Explicitly Modelling Relationships of Risks on Business Architecture

Abstract

Todays increased interest in enterprise risk management is motivated by decision making in reaction to change and complex compliance requirements as well as the need to minimize business losses and improve business outcomes. It is therefore important to help business stakeholders become fully aware of applicable risks and their possible impact on other business constituents. This paper represents an extension of the OMG Business Motivation Model that addresses this topic by improving risk visibility through modelling explicit dependencies of risks on business motivation, business decisions, business processes and compliance requirements. This extension in the form of a meta-model as well as its potential to increase overall risk awareness in enterprises were evaluated.