IMPROVED ENERGY BUDGETING PROCESS USING MEASUREMENT AND VERIFICATION PRINCIPLES

Cooperation in the Budgeting Process

In this article I analyze the role of cooperation between firm divisions in the budgeting process. I study a setting in which cooperation is a necessary condition for information sharing among division managers, which in turn benefits the principal. The results in this article can help reconcile the differing views between practitioners and academic researchers on the desirability of cooperatio...

Return on Security Investments - Design Principles of Measurement Systems Based on Capital Budgeting

IT-security has become a key topic for nearly every company nowadays. To safeguard security, investments in technical and organizational infrastructures have to be made. The efficiency and effectiveness of these investments can often be hardly determined due to the invisibility of their benefits. When implementing IT-security measures, the predicted outcome, e.g. prevented losses, is uncertain ...

Design of Oil Refineries Hydrogen Network Using Process Integration Principles

This paper describes the application of process integration principles to the design of oil refineries hydrogen network. In this regard, a design hierarchy as well as heuristics and required guidelines are proposed. The recommended rules compensate lack of procedure to the design and make the design process easier. The guiding principles of the design are based upon pinch technology and ext...

Improved Process Retrieval Using Process Ontologies

Energy Consumption Analysis and Verification using CiaoPP

Energy consumption and the environmental impact of computing technologies have become important concerns. There is increased demand for complex computing systems which have to operate on batteries or harvested energy, such as implantable/portable medical devices, space systems, mobile phones, and other Internet of Things devices. At the same time, energy consumption is also an important problem...