INPUT OF ONE FORMAL SYSTEM INTO ANOTHER
Levels of Hierarchical Control System
Formal System has a formal language, composed by symbols (figures) and formulas. They are applied in the financial projects with performance and profitability evaluation in the business plan, including in the risk assessment. The unique software on the 8R-PROГРАМ has been built basis of classic principles of cybernetics — hierarchical structure and feedbacks.
Descriptions of an investment project by the business manager and what the expert / developer has understood of the financial investment capital model 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 eveyon has own logic of thinking. They aree based on verbal commu-nication. He must construct artificial mathematical structures that will lead to the appro-priateness of the words used with their specific meaning as intended. This is algorithmic treatment of thought processes, expressed in words, in order to obtain real life axioms and from there to digital analysis and management.
The description of
Formal Systems
of application in risk assessment by
8R-PROГРАМ
as
an universal product and part of modern financial modeling is presented the Summary.
(Read this carefully if you plan to be permanently involved in controlling cash flows during the loan life)
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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 the energy substance, bearer of information. Those are the 7 Rays, but what about the 8th?
- the most important one:
THE FINAL RESULT OF THE RISK ASSESSMENT
