Process Model Forecasting Using Time Series Analysis of Event Sequence Data

• URL: http://arxiv.org/abs/2105.01092v1
• Date: Mon, 3 May 2021 18:00:27 GMT
• Title: Process Model Forecasting Using Time Series Analysis of Event Sequence Data
• Authors: Johannes De Smedt, Anton Yeshchenko, Artem Polyvyanyy, Jochen De Weerdt, Jan Mendling
• Abstract summary: We develop a technique to forecast the entire process model from historical event data. Our implementation demonstrates the accuracy of our technique on real-world event log data.
• Score: 0.23099144596725568
• License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
• Abstract: Process analytics is the field focusing on predictions for individual process instances or overall process models. At the instance level, various novel techniques have been recently devised, tackling next activity, remaining time, and outcome prediction. At the model level, there is a notable void. It is the ambition of this paper to fill this gap. To this end, we develop a technique to forecast the entire process model from historical event data. A forecasted model is a will-be process model representing a probable future state of the overall process. Such a forecast helps to investigate the consequences of drift and emerging bottlenecks. Our technique builds on a representation of event data as multiple time series, each capturing the evolution of a behavioural aspect of the process model, such that corresponding forecasting techniques can be applied. Our implementation demonstrates the accuracy of our technique on real-world event log data.

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