Advanced Pipeline Risk Management

November 3-5, 2010
Houston, Texas

Course Syllabus

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

Organized by:
Supported by: