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Browse Journals & Magazines > IBM Journal of Research and D ...> Volume:54 Issue:3 Help

Incorporating risk into business process models

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5 Author(s)
Cope, E.W. ; Kuster, J.M. ; Etzweiler, D. ; Deleris, L.A.
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Although business process modeling is considered as a core activity in enterprise risk management, existing process modeling languages do not include a complete notation for documenting how processes can fail. This paper develops a conceptual framework for extending standard business process metamodels to include comprehensive information that is useful for managing and quantifying operational risk in business processes. We provide formal extensions of the Business Process Modeling Notation standard, as well as a step-by-step process for creating a risk-extended process model.

Note: The Institute of Electrical and Electronics Engineers, Incorporated is distributing this Article with permission of the International Business Machines Corporation (IBM) who is the exclusive owner. The recipient of this Article may not assign, sublicense, lease, rent or otherwise transfer, reproduce, prepare derivative works, publicly display or perform, or distribute the Article.  

Published in:
IBM Journal of Research and Development  (Volume:54 ,  Issue: 3 )

Date of Publication: May-june 2010

Page(s):
4:1 - 4:13
ISSN :
0018-8646
Digital Object Identifier :
10.1147/JRD.2010.2045777
Product Type:
Journals & Magazines
Date of Current Version :
13 May 2010
Issue Date :
May-june 2010
Sponsored by :
IBM

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