A Guide to Tolerance Criteria for Risk Results
Risk assessment is clearly an integral part of any pipeline integrity management program. Of the various risk assessment methodologies the pipeline industry has implemented, very few have established risk tolerance criteria. However, some countries like the United Kingdom, Netherlands, and Brazil, have defined and adopted risk tolerance limits, and this webinar reviews these techniques, discusses the possible adoption in the United States, and answers the questions:
- What is an acceptable risk score?
- How is the pipeline industry setting risk tolerance levels?
- How do you establish tolerance limits?
This webinar is intended for pipeline operators only.
Runtime: 37 minutes