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Entries tagged with: Risk Management

Bow Ties Part I: Great for Formal Occasions and for Risk Management

Bow Ties Part I: Great for Formal Occasions and for Risk Management

The bow tie methodology, originally developed by ICI in the late 1970’s, has seen increasing industry adoption over the last 20 years. Bow tie diagrams build on the “Swiss Cheese Model” of hazard escalation and causation popularized by James Reason. They provide a powerful means for visualizing how a…

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Bow Ties Part II: Do Bow Ties have a place in Alarm Management?

Bow Ties Part II: Do Bow Ties have a place in Alarm Management?

As discussed in Part I, bow tie diagrams provide an easy-to-understand visual representation of risk management information (hazards, potential consequences, barriers, degradation factors and controls). In this article we examine the applicability of bow ties to alarm management.

According to the CCPS book “Bow Ties in Risk Management”,…

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PHA: A must or a MUST?

Our thoughts and prayers are with those whose lives were lost, and those injured, as well as their families in last week’s fertilizer plant explosion in West Texas. A few statements made in the press were a bit surprising and I wanted to share those with you. Before I…

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Risk Management in the News

Risk Management in the News

I just read a great article in the May issue of IEEE Spectrum magazine called “Managing Risk and Responsibility During a Crisis.”  The author Robert N. Charette says “If the American people desire the federal government to be their risk manager of first resort, then an open and…

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