Dependency Modeling (O-DM)

The O-DM standard defines how to construct a data model to manage risk and build trust on organizational dependencies between enterprises, or between operational divisions in a large organization. It involves constructing a data model for key dependencies, then assigning quantitative risk sensitivities for each dependency component in the model. The results of running a calculation on this data model highlight those areas of highest sensitivity – i.e., significant risk – so informing business decision-makers where investment in reducing their exposure to external risks will result in best return. The O-DM analytical process facilitates organizational agility through ease of adjusting and evolving the model to show how changing operations to reduce risk on key dependencies will impact an organization's exposure to external risks. This standard represents a significant addition to The Open Group Risk Management publications.