Bowtie Risk Management and Mitigation
INTRODUCTION
The Bowtie methodology is used for risk assessment, risk management and risk communication and awareness. The method is designed to give a better overview of the situation in which certain risks are present; to help people understand the relationship between the risks and organizational events. The method also provides a structure to systematically analyze a hazard.
Bowtie analysis, therefore, is an increasingly popular approach to help manage risk. This programme provides a critical review of the method s benefits, limitations, and practical uses, with hands-on practice in applying the technique. The course introduces bowtie methodology, examines the various bowtie analysis components and provides a critical review of the method's benefits, limitations and practical uses, with hands-on practice at applying the technique.
OBJECTIVES
At the end of the Bowtie Risk Management and Migitation course, you will be able to:
Understanding the terminology of risk assessment and the bowtie methodology
Applying hazard identification techniques
Creating simple bowtie risk models
Using BowTieXP software to create more sophisticated bowtie risk models
Applying metadata to risk controls to classify ownership, barrier type, effectiveness and more
Applying risk estimation to the model
Attaching audit information (using AuditXP) and actions to risk control barriers
Analyze hazard scenarios by applying the bowtie method and designing a bowtie diagram
Develop integrity assurance for bowtie barriers, eg in terms of HSE-critical tasks and/or
HSE critical systems
Devise risk acceptance criteria for hazards in bowtie
WHO SHOULD ATTEND ?
This Bowtie Risk Management and Migitation programme is suitable for:
Managers, engineers, operators, HSE advisors and risk management practitioners. Operations, QHSE (Quality, health, safety & evironmental) Supervisors, management staff as well as SIMOPS (simultaneous operations) Coordinators.
COURSE OUTLINE
Day 1
Pre-assessment / introduction:
Identify hazards, top events, threats, consequences, preventive and recovery barriers, escalation factors and escalation factor barriers
Discussion of Bowtie methodology key terms:
Brief history and rise to popularity.
Day 2
Risk Assessment related methods:
Construct and label key components of a bowtie diagram by hand / puzzle exercises. The use of barriers and controls in management system documentation. Application of bowtie in managing hazards from operational activities.
Day 3
Describe the Hazards and Effects Management Process (HEMP):
