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Tag: risk modeling

Evidence

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…

Weightings

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…

Words Matter

Words matter By W Kent Muhlbauer, WKM Consultancy, Houston, TX, USA Risk concepts sometimes harbour challenges in understanding and communications. This means that we must…