Bow Ties in Risk Management

Bow Ties in Risk Management
Author: CCPS (Center for Chemical Process Safety)
Publisher: John Wiley & Sons
Total Pages: 224
Release: 2018-10-09
Genre: Technology & Engineering
ISBN: 1119490391

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AN AUTHORITATIVE GUIDE THAT EXPLAINS THE EFFECTIVENESS AND IMPLEMENTATION OF BOW TIE ANALYSIS, A QUALITATIVE RISK ASSESSMENT AND BARRIER MANAGEMENT METHODOLOGY From a collaborative effort of the Center for Chemical Process Safety (CCPS) and the Energy Institute (EI) comes an invaluable book that puts the focus on a specific qualitative risk management methodology – bow tie barrier analysis. The book contains practical advice for conducting an effective bow tie analysis and offers guidance for creating bow tie diagrams for process safety and risk management. Bow Ties in Risk Management clearly shows how bow tie analysis and diagrams fit into an overall process safety and risk management framework. Implementing the methods outlined in this book will improve the quality of bow tie analysis and bow tie diagrams across an organization and the industry. This important guide: Explains the proven concept of bow tie barrier analysis for the preventing and mitigation of incident pathways, especially related to major accidents Shows how to avoid common pitfalls and is filled with real-world examples Explains the practical application of the bow tie method throughout an organization Reveals how to treat human and organizational factors in a sound and practical manner Includes additional material available online Although this book is written primarily for anyone involved with or responsible for managing process safety risks, this book is applicable to anyone using bow tie risk management practices in other safety and environmental or Enterprise Risk Management applications. It is designed for a wide audience, from beginners with little to no background in barrier management, to experienced professionals who may already be familiar with bow ties, their elements, the methodology, and their relation to risk management. The missions of both the CCPS and EI include developing and disseminating knowledge, skills, and good practices to protect people, property and the environment by bringing the best knowledge and practices to industry, academia, governments and the public around the world through collective wisdom, tools, training and expertise. The CCPS has been at the forefront of documenting and sharing important process safety risk assessment methodologies for more than 30 years. The EI's Technical Work Program addresses the depth and breadth of the energy sector, from fuels and fuels distribution to health and safety, sustainability and the environment. The EI program provides cost-effective, value-adding knowledge on key current and future international issues affecting those in the energy sector.

Bow Ties in Risk Management

Bow Ties in Risk Management
Author: CCPS (Center for Chemical Process Safety)
Publisher: John Wiley & Sons
Total Pages: 224
Release: 2018-08-31
Genre: Technology & Engineering
ISBN: 1119490383

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AN AUTHORITATIVE GUIDE THAT EXPLAINS THE EFFECTIVENESS AND IMPLEMENTATION OF BOW TIE ANALYSIS, A QUALITATIVE RISK ASSESSMENT AND BARRIER MANAGEMENT METHODOLOGY From a collaborative effort of the Center for Chemical Process Safety (CCPS) and the Energy Institute (EI) comes an invaluable book that puts the focus on a specific qualitative risk management methodology – bow tie barrier analysis. The book contains practical advice for conducting an effective bow tie analysis and offers guidance for creating bow tie diagrams for process safety and risk management. Bow Ties in Risk Management clearly shows how bow tie analysis and diagrams fit into an overall process safety and risk management framework. Implementing the methods outlined in this book will improve the quality of bow tie analysis and bow tie diagrams across an organization and the industry. This important guide: Explains the proven concept of bow tie barrier analysis for the preventing and mitigation of incident pathways, especially related to major accidents Shows how to avoid common pitfalls and is filled with real-world examples Explains the practical application of the bow tie method throughout an organization Reveals how to treat human and organizational factors in a sound and practical manner Includes additional material available online Although this book is written primarily for anyone involved with or responsible for managing process safety risks, this book is applicable to anyone using bow tie risk management practices in other safety and environmental or Enterprise Risk Management applications. It is designed for a wide audience, from beginners with little to no background in barrier management, to experienced professionals who may already be familiar with bow ties, their elements, the methodology, and their relation to risk management. The missions of both the CCPS and EI include developing and disseminating knowledge, skills, and good practices to protect people, property and the environment by bringing the best knowledge and practices to industry, academia, governments and the public around the world through collective wisdom, tools, training and expertise. The CCPS has been at the forefront of documenting and sharing important process safety risk assessment methodologies for more than 30 years. The EI's Technical Work Program addresses the depth and breadth of the energy sector, from fuels and fuels distribution to health and safety, sustainability and the environment. The EI program provides cost-effective, value-adding knowledge on key current and future international issues affecting those in the energy sector.

Bow-Tie Industrial Risk Management Across Sectors

Bow-Tie Industrial Risk Management Across Sectors
Author: Luca Fiorentini
Publisher: John Wiley & Sons
Total Pages: 484
Release: 2021-05-17
Genre: Computers
ISBN: 1119523834

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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.

Engineering Construction Risks

Engineering Construction Risks
Author: Peter Allan Thompson
Publisher: Thomas Telford
Total Pages: 86
Release: 1992
Genre: Business & Economics
ISBN: 9780727716651

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Risk analysis and management - an overview. When to apply risk management. Quantitative techniques for project risk analysis. Risk in estimating. Contract stategy...

Guidelines for Risk Based Process Safety

Guidelines for Risk Based Process Safety
Author: CCPS (Center for Chemical Process Safety)
Publisher: John Wiley & Sons
Total Pages: 759
Release: 2011-11-30
Genre: Technology & Engineering
ISBN: 111820963X

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Guidelines for Risk Based Process Safety provides guidelines for industries that manufacture, consume, or handle chemicals, by focusing on new ways to design, correct, or improve process safety management practices. This new framework for thinking about process safety builds upon the original process safety management ideas published in the early 1990s, integrates industry lessons learned over the intervening years, utilizes applicable "total quality" principles (i.e., plan, do, check, act), and organizes it in a way that will be useful to all organizations - even those with relatively lower hazard activities - throughout the life-cycle of a company.

Risk Management in the Oil and Gas Industry

Risk Management in the Oil and Gas Industry
Author: Gerardo Portela Da Ponte Jr
Publisher: Gulf Professional Publishing
Total Pages: 530
Release: 2021-06-09
Genre: Science
ISBN: 0128236272

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Risk Management in the Oil and Gas Industry: Offshore and Onshore Concepts and Case Studies delivers the concepts, strategies and good practices of offshore and onshore safety engineering that are applicable to petroleum engineering and immediately surrounding industries. Guided by the strategic risk management line, this reference organizes steps in order of importance and priority that should be given to the themes in the practical exercise of risk management activities, from the conceptual and design phase to operational and crisis management situations. Each chapter is packed with practical case studies, lessons learned, exercises, and review questions. The reference also touches on the newest techniques, including liquefied natural gas (cryogenics) operations and computer simulations that contemplate the influence of human behavior. Critical for both the new and experienced engineer, this book gives the best didactic tool to perform operations safely and effectively. Helps readers by presenting practical case studies and exercises that are included in every chapter Presents an understanding on how to approach and apply best practices specific to the oil and gas industry, both offshore and onshore Provides the knowledge needed to gain new techniques in computer simulation and human factors to apply to various sectors of the industry, including subsea and refineries

Hazop and Hazan

Hazop and Hazan
Author: Trevor A. Kletz
Publisher: IChemE
Total Pages: 262
Release: 2001
Genre: Technology & Engineering
ISBN: 9780852955062

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Hazop and Hazan were developed to identify and assess hazards in the process industries. The use of these techniques leads to safer plants. Understanding the practical issues involved in their correct implementation is the theme of this book.

Process Safety in Upstream Oil and Gas

Process Safety in Upstream Oil and Gas
Author: CCPS (Center for Chemical Process Safety)
Publisher: John Wiley & Sons
Total Pages: 194
Release: 2021-04-13
Genre: Technology & Engineering
ISBN: 111962004X

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The book makes the case for process safety and provides a brief overviews of the upstream industry and of CCPS Risk Based Process Safety. The majority of the book focuses on the concepts of implementing process safety in wells, onshore, offshore, and projects. Topics include Overview of Upstream Operations; Overview of Risk Based Process Safety (RBPS); Application of RBPS in Drilling, Completions, Work-Overs & Interventions, Application of RBPS in Onshore Production, Application of RBPS in Offshore Production, Application of RBPS to Engineering Design, Installation, and Construction, Future Developments in the Field

Credit Risk Management

Credit Risk Management
Author: Tony Van Gestel
Publisher: Oxford University Press
Total Pages: 552
Release: 2009
Genre: Business & Economics
ISBN: 0199545111

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This first of three volumes on credit risk management, providing a thorough introduction to financial risk management and modelling.

Asset Intelligence through Integration and Interoperability and Contemporary Vibration Engineering Technologies

Asset Intelligence through Integration and Interoperability and Contemporary Vibration Engineering Technologies
Author: Joseph Mathew
Publisher: Springer
Total Pages: 784
Release: 2018-11-11
Genre: Technology & Engineering
ISBN: 3319957112

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These proceedings include a collection of papers on a range of topics presented at the 12th World Congress on Engineering Asset Management (WCEAM) in Brisbane, 2 – 4 August 2017. Effective strategies are required for managing complex engineering assets such as built environments, infrastructure, plants, equipment, hardware systems and components. Following the release of the ISO 5500x set of standards in 2014, the 12th WCEAM addressed important issues covering all aspects of engineering asset management across various sectors including health. The topics discussed by the congress delegates are grouped into a number of tracks, including strategies for investment and divestment of assets, operations and maintenance of assets, assessment of assets’ health conditions, risk and vulnerability, technologies, and systems for management of assets, standards, education, training and certification.