|EU A/A: 1||Title: Estimation of business risk models|
The EU 1 concerns the creation of the overall framework for risk assessment through appropriate models and computational tools, which will carry out an estimate of the maximum expected potential damage (MADZ) dynamically. The models will be created and configured appropriately in order to be able to dynamically assess the following types of risk:
1. Market risk
The proposed research activity is expected to be a highly innovative framework for the holistic management of risk by businesses. The deliverable is expected to provide a holistic risk management framework, either in a single form or in its individual departments, to make a comprehensible and immediate risk assessment, in the light of the uncertainty of the data entering the System.
|P1.1||Risk Component Estimation Models||M10|
|P1.2||Holistic Risk Model||M18|
|EU A/A: 2||Title : Create a Framework for defining and managing risk assessment models in a business intelligence software system (such as e-Gnosi)|
The EU 2 concerns the creation of a generic Framework for the introduction, evaluation, implementation and presentation of risk assessment models created in the EU15 in the Business Intelligence system (see E-Gnosi) and includes in detail:Design and development of a Framework for defining (definition) risk assessment models in a business intelligence system
The results of the EU-2 will be to create a general framework for introducing risk assessment models into a business intelligence system such as e-Gnosi, receiving, processing and parameterising data, and finally executing them and Presentation of their results to the user. The benefits of the EU-2 are expected to be new integrated and customizable models for assessing and forecasting various components of risk and a new way of presenting and categorisation the risk.
|EU Deliverables (description of expected deliverables and month of delivery|
|P2.1||Design and development of a Framework for the definition of risk assessment models||M14|
|P2.2||Design and development of the system Framework for data capture, processing and configuration||M16|
|P2.3||Plan and develop a Framework for the execution of risk models||M18|
|P2.4||Design and development of a Framework for decision support based on risk assessment results||M20|
|P2.5||Design and development of Framework interfaces (Interfaces) for presentation and evaluation of results||M24|
|EU A/A: 3||Title: Completion of Frameworks developed in Module 2, in a single software platform, and total operation verification (Verification)|
The EU-3 concerns the creation of an integrated business Risk Management Information System (E-GNOSI/Risk) and will take place in the following stages:
The final deliverable of the EU-3 will be an integrated business Risk Management Information System (E-GNOSI/Risk), which will have undergone a thorough check for ease by the end user at all stages of its implementation and validity/ Reliability of the results.This software will be the basis for the subsequent creation of a commercial innovative product (e-GNOSI/Risk) which will target all Greek companies that keep books C category (approx. 26,000). At this point in time, there is no equivalent Greek product, which addresses the problem of risk management. From this and only the fact easily arises the importance of the project both for the company (New market, solution innovation, pioneering in implementation, good export prospects) but for our country (value added product for enterprises, Import replacement).
|EU Deliverables (description of expected deliverables and month of delivery)|
|P3.1||Implementation of an integrated business Risk management Information System||Μ30|
|P3.2||Evaluation and control of software operation||Μ32|
|P3.3||Optimization-final Software E-Gnosi/Risk||M36|
|EU A/A: 4||Title: Publicity and valorisation actions, project management|
The effective and accurate management of the project, which will ensure the timely completion of the lowest possible risk, is the first objective of the EU-4. A second important objective is the co-ordinates actions to exploit the results of the project, so for this purpose, a series of actions are foreseen:Creation of a website on the site of TWIN-NET, describing the project
Effective management of the project, which will ensure its timely completion.
Also the promotion activities of the produced project are expected to increase the public concerned for the acquisition of the software. Finally, an assessment will be made of the expected economic and/or social impacts from the implementation of the project and the possibility of the project’s results will be investigated.
|EU Deliverables (description of expected deliverables and month of delivery).|
|P4.1||Report author||M12, M24, M36|
|P4.2||Create a project webpage||M6|
|P4.3||Intellectual property rights||M34|
|P4.4||Valorisation actions||M33, M35|
|P4.5||Project Management Report||M36|