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BowTie
Scenario based qualitative risk-management technique
Page last modified
April 11 2024
BowTie is a scenario based qualitative risk-management technique to analyse, visualise and improve the operational situation of an installation or during an activity with regard to safe practices.
BowTie visualises a systematic overview of the different risks, corresponding barriers, preventive and mitigating measures. It uses available data, procedures, descriptions and systems, making a clear overview of multiple plausible scenarios.
Versatec can help you with structured, realistic, reliable and usable BowTies, ensuring that all Safety and Environmental Critical Elements (SECEs) are properly addressed.
However, for companies to be really proactive in risk management Versatec can support them by implementing Dynamic Barrier Management to monitor health of the barriers and status of the risk in real time. Amongst other by using Viewport on top of the BowTies.
Pros & Limitations
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Structure knowledge
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Quick Analysis & Assessment
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Easy to read & communicate
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User-friendly diagrams
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Easy to visualize barrier metadata (Filters & display profiles)
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Linking management systems
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Easy Reporting
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Requires the use of specialist software
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Requires support of a facilitator
Specification
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Applicability
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Various industries, including Oil & Gas, Chemical, Aviation, Nuclear, Life sciences and Food
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Business Efficiency
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Visualises the different risks and corresponding barriers in one picture, making risk communication very efficient
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Compliance
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Identify which safety and environmental measures should be considered as critical
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Environment
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Useful to carry out environmental risk assessments
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Monitoring
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Maintain the diagram so it will always represent the current status of the safety barriers
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Reporting
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Allows reports to be run in your own customised templates
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Safety
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Tool in process safety audits, to assure that risks are being managed effectively
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Software
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Range of software products are available depending on the specific client needs
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Training
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Courses targeted at the operational aspects of (safety) barrier management
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Reviews (1)
Technology Readiness Level
The Technology Readiness Level (TRL) indicates the maturity level of novel technologies. Learn more about the TRL scale used by us.
[9/9]
Development
Technology demonstration
Mature / Proven
Relative Business Impact
Solution Deployed By
Company Name
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