Value-Driven Risk Analysis of Coordination Models

Dan Ionita, Jaap Gordijn, Ahmed Seid Yesuf, Roelf J. Wieringa

    Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

    6 Citations (Scopus)

    Abstract

    Coordination processes are business processes that involve independent profit-and-loss responsible business actors who collectively provide something of value to a customer. Coordination processes are meant to be profitable for the business actors that execute them. However, because business actors are independent, there is also an increased risk of fraud. To compute profitability as well as quantify the risk of fraud, we need to attach value models to coordination process models. In this paper, we propose guidelines for deriving a value model from any coordination process model. Next, we show how our approach can be used to identify possibilities of fraud offered by a coordination process, as well as quantify the financial impact of known fraudulent processes. Finally, we discuss additional applications, such as identifying commercially superfluous tasks, or missing tasks needed to achieve a financially sustainable process.
    Original languageUndefined
    Title of host publicationThe Practice of Enterprise Modeling : 9th IFIP WG 8.1. Working Conference, PoEM 2016, Proceedings
    Place of PublicationLondon
    PublisherSpringer
    Pages102-116
    Number of pages15
    ISBN (Print)978-3-319-48392-4
    DOIs
    Publication statusPublished - 10 Nov 2016
    Event9th IFIP WG 8.1. Working Conference on the Practice of Enterprise Modeling, PoEM 2015: The Practice of Enterprise Modeling : 9th IFIP WG 8.1. Working Conference, PoEM 2015, Proceedings - Skovde, Sweden, London
    Duration: 8 Nov 201610 Nov 2016

    Publication series

    NameLecture Notes in Business Information Processing
    PublisherSpringer Verlag
    Volume267
    ISSN (Print)1865-1348

    Conference

    Conference9th IFIP WG 8.1. Working Conference on the Practice of Enterprise Modeling, PoEM 2015
    CityLondon
    Period8/11/1610/11/16
    Other8-10 November 2016

    Keywords

    • SCS-Cybersecurity
    • EWI-27336
    • EC Grant Agreement nr.: FP7/2007-2013
    • IR-101827
    • EC Grant Agreement nr.: FP7/318003
    • METIS-318566
    • EC Grant Agreement nr.: FP7/261696

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