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Use the power of Excel

Take your bowties to the next level with existing data. Introduce new data values and a wide range of formulas to your bowtie.

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Customize your risk calculations

Improve risk based decision making with cost-benefit analyses, ALARP calculations or barrier criticality calculations.

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Take the next step

Quantify your bowties. Visualize your customized calculations in one barrier based risk picture: the bowtie diagram.

Spreadsheet feature overview

  • What is Spreadsheet feature?

    What is Spreadsheet feature?

    The Spreadsheet feature in BowTieXP Complete allows you to create your own methods for quantified and visual risk assessment in BowTieXP.

    BowTieXL

    The application introduces a Microsoft Excel compatible spreadsheet into BowTieXP, which exposes all the information in the case file as tabular data in this spreadsheet. This allows you to use that data to do spreadsheet calculations based on that data, and feed the results back into your bowtie model.

    It also allows you to define extra variables on the bow-tie diagram itself for use in calculations. This functionality gives you a lot of freedom to create what you need. You can for instance calculate average effectiveness of controls, use the effectiveness score to color controls, create a financial model that lets you know what the cost reduction is for each control that you add or make a questionnaire that feeds back into your bowtie.

  • Quantify your bowties

    Quantify your bowties

    Create your own risk analysis methods by using BowTieXL. Build and manipulate data in bowtie diagrams by making use of Microsoft Excel functionality. This software connection allows for freedom and flexibility, finding various ways to quantify bowties. Create actual risk pictures by using self-conceived formulas.

    BowTieXL

  • Get more out of your data

    Get more out of your data

    Customize calculations using Excel functionality to add value to your data. Build a more dynamic picture by combining multiple data resources and aggregating the results. Barrier effectiveness values can for example be calculated and linked to consequences to help determine an organization’s ALARP level.

    BowTieXL

  • Improve risk assessments

    Improve risk assessments

    Improve your risk based decisions by combining both qualitative and quantitative risk assessments, all visualized in one clear bowtie picture. Enable multiple ways to carry out Process Safety calculations for your Safety Integrity level (SIL), Safety Instrumented Function (SIF), Failure Mode and Reliability Analysis (FMRA), and so on.

    BowTieXL

Want to learn more? Ask one of our product managers to do a free online demo

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Looking for an opportunity to discuss the Spreadsheet feature? Have a look at one of the scheduled events below or check the complete event calendar. If you can’t find a course of your interest, don’t hesitate to contact us via [email protected] or +31 (0) 70 362 6126 so we can help you find a suitable alternative.

Combine with our other software solutions

BowTieXP is the most advanced software tool based on the bowtie method. The visual risk assessment the method provides improves risk understanding, communication and management.
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IncidentXP allows an organization to maximize learning from incidents: link investigation results to the bowtie risk assessment to detect trends and improve your risk assessment and management.
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BowTieXP Enterprise unites different risk disciplines in a single, central repository with bowties and related information. It combines all the powerful tools we offer and unifies them across the organization.
Learn More
Not sure yet? Get personal advice

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Feel free to call us with any questions you might have. Our enthusiastic support team is here to help you choose the solution best suited to your needs.

Call us now at +31 (0)70 362 6126 (09:00-17:00CET) or visit the Support section on our website.

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