The comparative assessment of alternative Product-Service-Systems (PSS) economic models is an important objective to be integrated along the design process of smart PSS. Economic assessment of smart PSS delivery networks can support economic risk mitigation and help decision-makers in establishing collaborative mechanisms for financial risk sharing, within the enterprise networks. The paper proposes a generic and replicable approach for the development of smart PSS simulator for Economic assessment & risk analysis. A feasibility application is developed in an industrial case study (heating appliance sector).