What is a safety management system?
How do I implement an effective SMS?
How does BowTie Pro™ Simplify Risk Management?
What is Combined Control Effectiveness?
Organisations that struggle to implement risk management often view the process as being all pain, no gain
The risk assessment process broadly involves three phases:
The bowtie method can be used to analyses, priorities and demonstrate control in an easy visual solution with less pain.
The Bowtie Method
The bow-tie can be used to help simplify risk assessment by allowing one to conceptualise the interaction of causes, controls and consequences of a risk. The following diagram illustrates the process.
Risk Analysis using Bow-Ties
The steps to undertaking a risk analysis using the bow-tie method are as follows:
Example: Household Fire
In this case, we might identify that the most foreseeable consequence of a fire in the home would be asset destruction. Our analysis would thus be:
By constructing a bow-tie diagram, one can simply see how multiple causes with failed preventative controls result in a risk occurring. If the preparedness controls also fail, the risk will occur and have a negative consequence. Mapping risks using the bow-tie can provide a sound starting point from which to ensure controls are actually addressing the real causes and consequences.