Maximize safety and manage risks effectively with our comprehensive Bow Tie Analysis Template, targeting hazards, controls, and continuous improvement.
1
Identify the hazards
2
Identify the potential threats for each hazard
3
Identify potential consequences of the threat
4
Identify any existing controls for each threat
5
Identify any existing controls for each consequence
6
Evaluate the effectiveness of each control
7
Assess the remaining risk after each control
8
Identify any additional controls needed
9
Approval: Risk Manager
10
Implement additional controls where necessary
11
Review and validate the overall risk assessment
12
Document findings and actions taken
13
Approval: Document
14
Communicate the results to relevant stakeholders
15
Train personnel on the new controls
16
Monitor and update the bow tie analysis regularly
17
Approval: Training Session
18
Monitor the effectiveness of the controls
19
Update the bow tie analysis if conditions change
Identify the hazards
In this task, you will identify the potential hazards that exist within the process. This is crucial for understanding the risks involved and developing appropriate controls. Think about any potential sources of harm and note them down.
Identify the potential threats for each hazard
Now that you have identified the hazards, it's time to determine the potential threats associated with each hazard. These threats are specific events or situations that could cause harm. Consider different scenarios and note down the threats for each hazard.
Identify potential consequences of the threat
In this task, you will identify the potential consequences of each threat. Consequences refer to the harm or damage that could occur as a result of a threat materializing. Think about the different ways in which each threat could impact the process and record the potential consequences.
Identify any existing controls for each threat
Now it's time to consider any existing controls that are already in place to mitigate the identified threats. Controls are measures or actions taken to reduce the likelihood or impact of a threat. Identify any controls that are currently implemented for each threat.
Identify any existing controls for each consequence
Similar to the previous task, now you will identify any existing controls for each consequence. Review the controls that are already in place to mitigate the identified consequences. These controls may differ from those associated with the threats. Note down any existing controls for each consequence.
Evaluate the effectiveness of each control
In this task, you will evaluate the effectiveness of each control identified earlier. Consider how well each control is performing in mitigating the associated threat or consequence. Assess the strengths and weaknesses of each control and determine if any improvements are necessary.
Assess the remaining risk after each control
After evaluating the controls, it's important to assess the remaining risk for each threat and consequence. Consider the residual risk and determine the likelihood and potential impact of each risk. Analyze the effectiveness of the controls in reducing the overall risk.
Identify any additional controls needed
In this task, you will identify any additional controls that are needed to further mitigate the risks associated with the threats and consequences. Consider any gaps in the current controls and determine the measures or actions required to address them.
Approval: Risk Manager
Will be submitted for approval:
Identify the hazards
Will be submitted
Identify the potential threats for each hazard
Will be submitted
Identify potential consequences of the threat
Will be submitted
Identify any existing controls for each threat
Will be submitted
Identify any existing controls for each consequence
Will be submitted
Evaluate the effectiveness of each control
Will be submitted
Assess the remaining risk after each control
Will be submitted
Identify any additional controls needed
Will be submitted
Implement additional controls where necessary
Now that you have identified the additional controls needed, it's time to implement them where necessary. Take the necessary steps to introduce the additional controls and ensure they are effectively integrated into the process.
Review and validate the overall risk assessment
In this task, you will review and validate the overall risk assessment. Consider all the identified hazards, threats, consequences, and controls. Ensure that the risk assessment accurately reflects the potential risks and associated controls. Validate the assessment to ensure its reliability.
1
Yes
2
No
Document findings and actions taken
Now it's time to document the findings from the risk assessment as well as the actions taken to address identified risks. Provide a comprehensive summary of the assessment results and the corresponding controls implemented. Ensure the documentation is clear and easily understandable.
Approval: Document
Will be submitted for approval:
Review and validate the overall risk assessment
Will be submitted
Document findings and actions taken
Will be submitted
Communicate the results to relevant stakeholders
Effective communication of the risk assessment results is important for ensuring everyone involved is aware of the identified risks and controls. Determine the relevant stakeholders to whom the results should be communicated and plan the appropriate communication channels or methods.
Train personnel on the new controls
To ensure the effective implementation of the new controls, it's important to provide proper training to the personnel involved. Develop a training plan that addresses the specific requirements of each control and ensures personnel are adequately equipped to handle them.
Monitor and update the bow tie analysis regularly
Regular monitoring and updating of the bow tie analysis is crucial for maintaining its effectiveness. Develop a schedule or process for monitoring the identified risks, controls, and any changes that may impact them. Ensure that the analysis remains up-to-date and relevant.
Approval: Training Session
Will be submitted for approval:
Communicate the results to relevant stakeholders
Will be submitted
Train personnel on the new controls
Will be submitted
Monitor the effectiveness of the controls
In this task, you will monitor the effectiveness of the implemented controls. Regularly assess how well the controls are performing in mitigating the identified risks. Identify any issues or areas for improvement and take appropriate actions to address them.
Update the bow tie analysis if conditions change
As conditions and circumstances change over time, it's important to update the bow tie analysis accordingly. Develop a process or trigger points for reviewing and updating the analysis when significant changes occur. Ensure that the analysis remains relevant and accurately reflects the current risks and controls.
