Managerial perspectives on risk and risk taking
Management Science
Know your enemy: software risk management
Software Development
Managing risks in enterprise systems implementations
Communications of the ACM - Supporting community and building social capital
Applications Strategies for Risk Analysis
Applications Strategies for Risk Analysis
Business Process Management: The Third Wave
Business Process Management: The Third Wave
A taxonomy of players and activities across the ERP project life cycle
Information and Management
Non-functional requirements in business process modeling
APCCM '08 Proceedings of the fifth Asia-Pacific conference on Conceptual Modelling - Volume 79
Towards the Use of XPDL as Planning and Scheduling Modeling Tool: The Workflow Patterns Approach
IBERAMIA '08 Proceedings of the 11th Ibero-American conference on AI: Advances in Artificial Intelligence
Effect of Using Automated Auditing Tools on Detecting Compliance Failures in Unmanaged Processes
BPM '09 Proceedings of the 7th International Conference on Business Process Management
An Integrated Approach to Managing Business Process Risk Using Rich Organizational Models
OTM '09 Proceedings of the Confederated International Conferences, CoopIS, DOA, IS, and ODBASE 2009 on On the Move to Meaningful Internet Systems: Part I
Compliance aware business process design
BPM'07 Proceedings of the 2007 international conference on Business process management
Three key enablers to successful enterprise risk management
IBM Journal of Research and Development
A collaboration support environment for decision enhancement in business process improvement
CRIWG'11 Proceedings of the 17th international conference on Collaboration and technology
Formalizing process-based risk with Value-Focused Process Engineering
Information Systems and e-Business Management
History-aware, real-time risk detection in business processes
OTM'11 Proceedings of the 2011th Confederated international conference on On the move to meaningful internet systems - Volume Part I
Real-time risk monitoring in business processes: A sensor-based approach
Journal of Systems and Software
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Business Process Management is considered an essential strategy to create and maintain competitive advantage by streamlining and monitoring corporate processes. While the identification of critical success factors for the management of business process related projects has been addressed by some research projects, the risks associated with these projects have received considerably less attention. This is a concern: Although BPM projects contain phases that relate to traditional software development and deployment projects, the application of risk mitigation strategies found in software engineering ignores the subsequent process management phases that follow upon the implementation and automation of processes. This paper provides an overview of risks associated with BPM projects along the phases of the BPM lifecycle. After a classification of the risks identified with individual lifecycle phases and transitions we discuss four strategies to deal with these risks: avoidance, mitigation, transfer, and acceptance. The outlook of this paper discusses how assessment frameworks such as CobIT and COSO can be applied to risk management in the context of BPM.