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Pipeline Risk Management
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| Thursday, September 14, 2006 | |
| 7:30am | Registration,coffee |
| 8:00am-5:00pm | Course |
| Friday, September 15, 2006 | |
| 7:30am | Coffee |
| 8:00am-12:00pm | Course |
Instructor: W. Kent Muhlbauer
WKM Consultancy
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 1.5-day 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. 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 3 principals of WKM Consultancy have over 70 years combined experience in pipeline design, construction, operations and management with over 20 years specific to pipeline risk management and integrity management. Since it's inception in 1994, WKM has been an advisor to government regulatory agencies and academia as well as the primary consultant in numerous pipeline technical projects for more than 50 clients, including many major U.S. and international pipeline operating companies.
Instructor W. Kent Muhlbauer, is a principal of WKM and is the author of the widely respected reference book Pipeline Risk Management Manual. which is part of the course material. Prior to forming WKM, Kent worked in all phases of engineering, operations, and management of natural gas and hazardous liquids pipelines while with Dow Pipeline Company.
CEUs
Upon completion of the course, participants will be eligible to receive .8 Continuing Education Units.
Course contents include:
- Basic Concepts of Risk
- Risk Assessment Processes
- The Indexing Technique
- 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 general knowledge of pipeline risk concepts and how they can be practically integrated into pipeline operations, maintenance, design, or regulation.
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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