BowTie Pro™The fast, easy to use assessment tool

Introduction to BowTie Pro™

BowTie Pro™ is a technically advanced yet easy to use tool to facilitate the creation of risk assessments.

A bow-tie diagram is a powerful visual presentation of the risk assessment process that can be readily understood by the non-specialist.

What is BowTie Pro™?

Key features of BowTie Pro™

Powerful visual graphical user interface Fast, versatile and easy to use Complete with standard reports, and visual outputs Facilitates the systematic development of bow-ties Allows the documentation of all shortfalls identified in the

risk assessment process Full customisation of the Risk Matrix as to its size,

categories, colours and definitions Dual language; the bow-tie diagram can easily be

produced in two different languages Various Analysis modules

What is a bow-tie diagram?

Left Hand = Threats that will

cause the hazardous event

Right Hand = Consequences

outcomes from the hazardous event

Knot= Hazard and hazardous event (What

we don’t want to happen)

Risk AssessmentThe Story = Controls

Left Hand Side ProtectionRight hand side mitigation

This is a bow-tie diagram

Example

When a tiger is in the cage there is no problem

An Example:

The problem

Example

Ahhhh!

Help

Run

…But if the tiger escapes

BowTie Pro™ can be used to

Show the problem clearly Highlight the Threats that can cause the problem Display the Controls (barriers) to prevent the problem

occurring Describe the potential Consequences Identify the recovery Controls required should the

problem occur Identify tasks and responsibilities Assess the risks

Creating a bow-tie diagram

Step 1 : Enter the Hazard(top) and the Event to be prevented

Creating a bow-tie diagram

Step 2 : Enter the Threats that could cause the event to occur

Creating a bow-tie diagram

Step 3 : Enter the Consequences of the event occurring with the assessed risk

Assessing the Risk

The risk can be easily assessed by selecting a category, e.g. People, and then selecting an item from the risk matrix on the consequence screen.

The results of the matrix selection are displayed in the consequence box on the diagram

The categories and the matrix can be fully configured to meet your needs

Creating a bow-tie diagram

Step 4 : Enter the Barrier Controls to prevent the event occurring

Creating a bow-tie diagram

Step 5 : Enter the Recovery Controls to mitigate against the consequences

Controlling the event & telling the story

Controls can be entered on both sides of the event. The controls tell us how we will manage the problem.

Controls also include details of: The Task The related documents How it should be verified

The colour indicates the type of control

The control description

& TaskWho is responsible

Control Code

Control Effectiveness

Creating a bow-tie diagram

Step 6 : Enter the items that will cause a Control to fail

Creating a bow-tie diagram

Step 7 : Define the Barriers for the Threats to the Controls

Creating a bow-tie diagram

We have now created a diagram which easily communicates to others how a tiger escape will be prevented and rectified.

BowTie Pro™ enabled this diagram to be constructed quickly, easily and systematically

Outputs of BowTie Pro™

BowTie Pro™ diagram: used as a visual communication of assessment to any

interested party versatile output options e.g. printer, bitmaps, jpegs, emf,

windows clipboard etc.

BowTie Pro™ reports: range of reporting format options e.g. event details,

responsibility listings, quality check reports etc. versatile report output options e.g. direct to printers, PDFs,

Microsoft Excel, RTF etc

Data connection of BowTie Pro™

Data from other BowTie Pro™ files can be imported Data can be pulled from central BowTie Pro™ web

sources Options to import data from other existing risk

assessment products Data can be exported from BowTie Pro™ to Excel and

other types

Benefits of BowTie Pro™

Facilitates fast, cost effective risk assessments of an organisations’ risks

Rapid storage and retrieval of risk information Produces reports in format to suit specific user needs BowTie Pro™ diagrams are a valuable aide in

communicating and understanding of an organisation’s risk control frameworks

Aids any audit purposes Change control process to assist in assessing the

consequence of organisational or procedural changes Demonstrating effective management of risk to

shareholders, other stakeholders and regulators Enhances overall business effectiveness

BowTie Pro™

Bow Tie Pro LimitedEnterprise Business CentreAdmiral CourtPoynernook RoadAberdeen, AB11 5QXUK

Tel: +44 (0) 1224 51 50 94Fax: +44 (0) 1224 51 52 99

Email : enquiries@BowTiePro.comWeb : www.BowTiePro.com