A bowtie is a diagram that visualises a risk in an easy to understand picture. The diagram shows the possible causes and consequences of an event, along with the controls put in place to manage the risk.
A bowtie diagram shows possible scenarios in a single picture. In short, it provides a simple, visual explanation of risk that would be more difficult, or take longer, in document form.
New insights often emerge from a bowtie that might not be clear from other risk analysis methods. The highly visual and participative nature of building a bowtie brings involvement from all levels of the organisation What you see in, and learn from, a bowtie diagram helps decision making. It plays its part in improving safety, decision-making, competence, operational policy, and efficiency savings.
This course is an introduction to the methodology and its many uses. It is suitable for anyone who deals with risk (or deals with those who deal with risk!).
Who should attend
Anyone who is involved in managing risk!
Why bowtie it?
• Understand risk better
• Improve control
• Learn from incidents
• Update and de-duplicate policies and procedures
• Provide assurance
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