Risk Assessment

Pipeline risk assessment – Operators must use risk assessments to prioritize covered segments, and evaluate the merits of additional preventative and mitigative measures. The assessment must integrate all available information about the integrity of the entire pipeline and the consequences of a failure. Using our Spatial Risk Analyst application, our experienced team of professionals develops a defensible relative or absolute risk algorithm, quantifies threats and consequences along the pipeline, integrates spatial and other data, performs the risk assessment, and then provides the operator with results in the form of charts, tables, and/or risk alignment sheets. If you lack the necessary data, we can assist in developing what you need to perform useful risk assessments.

Facility risk assessment – Regulators are increasing their enforcement of risk assessment requirements in 49 CFR Part 195.452 to covered facilities and have cited operators based upon their Integrity Management Plan not containing a risk analysis that specifically addresses facilities and their unique attributes. Using our Spatial Risk Analyst application, our experienced team of professionals can help you perform facility risk assessments.