There are many ways to assess risk, but few match the elegance and simplicity of the bow-tie methodology. The BowTieXP software helps you apply the methodology, which is rapidly becoming one of the most popular approaches to risk assessment. It allows even relatively inexperienced risk professionals to quickly develop useful risk assessments. More experienced professionals can gain insights into risk control that are not found by more traditional methods. Whatever your level of experience, you will find that BowTieXP will help your risk assessment skills improve, time after time.

Comprehensive and Structured Approach
Risk assessments can have a tendency to concentrate on the level of risk only, rather than tackling how the risk is actually managed. The structured approach of BowTieXP forces an appraisal of how well all initial causes are being controlled and how well prepared the organisation is to recover should things start to go wrong. Your BowTieXP assessment will highlight the direct link between the controls and your company's management system. This logical approach often identifies gaps and issues that you may miss when using other techniques. BowTieXP also provides the clearest graphical illustration of risk management, which makes it the best tool for communicating risk issues.

You will find that BowTieXP diagrams are easy to understand at all levels of an organisation. This even includes personnel who are not connected with the day-to-day operation you are assessing. This makes it much easier to discuss your risk assessment with others, and get feedback from people who, realistically, are not going to read large, technical risk documents. Yet these are often the very people who really know how well the controls are working. With BowTieXP you can talk through the components of a particular scenario with them, to build a bow-tie layer-by-layer that clearly illustrates how the risk is managed. In this sense it is true that a "picture paints a thousand words".

Get Started Today
Please contact us or one of our partners about getting started with BowTieXP. We gladly advise you about getting trained and experienced in a quick and cost-effective way.