Prescriptive process monitoring based on causal effect estimation

Abstract

Prescriptive process monitoring methods seek to control the execution of a business process by triggering interventions, at runtime, to optimise one or more performance measure(s) such as cycle time or defect rate. Examples of interventions include, for example, using a premium shipping service to reduce cycle time in an order-to-cash process, or offering better loan conditions to increase the acceptance rate in a loan origination process. Each of these interventions comes with a cost. Thus, it is important to carefully select the set of cases to which an intervention is applied. The paper proposes a prescriptive process monitoring method that incorporates causal inference techniques to esti..