Integrating risk assessment into information management plans. A. Wood. Pipeline Gas Ind., August 1997, 80(8), 33--37.
A risk assessment process is used to assist the allocation of resourcces in pipeline operation and maintenance. The concept of risk assessment is described and illustrated and applications are discussed. It is used in the development of an information management strategy. Benefits are reviewed and automated data preparation, extended analytical environment validation, and predictive maintenance aspects are described. Risk analysis is used as an indicator of pipeline condition. It integrates data on design specifications, operating conditions, and environmental aspects. The technique is recommended to pipeline companies for improving operational profitability and protecting the environment. 4 refs.
- Journal title: Pipe Line & Gas Industry