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…
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…
How can stakeholders be assured that risk is well understood? let’s never lose sight of the fact that an owner/operator of a pipeline has introduced,…
The Outlook for Pipeline Risk Assessment (original 2014, updated 2020) An Interview with W. Kent Muhlbauer PHMSA has recently expressed criticism regarding how Integrity Management…
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…
Is Formal Risk Assessment Really Helping Me? Ever consider that true risk management sometimes occurs only at the lower levels of some pipeline organizations? That…
Measuring Failure Potential—What is Attacking? How Effective are Defenses? Can it Survive? This triad is a critical aspect of full and efficient PoF (FoF) modeling.…