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Bow-Tie Industrial Risk Management Across Sectors. A Barrier-Based Approach. Edition No. 1

  • Book

  • 480 Pages
  • June 2021
  • John Wiley and Sons Ltd
  • ID: 5836336
BOW-TIE INDUSTRIAL RISK MANAGEMENT ACROSS SECTORS

Explore an approachable but rigorous treatment of systematic barrier-based approaches to risk management and failure analysis

In Bow-Tie Industrial Risk Management Across Sectors: A Barrier-Based Approach, accomplished researcher and author Luca Fiorentini delivers a practical guide to risk management tools, with a particular emphasis on a systematic barrier-based approach called “bow-tie.” The book includes discussions of two barrier-based methods, Bow-Tie and Layers of Protection Analysis (LOPA), for risk assessment, and one barrier-based method for incident analysis, Barrier Failure Analysis (BFA). The author also describes a traditional method-Root Cause Analysis-and three quantitative methods-FMEA/FMECA, Fault Tree (FTA), and Event Tree (ETA) with a discussion about their link with barriers.

Written from the ground up to be in full compliance with recent ISO 31000 standards on enterprise risk management, and containing several case studies and examples from a variety of industries, Bow-Tie Industrial Risk Management Across Sectors also contains discussions of international standards dealing with common risks faced by organizations, including occupational health and safety, industrial safety, functional safety, environmental, quality, business continuity, asset integrity, and information security.

Readers will also benefit from the inclusion of:- A thorough introduction to the Bow-Tie method, including its practical application in risk management workflow from ISO 31000, the history of Bow-Tie, related methods, and the application of Bow-Tie in qualitative and quantitative ways- An exploration of Barrier Failure Analysis, including events, timelines, barriers, causation paths, and multi-level causes- A practical discussion of how to build a Barrier Failure Analysis, including fact finding, event chaining, identifying barriers, assessing barrier states, causation analysis, and recommendations- A concise treatment of Bow-Tie construction workflow, including a step-by-step guide

Perfect for engineers and other professionals working in risk management, Bow-Tie Industrial Risk Management Across Sectors: A Barrier-Based Approach will also earn a place in the libraries of advanced undergraduate and graduate students studying risk management and seeking a one-stop reference on the “bow-tie” approach and barrier-based methods.

Table of Contents

List of Figures

List of Tables

List of Acronyms

Preface 1

Riccardo Ghini

Preface 2

Bernardino Chiaia

Preface 3

Luca Marmo

Preface 4

Giuseppe Conti

Preface 5

Claudio De Angelis

Preface 6

Damiano Tranquilli

Preface 7

Enzo Matticoli

Preface 8

Salvatore Bagnato

Author Preface

Acknowledgements

Chapter 1 Introduction to Risk and Risk Management

1.1 Risk Is Everywhere, and Risk Management Became a Critical Issue in Several Sectors

1.2 ISO 31000 Standard

1.3 ISO 31000 Risk Management Workflow

1.4 Uncertainty and the Human Factor

1.5 Enterprise Complexity and (Advanced) Risk Management (ERM)

1.6 Proactive and Reactive Culture of Organizations Dealing with Risk Management

1.7 A Systems Approach to Risk Management

Chapter 2 Bow-Tie Method

2.1 Hazards and Risks

2.2 Methods of Risk Management

2.3 The Bow-Tie Method

2.4 The Bow-Tie Method and the Risk Management Workflow from ISO 31000

2.5 Application of Bow-Ties

2.6 Level of Abstraction

2.7 Building a Bow-Tie

2.8 Hazards

2.9 Top Events

2.10 Threats

2.11 Consequences

2.12 Barriers

2.13 Escalation Factors and Associated Barriers

2.14 Layer of Protection Analysis (LOPA): A Quantified Bow-Tie to Measure Risks

2.15 Bow-Tie as a Quantitative Method to Measure Risks and Develop a Dynamic Quantified Risk Register

2.16 Advanced Bow-Ties: Chaining and Combination

Chapter 3 Barrier Failure Analysis

3.1 Accidents, Near-Misses, and Non-Conformities in Risk Management

3.2 The Importance of Operational Experience

3.3 Principles of Accident Investigation

3.4 The Barrier Failure Analysis (BFA)

3.5 From Root Cause Analysis (RCA) to BFA

3.6 BFA from Bow-Ties

Chapter 4 Workflows and Case Studies

4.1 Bow-Tie Construction Workflow with a Step-by-Step Guide

4.2 LOPA Construction Workflow with a Step-by-Step Guide

4.3 BFA Construction Workflow with a Step-by-Step Guide

4.4 Worked Examples

Conclusions

Appendix 1  Bow-Tie Easy Guide

Appendix 2  BFA Easy Guide

Appendix 3  Human Error and Reliability Assessment (HRA)

References and Further Reading

Index

Authors

Luca Fiorentini