Levels of Hierarchical Control System

Formal System is one which has a formal language, composed by symbols like figures and formulas. They are applied in the financial projects with performance and profitability evaluation in the business plan and unconditionally in the risk assessment. The unique software 8R-PROГРАМ has been built on the basis of modern principles of cybernetics —hierarchical structure and feedbacks.

Descriptions of an engineering investment project by business manager M and what the expert E – developer has understood of the financial investment capital model and insurance, has understood is a game of verbal communications that almost never achieves sufficient adequacy. The main reason is the psychological treatment of the object and the logic of its development because each of us has its own logic of thinking. The most sensitive on this topic are the financial risk analyzes, which are based entirely on verbal communication, which is informed by the E-evaluator. He must construct artificial mathematical structures that will lead to the appropriateness of the words used with their specific meaning as intended. This is algorithmic treatment of thought processes, expressed in words, in order to obtain reallife axioms and from there to digital analysis and management.

Theory of Formal Systems and its application in quantitative risk assessment by 8R-PROГРАМ as a universal product and part of modern financial modeling is presented in as an expanded format of this Summary.

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The logo, Star of Ishtar, has eight rays. Each represents a distinctive type of vital energy from the Multiverse. The concept of the Seven Mystical Cosmic Rays has existed since at least 650 BCE. Greek, Hindu, Vedic, Egyptian, Chinese, Persian, and Babylonian cultures all had versions of it. The rays are the major types of energy substance, bearer of information. Those are the Seven Rays, but what about the 0/8th?