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Companies face the challenge to effectively and efficiently perform their business processes as well as to guarantee their continuous operation. To meet the economic requirements, companies predominantly apply business process management concepts. The substantial consideration of robustness and continuity of operations is performed in other domains such as risk or business continuity management. Applying these domains separately, analysis results may significantly differ as valuations from an economic and risk point of view may lead to deviating improvement recommendations. Observing developments in the past years one can see that regulative bodies, the industry as well as the research community laid a special focus on the tighter integration of business process and risk management. Consequently, the integrated consideration of economic, risk and security aspects when analyzing and designing business processes delivers enormous value to achieve these requirements. In this chapter, we present an survey about selected scientific approaches tackling the challenge of integrating economic and risk aspects. Furthermore, we present a methodology enabling the risk-aware modeling and simulation of business processes.

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Abstract-The planning and effective usage of resources is a major challenge for organizations. More than ever through the global interconnections and the current economic situation the domain of resource allocation gains importance. Thus, within this paper we contribute to this research field by introducing a novel approach for dynamic activity and resource allocation using risk-aware business process simulations in order to facilitate and enhance planning and analysis activities. To clarify our work we show the application using a stylized business case.