Risk management is a continuous process and relies on accurate and complete data. However, we all know data is never perfect, so how do we account for missing and uncertain data? Like all good processes there are a few different approaches and steps to take.
We've been busy attending conferences, hosting trainings and wrapping up projects for the year, and we're sure you're probably in the same boat. During that time, you might've missed out on some discussions of new and enhanced technologies, and different approaches to industry services and problems. Not to worry though, we have compiled our last five webinars touching on these topics for you to check out. Enjoy!
We understand, and have first-hand knowledge of, the challenges you face when implementing and performing risk assessments. Challenges can take the form of software or data management issues, communication barriers when sharing risk results, or completing preventive and mitigative measures most effectively.
Often, the solution doesn’t lie in a software application, person or process alone.
All three elements – technology, process and people – need to come together to address the dynamic challenges of performing risk assessments. To best support our clients, Integrity Plus blends the three elements together. Our risk engineers are directly involved in the design of our software application, Spatial Risk Analyst, and offer expert guidance on the workflows and processes that our operator clients execute on a daily basis.
As a result of the combined effort of people, process and technology, our offering fits into practical workflows, simplifies the day-to-day work of risk management and integrity professionals, and addresses their largest concerns. In the latest release of Spatial Risk Analyst, we’ve provided solutions to the following common challenges:
New Century Software is officially 23 years old! Even though our blog has 20 yearsto go to catch up to the rest of the company, in honor of our anniversary we took a look back at 23 of our (and your) favorite posts. So whether you’re revisiting a post or reading it for the first time, we hope you enjoy it!
Our Integrity Management & Compliance Symposium was so successful last year that we decided to hold it again this year May 2-3, 2017 in Galveston, TX. It’s right
around the corner and for anyone still on the fence about attending, we’ve got a few great reasons to change your mind.
To effectively manage the integrity and safety of your pipeline, you must have a risk assessment plan; and this plan must make validating and understanding risk results a top priority.
When was the last time you updated your plan?
Here at Integrity Plus, we have been in the risk assessment business for awhile. We work with a wide variety of operators and assessment types, performing various risk implementations, including both qualitative and quantitative risk models. We’d love to help you update and strengthen your plan!
In the world of pipelines, HCA stands for High Consequence Area. These are pretty important concepts; so important, actually, that New Century Software has created two applications that help determine HCAs:
- Spill Impact Analyst: Looks for environmental-type HCAs; for example: drinking water and protected lands.
- Gas HCA: Looks for HCAs by population.
So let’s take a closer look at HCAs and why they are so very important.
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).