Towards a semi-formal modeling language supporting collaboration between risk and process manager

Nowadays organisations are subjects to frequent changes requiring continuous alignment of business processes. In the adaptive digital business ecosystems (DBEs), agile value chains and the cluster-based bundling of business partners are an essential characteristic. While the resulting flexibility holds opportunities, it increases initially uncertainty. In order to support such organisations to increase their maturity, we suggest a synchronisation of the lifecycles of process management and risk management by integrating both processes. This integration is based on a common modelling language. From the process management perspective, there are number of semi-formal modelling languages while these are missing for risk management. This paper is about a semi-formal modelling language supporting collaboration between the risk management team and the process management one. The synchronised lifecycle appears therefore as the collaboration mechanism coordinating the activities of the heterogeneous team.