Comparative Criteria Especially where quantitative acceptable risk criteria are not available, comparative risks are used to help judge acceptability. See examples and related discussions of…
Ctr Excellence Risk Mgmt
Comparative Criteria Especially where quantitative acceptable risk criteria are not available, comparative risks are used to help judge acceptability. See examples and related discussions of…
Pipeline Risk Assessment—Risk Profiling Traditional QRA relies heavily on historical incident rates. When applied to pipelines, this means that a pipeline—a population of pipe…
instructional materials using real world data and situations
Where is the Corporate Risk Strategy? article PMM choices, value judgements, risk appetite, risk tolerance. regs are ok with this: op sets his own once…
Full discussion of mitigation in Chap 11 CoF With ‘failure’ defined as leak/rupture (loss of integrity), we can utilize the previously discussed guiding equation for…
Exciting Times for Pipeline Risk Management Armed with modern and robust RA, we are now better able to manage risks. ‘Better’ means more consistently, efficiently,…
Preventive and Mitigative Measures (PMM or P&M) is a common regulatory phrase which really means ‘risk management’. Here is a risk management discussion with a…
Since there is no true market for public safety, pipeline operators may produce less public safety when there is no sufficient incentive for them to…
Due Diligence—Risk Costs of Asset Ownership In this column, we occasionally highlight applications of risk assessment that are perhaps less apparent to some. Since risk…
Where is the Risk Control Strategy? In an earlier article, we noted that risk management is, in effect, often unintentionally delegated to decision-makers occupying the…