This training introduces Bowtie methodology (one of many barrier risk models) and examines the various analysis components. A ‘bowtie’ is a diagram that visualizes the risk you are dealing with in just one, easy to understand picture. The diagram is shaped like a bow-tie, creating a clear differentiation between proactive and reactive risk management. The power of a Bowtie diagram is that it gives you an overview of multiple plausible scenarios, in a single picture.
In short, bowtie diagrams provides a simple, visual explanation of a risk that would be much more difficult to explain otherwise. Bowtie analysis is an increasingly popular approach to help managing risk in daily operations. This training provides critical review of the method’s benefits, limitations and practical uses, with hands-on practice in applying the technique.