Nuances of Exposure, Mitigation, Resistance In most instances, the categorization of each piece of information into one of these three is obvious—most variables are clearly…
Ctr Excellence Risk Mgmt
Nuances of Exposure, Mitigation, Resistance In most instances, the categorization of each piece of information into one of these three is obvious—most variables are clearly…
Incident Investigation Incident investigation is both a useful input into a risk assessment and a consumer of risk assessment results. In the former, learnings from…
… ingredients in risk assessments Let’s first differentiate between risk assessments and risk analyses. While there are many definitions out there for ‘risk assessment’, let’s…
As the first element of the overall PoF measurement, the estimate of ‘exposure’ (or ‘attack’) is anything that can damage a very weak pipeline component. This…
As the last piece of the PoF puzzle, an estimate of the component’s resistance against all failure mechanisms is sought. This includes a myriad of…
As the second element of the overall PoF measurement, mitigation is anything that prevents or lessens the exposure from reaching the component. PMM is an…
To manage the complex task of estimating Resistance in a pipeline system, especially the effects of damages and weaknesses, the Effective Wall Thickness concept is…
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…
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…