The 25th INTERNATIONAL
Pipeline Pigging & Integrity Management Conference
plus Training Courses and Exhibition
Marriott Westchase Hotel • Houston, Texas • February 11-14, 2013
Advanced Pipeline Risk Management Course
|7:30am||Registration & coffee|
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 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. It will go into considerable depth in explaining the latest quantitative and qualitative methods for risk profiling and assessments. 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.
Anyone requiring a detailed knowledge of pipeline risk concepts and how they can be practically integrated into pipeline operations, maintenance, design, or regulation.
W. Kent Muhlbauer is a principal of WKM Consultancy, LLC, a firm specializing in pipeline design, construction, operations and management. With over 35 years’ experience in the pipeline industry, especially focused on pipeline risk management and integrity management, Mr. Muhlbauer, is an advisor to government regulatory agencies and academia as well as pipeline operators and remains an oft-invited speaker at industry conferences worldwide. Since its inception in 1994, WKMC, LLC has been the primary consultant in numerous pipeline technical and managerial projects for over 100 clients, including most major U.S. and international pipeline operating companies.
Mr. Muhlbauer is the author of the widely respected reference book series Pipeline Risk Management Manual, Editions 1 to 3, in print since 1991, as well as the new Pipeline Risk Assessment: The Definitive Approach and Its Role in Risk Management which is part of the course material.
Upon completion of the course, participants will be eligible to receive 1.4 Continuing Education Units.
Course contents include
- Objectives of Risk Management
- Gathering and Effectively Utilizing Information
- Using Model Results in Decision-Making
- 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
- 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
- Performance Measurements
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