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BowTie XP - Visual Risk Assessment
WHAT IS BOWTIE? A BowTie is diagram that visualises the risk you are dealing with in just one, easy to understand picture. The diagram is shaped like a bow-tie, creating a clear differentiation between proactive and reactive risk management. The power of a BowTieXP diagram is that it shows you "A Summary of Several Plausible Risk Scenarios, in a single picture". In short, it provides a simple, visual explanation of a risk that would be much more difficult to explain otherwise.
BowTieXP models provide a simple, graphical representation of the relationship between the causes and consequences of business upsets, the control measures in place and the tasks, procedures, responsible individuals and competencies which support and enforce the controls.
RISK ASSESSMENT
RISK MANAGEMENT
RISK COMMUNICATION
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