Aligning Risk Management and Compliance
Considerations with Business Process Development
E-Commerce and Web Technologies, volume 5692 of Lecture Notes in Computer Science, Springer, Berlin, (2009)Abstract
The improvement of business processes, to date,
primarily focuses on effectiveness and efficiency,
thereby creating additional value for the
organization and its stakeholders. The design of
processes should also ensure that its result and the
value obtained compensates for the risks affecting
this value. In this paper the different kinds of
risk affecting a business process are introduced,
after which solutions to the problem of risk
mitigation are discussed, resulting in a proposed
framework to mollify these risks by incorporating
a class of risk-mitigation rules into business
process development.
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