Return on modeling effort

In engineering, modelling always serves a particular goal. For example, the lightning protection of aircraft can be modelled as an electrical circuit, in order to predict whether the protection will still work in 30 years, given the ageing of its electrical components. More and more effort can be put in making this model predict reality perfectly. However, this perfection comes at a price: researchers invest time and money in improving the model. As a Return on investment (ROI), the ROME is a metric for the use of further modelling. It may therefore serve as a 'stopping criterion'. == Domains ==

ROME is a metric, which can be evaluated wherever modelling is performed with a quantifiable goal. Examples include: • Modeling the impact of federal policy on social problems. • Modeling the links between enterprise actors to make an informed choice on splitting organizations. • Modeling the coupling of an electromagnetic interference to a PCB to reduce its susceptibility by improving the routing of traces. == Research ==

The initiative "Models at Work" studies the creation, management and use of domain models in scientific and industrial practice, aiming at a diversity of goals, varying from (as truthful as possible) representation of the conceptual structure of the domain that is modelled, via animation, simulation, execution and gamification, until automated (logic-based) reasoning. == References ==