BowTie Risk Assessment Methodology & BowTie XP Software Training London
Schedule
Wed, 26 Mar, 2025 at 08:30 am to Thu, 27 Mar, 2025 at 05:00 pm
UTC-04:00Location
Dillon Consulting Limited | London, ON
About this Event
Turning 'Theory' into 'Practice'
Dillon Consulting Limited has created a training program that will introduce you to the skills, tools and the methodologies essential to the successful planning and execution of risk assessments using the BowTie Methodology. Of particular focus will be the development of your own people management and interpersonal skills required to deliver performance at all levels. The course is driven by practical experience and your needs, giving you the opportunity to immediately apply your new understandings and skills within your organization.
Course Outcomes
- Understand the fundamental principles of BowTie Methodology.
- Learn how to apply the BowTie Methodology to conduct as risk assessment.
- Learn how to facilitate a BowTie workshop.
- Develop a basic understanding of the BowTie XP software.
- Discuss how to use BowTie to present information and risks in a way to inform decision making.
Why You Should Attend
Organizations who embrace BowTie see the benefits as a risk management and governance methodology. It allows you to:
- Visually Represent your Risks: BowTie analysis presents the risk management process in an easily understandable visual format. It allows stakeholders to easily understand the threats, consequences, and control measures of any system or process.
- Have a Comprehensive Understanding of Risks: BowTie methodology allows a detailed understanding of risks, their causes, and potential impacts. It involves a thorough risk assessment that ensures that all significant risks have been identified and assessed.
- Clearly Identify your Control Measures: By employing the BowTie methodology, companies can identify what control measures are currently in place and their effectiveness. They can also determine weak points or areas where control measures are lacking.
- Enhance Decision-Making: With all risks identified, scored and ranked, it becomes easier for the decision-makers to prioritize risks that need immediate attention. They can thus allocate resources more effectively which leads to enhanced risk management.
- Have Better Communication: BowTie diagrams provide a simple yet effective tool for communicating risk management strategies across the organization. They can be easily explained to all levels of employees, fostering a culture of risk awareness.
- Continuously Improve the Management of your Risks: The BowTie approach allows for continuous improvement as the process facilitates the regular review of risks, control measures, and consequences when changes occur in the operational environment.
- Increase your level of Due Diligence: BowTie methodology is globally recognized and accepted by safety organizations worldwide. Using it can ensure compliance with safety standards and requirements.
- Be Proactive: Rather than being reactive and only addressing issues after they’ve occurred, BowTie methodology focuses on preventing incidents from happening in the first place, making it a proactive risk management approach.
What Will the Course Look Like?<h4>Day One - BowTie Awareness</h4>
- Introduction and overview of BowTie
- Goals and application of BowTie
- BowTie elements
- Hands-on exercise - Use BowTie XP software to sketch a BowTie
- Review approaches to utilize BowTie as a versatile tool
- Overview of BowTie workshopping
- Design a BowTie workshop
- Hands on exercises 1 & 2 - Roleplaying and conducting a BowTie workshop
Click here for more information on covered topics and the daily schedule
When and Where
September 17-18, 8:30 AM - 5:00 PM
Dillon Consulting Limited office at:
130 Dufferin Avenue
Suite 1210
London, Ontario
N6A 5R2
Calgary, AB - September 17 & 18, 2025
Vancouver, BC - January 14 & 15, 2025
Where is it happening?
Dillon Consulting Limited, 130 Dufferin Avenue, London, CanadaEvent Location & Nearby Stays:
CAD 1128.87 to CAD 1524.37