Multi-objective risk analysis with goal models

Abstract

Risks of software projects are often ignored and risk analysis is left for later stages of project life-cycle, resulting in serious financial losses. This paper proposes a goal-oriented risk analysis framework that includes inter-dependencies among treatments and risks in terms of likelihood and generate optimal solutions with respect to multiple objectives such as goal rewards, treatment costs, or risk factor. The Loan Origination Process illustrates our approach and a detailed analysis of the visual notation is provided.