Bow Ties in Risk Management

Bow Ties in Risk Management is an authoritative guide that explains the effectiveness and implementation of bow tie analysis, a qualitative risk assessment and barrier management methodology.

This invaluable book is the result of a collaborative effort between the Center for Chemical Process Safety (CCPS) and the Energy Institute (EI). It focuses on bow tie barrier analysis, a specific qualitative risk management methodology. The book provides practical advice for conducting effective bow tie analyses and offers guidance for creating bow tie diagrams in process safety and risk management. Bow Ties in Risk Management clearly illustrates how bow tie analysis and diagrams integrate into a comprehensive process safety and risk management framework.

By implementing the methods outlined in this work, organisations can improve the quality of their bow tie analysis and diagrams. This essential guide:

• Explains the proven concept of bow tie barrier analysis for the prevention and mitigation of incident pathways, particularly those related to major accidents.
• Highlights common pitfalls and is enriched with real-world examples.
• Describes the practical application of the bow tie method throughout an organisation.
• Demonstrates how to address human and organisational factors in a sound and practical manner.
• Includes additional material available online.

While primarily aimed at individuals responsible for managing process safety risks, this book is also applicable to anyone employing bow tie risk management practices in other safety, environmental, or Enterprise Risk Management applications. It caters to a wide audience, from beginners with little to no background in barrier management to experienced professionals familiar with bow ties, their elements, methodology, and their relationship to risk management.

The missions of both the CCPS and EI include the development and dissemination of knowledge, skills, and good practices to protect people, property, and the environment. They achieve this by delivering the best knowledge and practices to industry, academia, governments, and the public worldwide through collective wisdom, tools, training, and expertise. The CCPS has been at the forefront of documenting and sharing key process safety risk assessment methodologies for over 30 years. The EI's Technical Work Program covers the depth and breadth of the energy sector, from fuels and fuel distribution to health and safety, sustainability, and the environment, providing cost-effective and value-adding knowledge on current and future international issues affecting the energy sector.