BowTie Risk Management

BowTie Risk Management

BowTie Risk Management

BowTie Risk Management

Experienced Trainers


Experienced Trainers


Experienced Trainers


Online Education


Online Education


Online Education


Quality Course Material


Quality Course Material


Quality Course Material


Course Description

The Bowtie method is a risk assessment technique that can be used to analyse and communicate how major accident scenarios develop. The method takes its name from the shape of the diagram that is created, which looks like a man’s bowtie.

The Bowtie method has several goals:


⦿ Provide a structure to systematically analyse a hazard.

⦿ Help make a decision whether the current level of control is sufficient (or, for those who are familiar with the concept, are we ALARP?).

⦿ Help identify where and how investing resources would have the greatest impact.

⦿ Making risk communication as effective as possible.


The training will enable delegates, particularly those not skilled in the area of risk assessment, to undertake and actively participate and contribute to the process. Delegates will also learn how to use the Bowtie XP software to facilitate and undertake risk analysis, how to link barriers and control to risk management systems and procedures.

The output of the Bowtie risk assessment is a presentation of risks in pictorial form (see corresponding figure). The Bowtie diagram shows the causes (or threats) of an accidental event, its consequences, and the ‘barriers’ in place to prevent, mitigate, control or recover. The diagrams are easily understandable and provide an effective means of risk communication to the workforce. An exemplar Bowtie diagram is shown in the corresponding figure.


Target Audience

⦿ Safety Managers and Supervisors;

⦿ Technical and Process Safety Engineers

⦿ Verification and compliance coordinators

⦿ Project Managers

⦿ Personnel accountable for technical and non-technical risk management

⦿ Operations and maintenance personnel and supervisors

⦿ Asset integrity engineers and managers

⦿ Project engineers and discipline engineers

⦿ Graduates or recent hires with science or engineering background

⦿ Anyone looking to gain an appreciation for process and technical safety

Course Duration

The training will be delivered over a period of 2 working days. This is necessary to ensure all topics and associated exercises are adequately covered at the appropriate level. Delegates are therefore required to attend the entire duration of the program to gain full appreciation of the topics and to equip them such that they are able to confidently apply the knowledge and make value-adding contribution on projects.

Learning Outcomes

Upon completion, delegates will acquire in-depth knowledge of:


✓ Discover alternative, highly effective and proven approach to risk assessment and management.

✓ Improve understanding of how risks and their controls can be communicated to stakeholders and the workforce.

✓ Learn how to apply the methods and use the Bowtie XP software to its full potentials.

✓ Visualise by means of Bowtie XP how hazards, threats and control interact, and how this information can be linked to SMS, and used to develop procedures and training plans.

✓ Improve understanding of how to engage active workforce participation in risk assessment and Safety Case Development.

Course Tutors

Tayo Olusanya

Tayo Olusanya (C.Eng., MIChemE, PPSE) – Over 20 yrs. experience with more than 18 yrs. in process safety engineering in upstream, midstream, and downstream sectors of the energy industry. He has been delivering process safety engineering training courses since 2012 including Hazard Identification, BowTie Risk Management and Quantitative Risk Assessment. He has trained delegates in Nigeria, Ghana, and in Europe. He is currently a volunteer competency assessor with IChemE UK for Professional Process Safety Engineering (PPSE).

Tayo Olusanya

Tayo Olusanya (C.Eng., MIChemE, PPSE) – Over 20 yrs. experience with more than 18 yrs. in process safety engineering in upstream, midstream, and downstream sectors of the energy industry. He has been delivering process safety engineering training courses since 2012 including Hazard Identification, BowTie Risk Management and Quantitative Risk Assessment. He has trained delegates in Nigeria, Ghana, and in Europe. He is currently a volunteer competency assessor with IChemE UK for Professional Process Safety Engineering (PPSE).

Tayo Olusanya

Tayo Olusanya (C.Eng., MIChemE, PPSE) – Over 20 yrs. experience with more than 18 yrs. in process safety engineering in upstream, midstream, and downstream sectors of the energy industry. He has been delivering process safety engineering training courses since 2012 including Hazard Identification, BowTie Risk Management and Quantitative Risk Assessment. He has trained delegates in Nigeria, Ghana, and in Europe. He is currently a volunteer competency assessor with IChemE UK for Professional Process Safety Engineering (PPSE).

Tayo Olusanya

Tayo Olusanya (C.Eng., MIChemE, PPSE) – Over 20 yrs. experience with more than 18 yrs. in process safety engineering in upstream, midstream, and downstream sectors of the energy industry. He has been delivering process safety engineering training courses since 2012 including Hazard Identification, BowTie Risk Management and Quantitative Risk Assessment. He has trained delegates in Nigeria, Ghana, and in Europe. He is currently a volunteer competency assessor with IChemE UK for Professional Process Safety Engineering (PPSE).

Seyi Olusanya

Seyi is a seasoned entrepreneur with experience cutting across energy, IT and financial technology industries. He is a Founding Partner of Melios Ltd, and a Director and Co-founder of Nest an integrated business and financial services platform. With a background in software engineering and practical hands-on finesse in technical and enterprise risk, finance and business strategy development acquired over a decade, He provides much needed strategic and innovative focus that drives growth in Melios. He is a certified Bowtie XP Trainer. He is a member of the Global Association of Risk Professionals (GARP), and a Member of the Institute of Engineering and Technology (MIET).

Seyi Olusanya

Seyi is a seasoned entrepreneur with experience cutting across energy, IT and financial technology industries. He is a Founding Partner of Melios Ltd, and a Director and Co-founder of Nest an integrated business and financial services platform. With a background in software engineering and practical hands-on finesse in technical and enterprise risk, finance and business strategy development acquired over a decade, He provides much needed strategic and innovative focus that drives growth in Melios. He is a certified Bowtie XP Trainer. He is a member of the Global Association of Risk Professionals (GARP), and a Member of the Institute of Engineering and Technology (MIET).

Seyi Olusanya

Seyi is a seasoned entrepreneur with experience cutting across energy, IT and financial technology industries. He is a Founding Partner of Melios Ltd, and a Director and Co-founder of Nest an integrated business and financial services platform. With a background in software engineering and practical hands-on finesse in technical and enterprise risk, finance and business strategy development acquired over a decade, He provides much needed strategic and innovative focus that drives growth in Melios. He is a certified Bowtie XP Trainer. He is a member of the Global Association of Risk Professionals (GARP), and a Member of the Institute of Engineering and Technology (MIET).

Seyi Olusanya

Seyi is a seasoned entrepreneur with experience cutting across energy, IT and financial technology industries. He is a Founding Partner of Melios Ltd, and a Director and Co-founder of Nest an integrated business and financial services platform. With a background in software engineering and practical hands-on finesse in technical and enterprise risk, finance and business strategy development acquired over a decade, He provides much needed strategic and innovative focus that drives growth in Melios. He is a certified Bowtie XP Trainer. He is a member of the Global Association of Risk Professionals (GARP), and a Member of the Institute of Engineering and Technology (MIET).

Course Syllabus

1

Bowtie Risk Analysis

⦿ Risk management and Bowtie

⦿ Bowtie Methodology Theory

⦿ Interactive Bowtie Workshop

⦿ Best Practices

2

Development of Bowtie using Bowtie XP

3

Case Studies and Group Exercise

1

Bowtie Risk Analysis

⦿ Risk management and Bowtie

⦿ Bowtie Methodology Theory

⦿ Interactive Bowtie Workshop

⦿ Best Practices

2

Development of Bowtie using Bowtie XP

3

Case Studies and Group Exercise

1

Bowtie Risk Analysis

⦿ Risk management and Bowtie

⦿ Bowtie Methodology Theory

⦿ Interactive Bowtie Workshop

⦿ Best Practices

2

Development of Bowtie using Bowtie XP

3

Case Studies and Group Exercise

1

Bowtie Risk Analysis

⦿ Risk management and Bowtie

⦿ Bowtie Methodology Theory

⦿ Interactive Bowtie Workshop

⦿ Best Practices

2

Development of Bowtie using Bowtie XP

3

Case Studies and Group Exercise

Technical & Process Risk Management

Services offered covers all aspects of Technical and Process Safety including HAZID, HAZOP, PHA, LOPA, FERA, QRA etc., from Concept & FEED stage of the project all the way to Decommissioning and Abandonment.

Enterprise Risk Management

Our approach, which is consistent with the principles of COSO ERM and ISO 31000 Standards, helps organizations’ unearth hidden risks, understand exposures, assess and effectively manage significant risks.

Asset Integrity Management and Assurance

We assist clients in taking a proactive approach to design integrity assurance on projects and operational integrity assurance on operating installations.

Risk Communication and Operationalization

Melios creates tailored HD animation videos designed to promote awareness and understanding of major risks among the industry workforce and senior management.

Training

We provide internationally qualified and experienced trainers across all our course packages and our training content is accredited by the most recognized and reputable professional bodies in the world.

Software Products and Solutions

Melios develops inhouse software programs and partners with established software development organizations to enhance delivery of risk management solutions.

Technical & Process Risk Management

Services offered covers all aspects of Technical and Process Safety including HAZID, HAZOP, PHA, LOPA, FERA, QRA etc., from Concept & FEED stage of the project all the way to Decommissioning and Abandonment.

Technical & Process Risk Management

Services offered covers all aspects of Technical and Process Safety including HAZID, HAZOP, PHA, LOPA, FERA, QRA etc., from Concept & FEED stage of the project all the way to Decommissioning and Abandonment.

Enterprise Risk Management

Our approach, which is consistent with the principles of COSO ERM and ISO 31000 Standards, helps organizations’ unearth hidden risks, understand exposures, assess and effectively manage significant risks.

Enterprise Risk Management

Our approach, which is consistent with the principles of COSO ERM and ISO 31000 Standards, helps organizations’ unearth hidden risks, understand exposures, assess and effectively manage significant risks.

Asset Integrity Management and Assurance

We assist clients in taking a proactive approach to design integrity assurance on projects and operational integrity assurance on operating installations.

Asset Integrity Management and Assurance

We assist clients in taking a proactive approach to design integrity assurance on projects and operational integrity assurance on operating installations.

Risk Communication and Operationalization

Melios creates tailored HD animation videos designed to promote awareness and understanding of major risks among the industry workforce and senior management.

Risk Communication and Operationalization

Melios creates tailored HD animation videos designed to promote awareness and understanding of major risks among the industry workforce and senior management.

Training

We provide internationally qualified and experienced trainers across all our course packages and our training content is accredited by the most recognized and reputable professional bodies in the world.

Training

We provide internationally qualified and experienced trainers across all our course packages and our training content is accredited by the most recognized and reputable professional bodies in the world.

Software Products and Solutions

Melios develops inhouse software programs and partners with established software development organizations to enhance delivery of risk management solutions.

Software Products and Solutions

Melios develops inhouse software programs and partners with established software development organizations to enhance delivery of risk management solutions.

Technical & Process Risk Management

Services offered covers all aspects of Technical and Process Safety including HAZID, HAZOP, PHA, LOPA, FERA, QRA etc., from Concept & FEED stage of the project all the way to Decommissioning and Abandonment.

Technical & Process Risk Management

Services offered covers all aspects of Technical and Process Safety including HAZID, HAZOP, PHA, LOPA, FERA, QRA etc., from Concept & FEED stage of the project all the way to Decommissioning and Abandonment.

Enterprise Risk Management

Our approach, which is consistent with the principles of COSO ERM and ISO 31000 Standards, helps organizations’ unearth hidden risks, understand exposures, assess and effectively manage significant risks.

Enterprise Risk Management

Our approach, which is consistent with the principles of COSO ERM and ISO 31000 Standards, helps organizations’ unearth hidden risks, understand exposures, assess and effectively manage significant risks.

Asset Integrity Management and Assurance

We assist clients in taking a proactive approach to design integrity assurance on projects and operational integrity assurance on operating installations.

Asset Integrity Management and Assurance

We assist clients in taking a proactive approach to design integrity assurance on projects and operational integrity assurance on operating installations.

Risk Communication and Operationalization

Melios creates tailored HD animation videos designed to promote awareness and understanding of major risks among the industry workforce and senior management.

Risk Communication and Operationalization

Melios creates tailored HD animation videos designed to promote awareness and understanding of major risks among the industry workforce and senior management.

Training

We provide internationally qualified and experienced trainers across all our course packages and our training content is accredited by the most recognized and reputable professional bodies in the world.

Training

We provide internationally qualified and experienced trainers across all our course packages and our training content is accredited by the most recognized and reputable professional bodies in the world.

Software Products and Solutions

Melios develops inhouse software programs and partners with established software development organizations to enhance delivery of risk management solutions.

Software Products and Solutions

Melios develops inhouse software programs and partners with established software development organizations to enhance delivery of risk management solutions.

Technical & Process Risk Management

Services offered covers all aspects of Technical and Process Safety including HAZID, HAZOP, PHA, LOPA, FERA, QRA etc., from Concept & FEED stage of the project all the way to Decommissioning and Abandonment.

Technical & Process Risk Management

Services offered covers all aspects of Technical and Process Safety including HAZID, HAZOP, PHA, LOPA, FERA, QRA etc., from Concept & FEED stage of the project all the way to Decommissioning and Abandonment.

Enterprise Risk Management

Our approach, which is consistent with the principles of COSO ERM and ISO 31000 Standards, helps organizations’ unearth hidden risks, understand exposures, assess and effectively manage significant risks.

Enterprise Risk Management

Our approach, which is consistent with the principles of COSO ERM and ISO 31000 Standards, helps organizations’ unearth hidden risks, understand exposures, assess and effectively manage significant risks.

Asset Integrity Management and Assurance

We assist clients in taking a proactive approach to design integrity assurance on projects and operational integrity assurance on operating installations.

Asset Integrity Management and Assurance

We assist clients in taking a proactive approach to design integrity assurance on projects and operational integrity assurance on operating installations.

Risk Communication and Operationalization

Melios creates tailored HD animation videos designed to promote awareness and understanding of major risks among the industry workforce and senior management.

Risk Communication and Operationalization

Melios creates tailored HD animation videos designed to promote awareness and understanding of major risks among the industry workforce and senior management.

Training

We provide internationally qualified and experienced trainers across all our course packages and our training content is accredited by the most recognized and reputable professional bodies in the world.

Training

We provide internationally qualified and experienced trainers across all our course packages and our training content is accredited by the most recognized and reputable professional bodies in the world.

Software Products and Solutions

Melios develops inhouse software programs and partners with established software development organizations to enhance delivery of risk management solutions.

Software Products and Solutions

Melios develops inhouse software programs and partners with established software development organizations to enhance delivery of risk management solutions.

Let us handle your risk management.

Reduce Risk. Protect Lives. Optimise Operational Efficiency.

Get in Touch

Let us handle your risk management.

Reduce Risk. Protect Lives. Optimise Operational Efficiency.

Get in Touch