Predictive Monitoring Algorithm Based on Global Feature Encoding

Predictive monitoring is a branch of process mining to provide some valuable information that enables proactive corrective actions to mitigate risks. This paper proposes a new predictive monitoring algorithm, which divides the data processing into three parts: prefix extraction, prefix bucketing and prefix encoding. The presented encoding methods are based on the data structure of event log, and it will cause the loss of information in the raw data. Our main contribution is to define a new global feature encoding method, which keeps more information in raw data and has better scalability. Experiments are presented to demonstrate the proposed approach.