Risk assessment of process models

The IDEF methodology has been extensively used for modeling various processes. Qualitative and quantitative reliability analysis and risk assessment of IDEF models is of interest to industry for several reasons. It identifies critical activities in a process, improves the process performance, and decreases downtime and operating cost of the process. To evaluate the risk associated with an IDEF3 model formal tools and techniques are required. In this paper, the fault tree analysis technique and minimum cut and path sets generation algorithms are applied for reliability evaluation and risk assessment of the parent activities in an IDEF3 model. A structural and reliability importance measure for parent activities in an IDEF3 model as well as for the elementary activities in a decomposed model are presented.