Bow Tie definition

Bow Tie a tool that consists of the Risk Event in the center, a listing of Drivers on the left side that potentially lead to the Risk Event occurring, and a listing of Consequences on the right side that show the potential Outcomes if the Risk Event occurs. • Consequence (or Impact): the effect of the occurrence of a Risk Event. Consequences affect Attributes of a Cost-Benefit Approach. • Control: Currently established measure that is modifying Risk. • CoRE: estimated dollar value of the Consequences of a Risk Event.
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Bow Tie. Emblems "The Heartbeat of America" (with or without Bow Tie Emblems) GM Official Licensed Products Emblem (as shown on Attachment A to this TWENTY FOURTH AMENDMENT) * It is understood and agreed between the parties that LICENSEE may also use Body Designs for the GRAND SPORT, COLLECTOR'S EDITION, and CORVETTE (through production vehicle model year 1997) on packaging and promotional materials only, with LICENSOR'S prior approval to Paragraph 9.6 of the AGREEMENT.
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Bow Tie a tool that consists of the Risk Event in the center, a listing of Driversdrivers on the left side that potentially lead to the Risk Event occurring, and a listing of Consequences on the right side that show the potential Outcomesoutcomes if the Risk Event occurs. Consequence (or Impact): the effect of the occurrence of a Risk Event. Consequences affect Attributes of a Cost-Benefit Approach an MAVF. Control: Currently established measure that is modifying Risk. CoRE: estimated dollar value of the Consequences of a Risk Event. Cost-Benefit Approach: a decision-analysis tool for comparing the monetized Benefits of a program, or set of activities, against the costs of the program, or set of activities, to create a measurement of value. Cost-Benefit Ratio: calculated by dividing the dollar value of Mitigation Benefit by the Mitigation cost estimate. CPUC: California Public Utilities Commission. Driver: a factor that could influence the likelihood of occurrence of a Risk Event. A Driverdriver may include external events or characteristics inherent to the asset or system. Enterprise Risk Register (also referred to as “risk registry” or “ERR”): an inventory of enterprise risks at a snapshot in time that summarizes (for a utility’s management and/or stakeholders such as the CPUC) risks that a utility may face. The ERR is not intended to be static as risks are dynamic in nature. As such, the ERR must be refreshed on a regular basis and can reflect the changing nature of a risk; for example, risks that were consolidated together may be separated, new risks may be added, and the level of risks may change over time. Exposure: the measure that indicates the scope of the risk, e.g., miles of transmission pipeline, number of employees, miles of overhead distribution lines, etc. Exposure defines the context of the risk, i.e., specifies whether the risk is associated with the entire system, or focused on a part of it. Foundational Activities, Elements, or Programs: Initiatives that support or enable two or more Mitigation programs or two or more Risks but do not directly reduce the Consequences or reduce the Likelihood of safety Risk Events.
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Examples of Bow Tie in a sentence

  • This program aims to reduce the following Potential Consequences of the right side of the Risk Bow Tie: serious injuries and/or fatalities (PC.1).

  • The left side of the Bow Tie illustrates drivers that lead to a risk event and the right side shows the potential consequences of a risk event.

  • A mapping of each Control/Mitigation to the element(s) of the Risk Bow Tie addressed is provided in Appendix A.

  • It is also known as the Bow Tie Nebula and catalogued as LEDA 3074547.

  • The Risk Bow Tie shown in Figure 1 below is a commonly-used tool for risk analysis.

  • Both of these stages were completed and released in time to be incorporated in a major Baan release.

  • Bow Tie diagram is used to identify the critical or initiating events.

  • Pursuant to the SA Decision,3 for each control and mitigation presented herein, SoCalGas has identified which element(s) of the Risk Bow Tie the mitigation addresses.

  • Shell uses the Bow Tie exercise for the assessment of high HSSE risk hazards.

  • The cause of this could be inadequate procedures, failure to follow procedures, inadequate training or inexperienced personnel.E. Potential Consequences of Risk EventPotential Consequences are listed to the right side of the Bow Tie illustration provided above.


More Definitions of Bow Tie

Bow Tie tool is a very useful means for communicating the knowledge about hazards that can lead to major incidents and the control measures undertaken to control the risks. Information in the Bow-Ties is shared via a series of learning sessions that focus on the Critical Control Measures and that can be designed to maximise the opportunities to learn.
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Related to Bow Tie

  • Snow tyre means a tyre whose tread pattern, tread compound or structure is primarily designed to achieve in snow conditions a performance better than that of a normal tyre with regard to its ability to initiate or maintain vehicle motion."

  • Basecoat means a coat of colored material, usually opaque, that is applied before graining inks, glazing coats, or other opaque finishing materials and is usually topcoated for protection.

  • Very Low Income means income that is 50 percent or less of the area median income.

  • Extremely Low Income means a household income that falls at or below thirty percent (30%) of the AMI for the area in which a Project is located.

  • Port Cargo Handling Equipment means rubber-tired gantry cranes, straddle carriers, shuttle carriers, and terminal tractors, including yard hostlers and yard tractors that operate within ports.

  • Extremely low-income household means a single person,

  • Automotive windshield washer fluid means any liquid designed for use in a motor vehicle windshield washer system either as an antifreeze or for the purpose of cleaning, washing, or wetting the windshield. Automotive windshield washer fluid does not include fluids placed by the manufacturer in a new vehicle.

  • Negative pressure respirator (tight fitting) means a respirator in which the air pressure inside the facepiece is negative during inhalation with respect to the ambient air pressure outside the respirator.

  • Loose-fitting facepiece means a respiratory inlet covering that is designed to form a partial seal with the face.

  • Shadow tray means a device attached to the radiation head to support auxiliary beam blocking material.

  • Very low-income household means a household with a total gross annual household income equal to 30 percent or less of the median household income.

  • CAFRA Centers, Cores or Nodes means those areas with boundaries incorporated by reference or revised by the Department in accordance with N.J.A.C. 7:7-13.16.

  • Tight-fitting facepiece means a respiratory inlet covering that forms a complete seal with the face.

  • Polystyrene foam means blown polystyrene and expanded and

  • Pistol means any firearm with a barrel less than sixteen inches in length, or is designed to be held and fired by the use of a single hand.

  • Low terrain means any area other than high terrain.

  • Standard Methods for the Examination of Water and Wastewater means the most recent edition of Standard Methods for the Examination of Water and Wastewater published jointly by the American Public Health Association, the American Waterworks Association and the Water Environment Federation;

  • SFTR means Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012;

  • M2M Flowgate means Flowgates where constraints are jointly monitored and coordinated as defined and set forth in Schedule D to this Agreement.

  • Flowgate means a representative modeling of facilities or groups of facilities that may act as potential constraint points.

  • Hair mousse means a hairstyling foam designed to facilitate styling of a coiffure and provide limited holding power.

  • Sewage sludge fee weight means the weight of sewage sludge, in dry U.S. tons, excluding admixtures such as liming materials or bulking agents. Annual sewage sludge fees, as per section 3745.11(Y) of the Ohio Revised Code, are based on the reported sludge fee weight for the most recent calendar year.

  • low voltage means the set of nominal voltage levels that are used for the distribution of electricity and whose upper limit is generally accepted to be an a.c. voltage of 1000V ( or a d.c. voltage of 1500 V). [SANS 1019]

  • Sewage sludge weight means the weight of sewage sludge, in dry U.S. tons, including admixtures such as liming materials or bulking agents. Monitoring frequencies for sewage sludge parameters are based on the reported sludge weight generated in a calendar year (use the most recent calendar year data when the NPDES permit is up for renewal).

  • Eligible low-income customer means a customer whose household income does not exceed 150% of the poverty level, as published by the United States Department of Health and Human Services, or who receives any of the following:

  • Very low-income unit means a restricted unit that is affordable to a very low-income household.