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Abstract

Enhancing Business Impact Analysis and Risk Assessment Applying a Risk-Aware Business Process Modelling and Simulation Methodology

Ilayda Tunc

EHL Hospitality Business School (Switzerland), Lausanne, CH

70 - 77
Vol.21, Issue 1, Jan-Jun, 2026
Receiving Date: 2026-01-28
Acceptance Date: 2026-02-09
Publication Date: 2026-02-23
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http://doi.org/10.37648/ijps.v21i01.006

Abstract

business impact analysis; risk assessment; business process modeling; business process simulation; risk-aware BPM; resilience; business continuity; scenario analysis


Keywords: business impact analysis; risk assessment; business process modeling; business process simulation; risk-aware BPM; resilience; business continuity; scenario analysis


References
  1. Aghabegloo, M., Rezaie, K., Torabi, S. A., & Yazdani, M. (2024). Integrating business impact analysis and risk assessment for physical asset criticality analysis: A framework for sustainable operations in process industries. Expert Systems with Applications, 241, Article 122737. https://doi.org/10.1016/j.eswa.2023.122737
  2. Betz, S., Hickl, S., & Oberweis, A. (2011). Risk-aware business process modeling and simulation using XML nets. In 2011 IEEE 13th Conference on Commerce and Enterprise Computing (CEC) (pp. 349–356). IEEE. https://doi.org/10.1109/CEC.2011.58
  3. Cardoso, P., Respício, A., & Domingos, D. (2021). riskaBPMN - A BPMN extension for risk assessment. Procedia Computer Science, 181, 1247–1254. https://doi.org/10.1016/j.procs.2021.01.324
  4. Dumas, M., La Rosa, M., Mendling, J., & Reijers, H. A. (2018). Fundamentals of business process management (2nd ed.). Springer. https://doi.org/10.1007/978-3-662-56509-4
  5. Hassel, H., & Cedergren, A. (2021). Integrating risk assessment and business impact assessment in the public crisis management sector. International Journal of Disaster Risk Reduction, 69, Article 102136. https://doi.org/10.1016/j.ijdrr.2021.102136
  6. Lamine, E., Thabet, R., Sienou, A., Bork, D., Fontanili, F., & Pingaud, H. (2020). BPRIM: An integrated framework for business process management and risk management. Computers in Industry, 117, Article 103199. https://doi.org/10.1016/j.compind.2020.103199
  7. Quinn, S., Ivy, N., Barrett, M., Feldman, L., Topper, D., Witte, G., Scarfone, K., Gardner, R., & Chua, J. (2023). Enterprise impact of information & communications technology risk (NIST SP 800-221). National Institute of Standards and Technology. https://doi.org/10.6028/NIST.SP.800-221
  8. Suriadi, S., Weiß, B., Winkelmann, A., ter Hofstede, A. H. M., Adams, M., Conforti, R., Fidge, C., La Rosa, M., Ouyang, C., Pika, A., Rosemann, M., & Wynn, M. (2014). Current research in risk-aware business process management—Overview, comparison, and gap analysis. Communications of the Association for Information Systems, 34(1), 1099–1139. https://doi.org/10.17705/1CAIS.03452
  9. Thabet, R., Bork, D., Boufaied, A., Lamine, E., Korbaa, O., & Pingaud, H. (2021). Risk-aware business process management using multi-view modeling: Method and tool. Requirements Engineering, 26(3), 371–397. https://doi.org/10.1007/s00766-021-00348-2
  10. Tjoa, S., Jakoubi, S., & Quirchmayr, G. (2008). Enhancing business impact analysis and risk assessment applying a risk-aware business process modeling and simulation methodology. In 2008 Third International Conference on Availability, Reliability and Security (pp. 1041–1048). IEEE. https://doi.org/10.1109/ARES.2008.206
  11. Tjoa, S., Jakoubi, S., Goluch, G., Kitzler, G., Goluch, S., & Quirchmayr, G. (2011). A formal approach enabling risk-aware business process modeling and simulation. IEEE Transactions on Services Computing, 4(2), 153–166. https://doi.org/10.1109/TSC.2010.17
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