Does your accurate process predictive monitoring model give reliable predictions?

Abstract

The evaluation of business process predictive monitoring models usually focuses on accuracy of predictions. While accuracy aggregates performance across a set of process cases, in many practical scenarios decision makers are interested in the reliability of an individual prediction, that is, an indication of how likely is a given prediction to be eventually correct. This paper proposes a first definition of business process prediction reliability and shows, through the experimental evaluation, that metrics that include features defining the variability of a process case often give a better prediction reliability indication than metrics that include the probability estimation computed by the machine learning model used to make predictions alone.