Yes. You are just describing how to carry out structural
damage analysis; you identify the first structural failure (e.g. due to fire or overload) and do a
static structural analysis to see if there will be a second failure that further modifies the structural arrangement and the loads applied. Then you redo the
static analysis with that case to identify the third failure, etc, etc. You establish a path of failures.
NIST never did that for WTC7. Evidence for that is that NIST agrees in the final 'final' report - see fig. 3-15 - that the structure above floor 16 is in 100% free fall for 2.25 seconds. The beauty with a structure in free fall is that gravity does not impose and loads at all on the structure! All gravity induced stresses and deformations in the structure becomes zero (0 !!) and no failures can take place anywhere.
Strangely enough NIST suggest the opposite and show three, four pictures to this effect, incl. parts flying around but the pictures are simply faked!!
The WTC7 structure was very simple - vertical columns carrying primary loads transmitted to them by horizontal (floor) beams carrying secondary loads.
A failure of a beam anywhere for any reason (fire!) will just cause the secondary load on it to drop down on the beam below ... and that's it. Further failures are arrested. The loads in the columns do not change at all.
A failure of a column for any reason (buckling due fire suggested by NIST) will just cause the primary load carried by it to be transferred to adjacent columns via the beams. Sudden simultaneous collapse of all columns resulting in free fall of structure above is not possible.
It is all explained at
http://heiwaco.tripod.com/nist7.htm .
Heiwa