THESISBOWTIESOFTWARESOLUTIONRISKMANAGEMENTABSGroupprovidesholisticenterpriseriskmanagementtoolstohelpyouidentify,analyzeandmanagehazards.OurTHESISBowTie™6.3standaloneandTHESISEnterprise™riskmanagementsoftwaresolutionshelpdocumentriskanalysesinasystematicmanner,makingthecontrolofhazardseasiertounderstand.Developedtoassistriskmanagersandstakeholdersintheirdecisionmakingprocess,THESISdeliversasimplifiedandcomprehensiveriskmanagementsolutionformap-pingthreats,riskeventsandconsequencesatalllevelsofanorganization—fromthefront-endengineeringdesignstagethroughtooperationsanddecommissioning.THESISisacost-effectiveandreliablewaytoassessthediverserisksfacinganorganization.Oursoftwareintegrateswithriskmanagementtopromotesafety,reliabilityandbusinesscontinuityacrosstheenterprise.Developedtoassistriskmanagersandstakeholdersintheirdecisionmakingprocess,THESISdeliversasimplifiedandcomprehensiveriskmanagementsolutionformappingthreats,riskeventsandconsequencesatalllevelsofanorganization—fromthefront-endengineeringdesignstagethroughtooperationsanddecommissioning.*ABSGroupreferstovarioussubsidiariesofABSGroupofCompanies,Inc.,includingABSGConsultingInc.©Copyright2016ABSGConsultingInc.Allrightsreserved.5/16thesis@abs-group.comwww.abs-group.comTHESIShasbeenbuiltwithaGraphicalUserInterface(GUI)systemandadoptstheBowtieMethodtovisualizeanevent.Thesoftwareenablesorganizationstomap:•Causebyidentifyingmajorthreatsandrankingtheidentifiedrisksandthreatsaccordingtoseverity•Incidentscenariobyidentifyingreferenceaccidentscenariosand•Effectbyshowingconsequencesasaresultofanincident,withbarriersinplacetopreventorcontroltheeventfromhappeningFeatures•Completeriskassessmenttoolasitfacilitatesintegrationwithoverallbusinessmodelandoperationaldecisions•Demonstrateshazardsarebeingcontrolledasitillustratesdirectlinkbetweencontrolsandelementsofmanagementsystem•Communicateslayerbylayerandclearlyillustrateshowhazardsaremanagedeffectively•Bowtiescanbeappliedinlinewithotherorganizationalandsocio-culturalperformancematricessuchaskeyperformanceindicators(KPIs)•Integrityassuranceofallsafetycriticalcontrols•DesignedwithanenablingLOPAfunctionusedforresidualriskwithaninbuiltriskmatrixforqualitativeriskevaluationRiskVisualization•Auditing(ISO9001)•Brainstorming,informationcapture,riskidentificationandplanning•HAZID,HAZOP,LOPA,SILandGAPanalysisRiskRankingandProfiling•Customizableriskassessmentmatrices•Mitigationeffectivenessscoring•ALARPRiskManagementControl•Documentmanagementsystem•Definablerolesandresponsibilities•Actionsshortfalltracking•IntegrationwithexistingsystemcanbemadeavailableTHESISBOWTIERISKMANAGEMENTSOFTWARE“UsingthequalitativeBowtieMethod,THESISdisplaystherelationshipamonghazards,controls,riskreductionmeasuresandbusinessactivities,helpingmanagerscommunicatecriticalproceduresanddemonstratecompliance.”