Based on the information found on the official website, it appears that BowTieXP is a risk analysis application that uses the Bowtie Method to assess risks. I've checked their official website, but I didn't find anything related to the tripod investigations.
You will have to visit the official website to learn about it: http://www.cgerisk.com/software/risk-assessment/bowtiexp
There is also the possibility to try the software as well using the button on the main page called Try Now.