Bowtie Analysis is a risk assessment and mitigation tool that is primarily used to identify control gaps. It gives us a bow like diagram where the risk is at the knot of the bow while pathways from causes of the event to its consequences become the sides of the bow. It is an effective visualization tool to differentiate between reactive and proactive risk management.
An application-oriented question on the topic along with responses can be seen below. The best answer was provided by Mohamed Asif on 1st Nov 2022.
Applause for all the respondents - Himanshu Sharma, Ambikesh Tiwari, Dimple Tiwari, M V Ramana, Godwin Thomas, Mohamed Asif, Gulshan Kumar, Rakesh Chandra.