The key structure of this model has five phases: Discovery, Experimentation, Evangelization, Formalization and Realization.

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The description of the Discovery, Formalization and Realization phases suggest these alternative phases in the Spread aspect.

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But as automated experimentation becomes more and more common, this type of formalization will prove to be necessary.

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That deal still awaits regulatory approval, ICBC spokesman Wang Zhenning said on Monday, as well as the formalization of the new bank-investment rules.

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Many practice knowledge management to a fine degree of formalization, while they push aside key aspect of the human factor as an HR issue.

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Formalization makes it easier to compare like with like, and decreases the chance of the introduction of systematic error into a new investigation based on reusing information from another.

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An ontology-based formalization makes it possible to keep an accurate track of all the result units used for different goals, while preserving the semantics of all the experimental entities involved in all the investigations.

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According to Nelson Barbosa, executive secretary of the Ministry of Finance, the need for further federal spending to cover losses may fall if there is increased formalization or if the benefited sectors grow more than expected.

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