Pipeline risk assessment
Risks must be minimized. Always.
Risk Assessments are common in the pipeline industry. They are crucial to investigate inspection and maintenance strategies.
Different methods exist and for differing purposes. The Risk Assessment approach supported in PRIMS is designed to help you understand how and why risks vary along the pipeline and over time. You can then direct resources to where they are most effective. Our risk assessment module uses the W. Kent Muhlbauer method by default but custom variants are also possible.
Risk assessment methods
Pipeline Risk Method Modelling
Pipeline Information Management System PRIMS can define and apply multiple risk models such as the W. Kent Muhlbauer method or custom variants if required.
Risk Profiling
To make the results of the Risk Assessment easier to understand, the representations include typical thematic mapping with color coding according to levels of risk.
Regulatory Compliance Check
We compare the current situation to regulations and best–in–class practices that apply to both prescriptive and aspirational (ALARP) regimes. This results in a gap analysis report.
Benefits
Evaluate where to invest
With PRIMS, you identify threats to your pipeline network and you gain insight where to invest in maintenance to improve safety first.
Assess multiple pipelines and sections
Using the WKM model or custom variants, we provide risk assessments on consistent basis for multiple pipelines and sections.
Identify gaps
Assess the future economical life of your pipelines and improve insight in repair and maintenance needs to plan your investments accordingly