Pipeline operators often use risk modeler to help conduct integrity assessments
for their Integrity Management (IM) Programs. Upon completion of baseline
assessments and moving into the reassessment phase, operators are facing new
challenges. For example, how do operators identify, understand and react to
risks and threats that not specifi cally identifi ed in the federal regulations?
How do they determine reasonable re-assessment intervals and implement
preventative measures to protect High Consequence Areas? Currently, the
resources necessary to perform reassessments and respond to the results of these
re-assessments are limited. Geonamic® Risk Dashboard is the tool designed for
the new period of IM program evolution. It helps operators prepare for these
challenges. Risk Dashboard provides an easy to use, powerful environment where
IM operators can analyze their risk segment results, continually evaluate
pipeline threats and perform comprehensive what-if scenario analyses, so they
are more secure moving into the reassessment phase.
What if Scenario Tool:
• Allows user to analyze the pipeline for high risk segments and identify risk
drivers for any one of several pre-defi ned pipeline segments or custom defined
segment
• Allows user to select potential risk reduction projects and the tool
calculates the change in risk that would occur if that project is completed
• Allows user to select multiple projects for a given segment
• The output of each what-if scenario can be linked to the company’s budgeting
system and project tracking tools
• Calculates risk reduction associated with required activities, providing
benchmark values for preventive projects
• Live risk scoring increases the ability to design integrity re-assessments
• Live risk scoring provides opportunities for continual evaluation for
pipeline threats
Mitigation Project Management:
• Comprehensive mitigation report with rich charts and maps
• Mitigation report creation, submission and approval workflow
• Add, edit, and/or delete mitigation project
