Pipeline Risk Management Program
December 4-5, 2008
Course Outline
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
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