The Howdy Glossary

The RiskPoynt Barrier Model is a specialized software tool developed by RiskPoynt for managing risk in complex industrial operations. It provides a visual representation of multiple barriers that can be activated to prevent incidents, aiding decision-makers in understanding how each barrier contributes to overall risk reduction and identifying potential weaknesses. This model enhances operational safety performance by improving hazard identification and enabling proactive management strategies within industrial settings.

RiskPoynt, the company behind the Barrier Model, specializes in creating risk management solutions tailored specifically for complex industrial environments. The model integrates with other modules within the broader RiskPoynt platform, such as bowtie analysis, offering comprehensive risk management capabilities. Its unique features include the visualization of multiple barriers and their activation process, which aids decision-makers in effectively managing risks. This competitive edge is enhanced by its user-friendly interface and specialized functionality designed for complex industrial operations.

Competing products in this field include BowTieXP, SAP Risk Management, Enablon EHS, EtQ Reliance, and DNV PHAST, each offering distinct features for risk assessment and safety management in industrial settings. However, the RiskPoynt Barrier Model differentiates itself through its emphasis on visualizing barriers alongside risks they protect against and integrating seamlessly with the broader RiskPoynt platform for holistic safety management. This focus on improving operational safety performance through better hazard identification and proactive mitigation strategies makes it a valuable tool for decision-makers aiming to enhance safety outcomes in complex industrial environments.