AI in Loan Adjudication standard

A doctor diagnosing, a mechanic repairing equipment, an army general deciding to send his force to combat all use the same model of human information processing. Gather information, evaluate and analyze information, make a decision, execute the action and obtain feedback. Humans have limited attention and judge information using the knowledge stored in their long-term memory. In a loan application, the role of the loan adjudicator is to decide whether or not the loan application will be accepted. To achieve this objective, the adjudicator verifies and analyzes the information to ensure that the loan application meets the criteria and standards of the financial institution. These criteria are established over the years of banking practices. Risk managers from across the organization ...

Continue Reading

What is Cognitive engineering standard

Cognitive engineering combines system engineering and cognitive ergonomics. Ergonomics means the study of work. Cognitive ergonomics means studying mental work. Unlike design thinking where people are in the office trying to imagine human work and problems in committee, the cognitive engineer first makes a cognitive analysis of the task. Cognitive analysis of the task (Cognitive Task Analysis) is to observe one by one the users, ideally in the work environment, doing their work and asking them to think aloud. Observations are recorded and verbatim analyzed. The cognitive analysis includes the analysis of goals and subgoals, information consulted, knowledge, decisions and actions performed. The problems that are encountered and effective strategies are analyzed.   Following the cognitive analysis of the task, ...

Continue Reading

Why Card Sorting is Wrong standard

Card sorting is a technique that was originally used in libraries to organize large quantities of information. Card sorting uses physical cards with words (or pictures or physical objects).  The cards are put on a big table and users are asked to group these cards into categories that make sense to them.   This technique allows to understand how users group information but is a wrong approach to organize information in a user interface because: When users interact with computers, the optimal information organization is not necessarily logical. Information can be organized along: 1) frequency /importance of use;  2) sequence of task 3) logical group;  4) standards (ex: month of the years), 5) numerical or alphabetical order. When doing card ...

Continue Reading

Revolution in system maintenance standard

You are told that you are better off replacing your IT system. Read this before going any further.  Here are some truths nobody will tell you. Vendors make more money if you replace your system. Systems you purchase include many unnecessary features you pay for. You will certainly have some specific needs that are not met by the system. To get the features to meet these needs, you will need to pay extra money. One day, the vendors will come back and tell you that you need to upgrade because they no longer support the version you purchased. Analysts such as Gardner, that review IT system vendors, are sponsored by the very vendors they review. Tired of complex projects and ...

Continue Reading

Key Steps to Fight Procrastination standard

Summary: Procrastination consists of postponing key tasks to the last minute while doing pleasing task instead. By using the pleasing tasks to your advantage you can effectively fight procrastination.   We have a report to write, problems to solve, handy work to do. Instead of doing those key tasks, we do all sort of other things. We attend unnecessary meetings, browse the internet, talk with colleagues, accept other engagements and end up with last minute panic. This situation is widespread. It greatly impacts our performance and the quality of our deliverable. The enemies that make us procrastinate are those small pleasures that seduce us into postponing important tasks. The trick to fighting procrastination is to transform this enemy into our ...

Continue Reading

The Irony of Project Management standard

After a business review that included a field study and cognitive task analysis, it was found that the new software require three times more user action. The project manager reacted by saying the project scope is to make the transition, respect deadlines and budget. Meaning he does not want to change the plan. After reviewing  the findings again, they realized that the situation was even worst than they expected it. In the end, the client followed our recommendations because the facts were rock solid and we found a solution that would integrate existing technology already in use at the financial institution. Many IT (Information technology) projects are planned and scoped before need analysis or field study are done. Over the ...

Continue Reading

Cognitive Group’s 10 most useful software – 2012 edition standard

Cognitive Group’s user experience (UX) team regularly publishes a list of the ten most useful applications. Useful things save time, save energy, increases safety and provide better quality results. Google Search. Google is the ultimate gateway to the Internet. Google search engine provides all the world’s information at the tip of your finger. Coursea and iTunes University. Anyone, anywhere, can now attend classes with the best instructors in the world for free. The possibilities are endless.

Continue Reading

The Cognitive Approach standard

Introduction IT projects tend to be executed in distinct phases. 1. determining the business needs, 2. setting system specifications for those needs, 3. programming and then 4. testing. The first two phases usually represent 50%[1] of a project’s cost. The traditional way of determining the business needs is to ask users or subject matter experts to express the needs verbally. Analysts then transcribe them and define the system requirements that will meet the needs. System requirement’s documents are finally reviewed and approved.

Continue Reading

This is a unique website which will require a more modern browser to work!

Please upgrade today!