Member comment
I agree with this idea.
Because this is a standards-compliant approach, it contains the terminology (i.e., definitions, concept-maps/ERD/Process-Model/Ontology/Value-Chain taxonomy, thesaurus) for the "business-planning and reporting" functions to provide management controls over resources, within a broader organizational management life cycle . It therefore has a good semantics (i.e., structured meaning) base.
It is therefore using a semantically-defined and disciplined metamodel (i.e., data, metadata, data rules), and methodology (i.e., process, business rules). It has a good syntax (data structure and grammar).
It is using a semantically and syntactically defined and disciplined design over an easily accessible and usable technical platform (i.e., Internet and users' browsers). It has a good technology base.
Overall, I would say this is a good solution, semantically, syntactically, and technically. This business-planning and due-diligence-assessment solution's functionality and richness is available for a low cost by US standards.
Comment from
RoyERoebuck
at
One World Information System
on
Apr 30, 2009