Newsletter: BowTieXP 4.0 & BowTieXL

In this newsletter, we discuss the latest 4.0 version of BowTieXP, and give you a sneak peek into BowTieXL, the new add-on that allows you to quantify your BowTie.

BowTieXP 4.0

Drag the diagram

You can now navigate around the diagram by dragging it with the mouse. Instantly understandable, this makes working with the diagram a joy.

Diagram options

The diagram options have been completely redone to ensure maximum usability. All options are now in one smart dialogue so you can quickly change the diagram to your needs

Extra info

Extra info is now also available on Threats and Consequences. This allows you, especially in combination with BowTieXL, to do some amazing things to communicate risk.

Many many more

Bug fixes, small enhancements, usability issues. BowTieXP 4.0 is a breath of fresh air in big and small ways.

BowTieXL

Thinking about risk tends to fall into two camps. One uses quantitative data and the other uses qualitative scenarios. These two approaches were always difficult to reconcile. BowTieXL bridges the gap and gives you one place where your qualitative and quantitative risk analysis can live.

Governors has always been a company that favoured qualitative risk analysis because we think that reality is best described in a qualitative way. This has not changed much. We still believe that qualitative risk analysis is the basis for any good risk management system. However, the time for juxtaposing the two is gone. Quantitative and qualitative risk analysis can be used to supplement each other and the future of risk management is to do just that. Qualtitative risk analysis gives you the right broad focus on risk, whereas quantitative risk analysis is able to provide an in depth analysis of risk. We were faced with the challenge of combining the two to provide the bigger and the detailed picture simultaneously. To realise this Governors created BowTieXL, the add-on to BowTieXP that gives you the freedom to quantify a Bowtie.

Last modified on Tuesday, 13 July 2010 12:58