Risk-Aware Business Process Management

ARC DISCOVERY GRANT: "Risk-Aware Business Process Management" (DP110100091)

Primary RFCD: 0806 INFORMATION SYSTEMS

PERIOD: 2011 - 2013

INVESTIGATORS:
Professor Arthur ter Hofstede
Professor Michael Rosemann
Professor Colin Fidge
Dr Moe Wynn
Dr Marcello La Rosa
Dr Chun Ouyang
Dr Michael Adams

BUDGET: AUD$450,000

• 2011: $150,000
• 2012: $150,000
• 2013: $150,000

SUMMARY:
This project will increase risk awareness in corporate process management and, in so doing, will lead to increased process awareness within corporate risk management.  It will investigate, evaluate and enhance current approaches for the identification, analysis, evaluation, treatment, and overall management of risk as it relates to business processes. Informed by relevant mathematical foundations, conceptual-analytical research, and empirical evidence from a range of case studies, the project will extend established process management approaches by explicitly including the concept of ‘risk’ as an integral part of process definition and enactment.