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Dynamic risk analysis using bow-tie approach

Open access
Khakzad, Nima, Khan, Faisal, Amyotte, Paul·2012·Reliability Engineering & System Safety

Abstract

Accident probability estimation is a common and central step to all quantitative risk assessment methods. Among many techniques available, bow-tie model (BT) is very popular because it represent the accident scenario altogether including causes and consequences. However, it suffers a static structure limiting its application in real-time monitoring and probability updating which are key factors in dynamic risk analysis. The present work is focused on using BT approach in a dynamic environment in which the occurrence probability of accident consequences changes. In this method, on one hand, failure probability of primary events of BT, leading to the top event, are developed using physical reliability models, and constantly revised as physical parameters (e.g., pressure, velocity, dimension, etc) change. And, on the other hand, the failure probability of safety barriers of the BT are periodically updated using Bayes’ theorem as new information becomes available over time. Finally, the resulting, updated BT is used to estimate the posterior probability of the consequences which in turn results in an updated risk profile.

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Metadata

Authors
Khakzad, N., Khan, F., & Amyotte, P.
Venue
Reliability Engineering & System Safety
Publisher
Elsevier BV
Published
2012-08
Volume
104
Pages
36-44
ISSN
0951-8320 (ISSN-L)
OpenAlex
W2085731719
Cited by
373
References
19
FWCI
13.44
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Dynamic risk analysis using bow-tie approach. https://app.cochat.ai/papers/10.1016/j.ress.2012.04.003
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Khakzad, N., Khan, F., & Amyotte, P. (2012). Dynamic risk analysis using bow-tie approach. Reliability Engineering & System Safety. https://doi.org/10.1016/j.ress.2012.04.003

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