1. Brief Description:
Bowtie Risk Analysis is a structured and visual risk assessment tool that enables organizations to identify and manage potential hazards and risks by illustrating the relationship between the hazards, causes, consequences, and controls. The bowtie diagram is used to visualize the potential consequences of an identified hazard and identify the necessary preventive and mitigative measures to reduce the risk of occurrence.
2. Key Topics:
- Introduction to risk management and bowtie analysis
- Identifying hazards and their consequences
- Understanding the causes and potential scenarios leading to the occurrence of the hazard
- Identifying preventive and mitigative controls to reduce risk
- Developing and implementing a risk management plan
- Reviewing and updating the risk management plan regularly
The Bowtie Risk Analysis training is suitable for professionals in various industries, including but not limited to, oil and gas, aviation, transportation, healthcare, and construction. It is beneficial for individuals responsible for risk management, safety management, quality management, compliance, and process safety.
4. Learning Objectives:
- Understand the principles of risk management and the bowtie analysis method
- Learn how to identify hazards and potential consequences
- Understand how to assess and prioritize risk using the bowtie analysis method
- Develop effective risk management strategies to control hazards and mitigate consequences
- Understand how to communicate risk management plans to stakeholders
- Learn how to monitor and review the effectiveness of the risk management plan.