Business process modeling is used for better understanding and communication of company’s processes. Mostly, business process modeling is discussed from the information system development perspective. Execution of a business process involves various factors (costs and time) which are important and should be represented in business process models. Controlling of business units uses post execution analysis for detection of failures for improvement. The process models conceived for information system development are not sufficient for post execution analysis. This paper focuses on the challenges of business process modeling in the post execution context. We provide a meta model for evaluation of a business process and discuss BPMN in this context. We also extend existing BPMN meta model for performance analysis of business processes. The proposed extensions are presented with the help of an example.