February 14, 2011
1:00pm	Registration & coffee
1:30 - 5:00pm	Course
February 15, 2011
8:00am-5:00pm	Course

Pipeline Risk Management

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.

Course objective

The course is especially designed for

project managers,
engineers,
maintenance and technical personnel responsible for pipeline integrity assurance, flow assurance, corrosion control, and safety.

Who should attend

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

Course Notes

All delegates will receive a detailed set of lecture notes providing an invaluable reference document.

Continuing Education Units

Upon completion of the course, participants will be eligible to receive 1.0 Continuing Education Units (CEUs).

Lecturer

WKM Consultancy specializes in pipeline design, construction, operations and management with over 20 years experience 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.

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

Organized by:


Supported by:			Sponsors:

			Gold Sponsors
			Silver Sponsors
			Lunch Sponsor