Course Description
Risk management has been embraced by both the pipeline industry and regulatory agencies as a way to not only increase public safety but also to optimize all aspects of pipeline design, operations, and maintenance. This advanced workshop is designed to equip attendees with the information and the know-how to set up and implement a comprehensive risk management program for pipelines. It will go into considerable depth in explaining the latest quantitative and qualitative methods for risk profiling and assessments. The focus will be on the establishment of a program that not only fulfills regulatory requirements, but also gives the pipeline owner/operator a long-term decision support tool. This course begins with a review of risk management concepts and methodologies and then focuses on the most popular risk technique in current use by the pipeline industry. The emphasis throughout is on practical, ready-to-apply techniques that yield immediate and cost-effective benefits. This workshop is structured so that it is appropriate for either the practicing or the beginning risk manager. Each will leave with the necessary tools to begin or strengthen risk assessment techniques leading to a formalized risk management program. As much as is possible, course content will be directed to specific audience needs.
The Training Course Will Highlight ?
Training Objective

  • Basic Concepts of Risk
  • Risk Assessment Processes
  • Failure Modes
  • Consequence Analysis
  • Hazard Zone Calculations
  • Leak Impact Factor
  • Supplemental Assessments
  • Data Collection and Analysis
  • QA/QC of Data
  • Dynamic Segmentation
  • Using Common Spreadsheet and Desktop Database Tools
  • Managing the Risks
  • Resource Allocation Modeling
  • Practical Applications
  • Integrity Management and Risk Management

Target Audience

Anyone requiring a detailed knowledge of pipeline risk concepts and how they can be practically integrated into pipeline operations, maintenance, design, or regulation.

Training Methods

Daily Agenda

Introduction Methodology Quickview

  • Objectives of Risk Management
  • Gathering and Effectively Utilizing Information
  • Using Model Results in Decision-Making

Definitions Risk Assessment

  • Concepts
  • Tools
  • Methodology choices
  • Choosing the optimum approach
  • Data collection issues
  • A proposed methodology— the basic algorithm with assumptions
  • Customizing the methodology for specific applications
  • Sensitivity analyses
  • Databases and software issues
  • Tips and Learning Experiences in Practicing Risk Assessment

Risk Management

  • Data Analysis
  • Data-based Decision Making
  • Project Prioritization Based on Risk Assessments
  • Building a Resource Allocation Model
  • Correlating relative risk scales with absolute risk

Administrative Processes— Ingredients for Continued Success

  • Administrative support structures
  • Data maintenance
  • Reporting
  • Procedures
  • Training
  • Performance Measurements
Quick Enquiry

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Course Rounds : (5 -Days)

Code Date Venue Fees Register
MI104-03 26-05-2024 Jeddah USD 5450
MI104-04 11-08-2024 Dubai USD 5450
MI104-05 03-11-2024 Dubai USD 5450
Prices doesn't include VAT

UpComing Date

  • Start date 26-05-2024
  • End date 30-05-2024

  • Country Saudi Arabia
  • Venue Jeddah

Quality Policy

 Providing services with a high quality that are satisfying the requirements
 Appling the specifications and legalizations to ensure the quality of service.
 Best utilization of resources for continually improving the business activities.

Technical Team

BTS keen to selects highly technical instructors based on professional field experience

Strengths and capabilities

Since BTS was established, it considered a training partner for world class oil & gas institution

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