Bow-Tie Industrial Risk Management Across Sectors. Luca Fiorentini

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      List of Figures

      Figure 1 Descent from Col du Chardonnet. Is it safe? Source: Luca Marmo archive photo.

      Figure 2 Bas‐relief depicting the god Kairos.

      Figure 3 The epistemological meaning of security.

      Figure 4 Swiss Cheese Model. Source: Reason, J., 1990.

      Figure 5 Top five global risks in terms of likelihood (2007–2020). Source: World Economic Forum, 2020.

      Figure 6 Top five global risks in terms of impact (2007–2020). Source: World Economic Forum, 2020.

      Figure 7 Different perspectives on risk.

      Figure 8 Definition of the scope of risk management.

      Figure 9 Relationship between principles, framework, and risk management process.

      Figure 10 The principles of RM according to ISO 31000.

      Figure 11 The RM framework.

      Figure 12 Components of a risk management framework.

      Figure 13 Risk management framework.

      Figure 14 Leadership and commitment.

      Figure 15 Internal and external context.

      Figure 16 Identify the requirements related to risk management.

      Figure 17 Implementing the risk management framework.

      Figure 18 Scheme of the risk management process according to ISO 31000.

      Figure 19 Relationship between the RM principles, framework, and process.

      Figure 20 Improving the risk management framework.

      Figure 21 The risk assessment phase in the context of the RM process.

      Figure 22 Level of risk.

      Figure 23 Frequency analysis and probability estimation.

      Figure 24 Risk acceptability and tolerability thresholds.

      Figure 25 Example of a risk matrix with level of acceptability regions.

      Figure 26 Prioritization of risk given impact and liklihood.

      Figure 27 Risk prioritization and the risk matrix.

Figure 28 Matrix example for qualitative ALARP analysis.

      Figure 29 Achieving balance in risk reduction.

      Figure 30 Risk treatment activities.

      Figure 31 Residual risk.

      Figure 32 Risk management process continuous improvement.

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