A qualitative or semi-quantitative risk assessment can be used when there is not sufficient data to undertake a fully quantitative risk assessment (QRA) or when a QRA is not warranted.

The steps in a qualitative or semi-quantitative risk assessment should conform to the guidelines provided in AS/NZS ISO 31000:2009 "Risk Management - Principles and Guidelines"

In most qualitative or semi-quantitative risk assessments a risk matrix will be utilised, conforming to the guidelines provided in AS/NZS ISO 31000:2009 "Risk Management - Principles and Guidelines" . The advantage of using a risk matrix as the risk assessment tool is that it enables hazards to be quickly assessed to provide a comparison of risk levels between hazards.  This enables hazards that are not significant to be screened out and focuses management towards the more significant hazards.

Bow-Tie Consulting’s personnel have extensive experience in managing the workshop group to ensure that the chosen risk management controls are effective and that the controls will be adequate to manage the hazard.  This is one of the key skills that our facilitator brings to the risk workshop process.

A second skill to achieving the best outcomes from a workshop team is to ensure that there is involvement from all the stakeholders in the workshop. Our facilitator uses specific human interaction models to manage the human factors in workshops and is able to manage group participation to ensure the input from all people is captured and recorded.