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Risk Assessment, 2nd Edition
book

Risk Assessment, 2nd Edition

by Georgi Popov, Bruce K. Lyon, Bruce D. Hollcroft
January 2022
Intermediate to advanced
480 pages
16h 9m
English
Wiley
Content preview from Risk Assessment, 2nd Edition

9 Bow‐Tie Analysis Methodology

Georgi Popov1 and Bruce Lyon2

1 University of Central Missouri

2 Brown & Brown

9.1 Introduction

Bow‐Tie Analysis is a relatively new and simple tool that is used to analyze and communicate risk pathways and controls in selected hazard scenarios. It is one of many “barrier‐type” risk models available to assist in the identification and management of risk. The “Bow‐Tie” name is derived from the shape of the diagram created in the analysis.

One of the benefits of a Bow‐Tie diagram is that it gives an overview of multiple plausible scenarios and associated controls and consequences, in a single picture that would be difficult to explain otherwise. It helps stakeholders to identify, evaluate, and communicate existing controls for selected hazards in a given scenario. The International Organization of Standards (ISO) 31010 nationally adopted by American National Standard Institute ANSI/ASSP/ISO 31010‐2019 Risk Management – Risk Assessment Techniques standard describes Bow‐Tie Analysis as “a graphical depiction of pathways from the causes of an event to its consequences.”

This chapter will demonstrate the use of the Bow‐Tie method and its applications in OSH risk assessment and risk reduction ...

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Publisher Resources

ISBN: 9781119755920Purchase Link