Purpose:

This tutorial is designed to provide participants with a basic understanding of Risk Assessment (as a component of Risk Management) in preparation for active participation in Working Group 7, Pipeline Risk Management. This tutorial will provide a brief overview of pipeline risk assessment key concepts, approaches and considerations.

Topics:

• Risk Definitions and Concepts
• Pipeline Risk Assessment Concepts
• Guidance from Standards
• Pipeline Risk and Reliability Modeling
• Risk Presentation Methods
• Risk and Reliability Acceptance Criteria
• Integrating Risk Results into Integrity Management