Risk Bow Ties Root Cause Analysis (Global)

Description

Get to know the principles of bow tie analysis for understanding and documenting risk.

This course provides an introduction to the principles of bow tie analysis, leading into hands-on exercises in creating risk bow ties.

Bow tie and root cause analysis are the keys to the effective and proactive management of risk. Prevention is better than cure and prevention comes from managing risk at its source, the root causes. In addition, root cause analysis applied to incident management allows us to understand where things went wrong, to identify the issues and develop actions to remediate.

This course provides you with a detailed working knowledge of the risk bow tie analysis technique and its application in not only root cause analysis but in providing a wider and more intimate knowledge of your risks. Risk bow ties should be at the centre of everything we do in risk management.

The deep analysis of risk using risk bow tie will also be used to develop clear risk taxonomies and ensure risk descriptions are clear and consistent.