Risk-Based Assessment of Pipeline Design
A rigorous pipeline design assessment, or pipeline consequence assessment, process that goes beyond the minimum requirements of codes and regulations to identify potential future operating risks relating to a proposed new pipeline.
Management System Audit
A pipeline management system (the Management System) provides a framework to manage risk throughout the pipeline lifecycle and documents the objectives, the associated performance requirements, and identify the proper sequence of processes and procedures to be managed, scheduled, tracked, documented, communicated and reported.
Enterprise Risk Management Development
An enterprise risk management (ERM) system development comprises a series of processes and linkages that must encompass the present risk management framework and fit within the overall corporate and asset management system and developed safety culture.