Conceptual model of risk: towards a risk modeling language

Nowadays organisations are subjects to frequent changes requiring continuous strategic alignment of business processes subject to increasing compliance requirements. We suggest a holistic integration of process management and risk management supporting a robust management of business processes while improving organisation’s resilience. The integration is based on a conceptual integration of risks and processes through meta-models. This contribution is about a unified conceptual model of risk, which is a foundation for defining a semi-formal risk modelling language.