A foundational element of this risk assessment methodology is that all available information be utilized appropriately. All inputs into the risk assessment can be thought…
Ctr Excellence Risk Mgmt
A foundational element of this risk assessment methodology is that all available information be utilized appropriately. All inputs into the risk assessment can be thought…
Anatomy of a Hazard Zone Hole Size Historical Incident Data CoF Mitigation as Risk Reduction Full read at Chapter 11 Guiding Equation Leak impact (LI)…
Since the focus of this site is QRA–quantitative risk assessment–numbers will play a critical role here. An underlying premise in optimal risk assessment is that…
The risk assessment framework described here is very robust. It can be used for any pipeline material, service (product transported), component, etc. It can also…
Risk Assessment Should Not Add Complexity Complexity In any modeling effort, complexity should exist only because the underlying real-world phenomenon is complex. The RA should…
See also Missteps, Myths, and Past Practice Classical QRA versus Physics-based Models Many documented risk assessment approaches are based solely on statistical analyses. This is because…
See also Missteps, Myths, and Past Practice “Attempts to assess risk without estimating frequencies and intensities is like designing a bridge without considering loads/forces. You’re…
Published Article Damage vs Failure—A Risk Assessment Needs to Know the Difference Let’s take a deeper look into an aspect of the mechanics of good…
Troubles with Weightings There is currently great disparity in approaches and level of rigor applied to risk assessment by pipeline operators. This is largely due…
PL Risk Management—The Essential Elements of Risk Assessment As the desire for more robust pipeline risk management grows, so too does the need for superior…