Glossary

AML stands for Anti Money Laundering

The Process Flow Identifier (PFI-KEY) must exists (not NULL) and is a String or a Number.

The Step Name (SN-KEY) must exists (not NULL) and is a String or a Number.

The Timestamp (T-KEY) must exists (cannot be NULL)

The tuple (PFI-KEY, SN-KEY, T-KEY) must be unique

CRISP-DM stands for “Cross-Industry Standard Process for Data Mining” and is a widely-used methodology for data mining and predictive modeling

This is the time spent to execute the global process.

DCP stands for Data Collection Plan and aims to describe how to gather the data needed for the further analysis

DMAIC stands for Define, Measure, Analyze, Improve and Control and is a data-driven improvement methodology used to improve, optimize and stabilize business processes.

A DQA (Formally Data Quality Assessment) is a procedure or technique to examine and analyze data to create valuable summaries of it. It used to be the classical first part of each – good – Data Integration Project. The DQA provides its results on real data, that means the solution reads all the data (and …

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DQA stands for Data QUality Assessment. The purpose is to check the Data QUality and provides Data Quality reports accordingly.

The “Happy path”  is the process as it should be performed when there are no technical or business exceptions. Most of the time this Process flow is quite linear just a sequence of actions without a complex logic).

KYC stands for Know Your Customer

This is time to satisty the customer request (can be a part of the process). Wikipedia defines it as “the latency between the initiation and completion of a process”

Order To Cash Process

P2P stands for Procure to Pay Process

Process Identifier Key This field identifies a Process flow instance among the others.

PQA stands for Process Quality Assessment and aim to check the business validity of the process.

A Process Variation (or deviation) is a process flow that differs from the original process design or purpose.

Step Name Key (Or event Name) This field identifies an Process Step into a Process flow.

The standard deviation is a measure of the amount of variation or dispersion of a set of values. A low Standard Deviation indicates that the values tend to be close to the mean (also called the expected value) of the set, while a high Standard Deviation indicates that the values are spread out over a wider range. (Wikipedia)

Timestamp Key This field (Date + Time) specifies when a Process Step occurs in a Process Flow Instance.

This is the Total available production time divided by the average customer demand. This is “the required product assembly duration that is needed to match the demand” (Wikipedia)