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.