Integrity Management program requires pipeline operators to consider various elements, and out of those elements, risk assessment plays a crucial role. To achieve actionable risk results, it is vital to know how to validate the results, and we have also found, setting risk tolerance limits better facilitates achieving actionable risk results. So the question is: how do you go about establishing risk tolerance criteria?
In our previous post in the series, How to Spot an Expert, we mentioned that there is no “one-size fits all” integrity management program (IMP). In summary, if a consultant suggests that a pipeline operator follow a template or program without having conducted a thorough analysis of your operations, needs, and gaps, they are likely more interested in selling a widget or promoting themselves, than ensuring that you get the best risk assessment for your organization.However, it can be challenging to see through the numerous messages, campaigns, and ever-prevalent online content to (pardon the pun) mitigate the risks of hiring the wrong consultant. So, in our latest installment of “How to Spot an Expert,” we’re focusing on helping you dive deep in your search for expertise when it comes to Pipeline Risk consulting.
Can we humbly brag for just a minute? There is so much talent and knowledge in the pipeline risk and integrity arena, and we at Integrity Plus are so honored to play a part in that. We are very proud of the incredibly qualified and intelligent folks on our team driving advancement in the field and we want to share our expertise with you!
New Century understands Integrity Management like no other software vendor. In fact, we recently launched an entire division dedicated to integrity analysis and consulting (read: Integrity Plus). With that in mind, we are constantly looking for bigger and better ways to help you quickly and accurately keep tabs on your pipeline risk. Our most recent innovation was updating our classic analysis application, Spatial Risk Analyst (SRA).