Bow Tie Pro The fast easy to use

ü Bow. Tie Pro™ The fast, easy to use assessment tool Introduction to Bow. Tie Pro™

ü What is Bow. Tie Pro™? Bow. Tie 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 nonspecialist.

ü Key features of Bow. Tie 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

ü What is a bow-tie diagram? Knot= Hazard and hazardous event (What we don’t want to happen) This is a bow-tie diagram Right Hand = Left Hand = Threats that will cause the hazardous event The Story = Controls Left Hand Side Protection Right hand side mitigation Consequences outcomes from the hazardous event Risk Assessment

ü Example When a tiger is in the cage there is no problem An Example: The problem

ü Example Ahhhh! …But if the tiger escapes Help Run

ü Bow. Tie 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

ü Creating a bow-tie diagram Step 1 : Enter the Hazard(top) and the Event to be prevented

ü Creating a bow-tie diagram Step 2 : Enter the Threats that could cause the event to occur

ü Creating a bow-tie diagram Step 3 : Enter the Consequences of the event occurring with the assessed risk

ü 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

ü Creating a bow-tie diagram Step 4 : Enter the Barrier Controls to prevent the event occurring

ü Creating a bow-tie diagram Step 5 : Enter the Recovery Controls to mitigate against the consequences

ü 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. The colour indicates the type of control Control Effectiveness Who is responsible Controls also include details of: The Task The related documents How it should be verified Control Code The control description & Task

ü Creating a bow-tie diagram Step 6 : Enter the items that will cause a Control to fail

ü Creating a bow-tie diagram Step 7 : Define the Barriers for the Threats to the Controls

ü 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. Bow. Tie Pro™ enabled this diagram to be constructed quickly, easily and systematically

ü Outputs of Bow. Tie Pro™ diagram: ü used as a visual communication of assessment to any interested party ü versatile output options e. g. printer, bitmaps, jpegs, emf, windows clipboard etc. Bow. Tie Pro™ reports: ü range of reporting format options e. g. event details, responsibility listings, quality check reports etc. ü versatile report output options e. g. direct to printers, PDFs, Microsoft Excel, RTF etc

ü Data connection of Bow. Tie Pro™ Data from other Bow. Tie Pro™ files can be imported Data can be pulled from central Bow. Tie Pro™ web sources Options to import data from other existing risk assessment products Data can be exported from Bow. Tie Pro™ to Excel and other types

ü Benefits of Bow. Tie 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 Bow. Tie 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

ü Bow. Tie Pro™ Bow Tie Pro Limited Westhill Business Centre Arnhall Business Park Westhill, Aberdeenshire, AB 32 6 UF UK Tel: +44 (0) 1224 51 50 94 Email : enquiries@Bow. Tie. Pro. com www. Bow. Tie. Pro. com