• 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

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

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