OPS Programs

The Risk Management Program Standard

Description of the Standard

The Risk Management Program Standard, developed by the joint government / industry Risk Management Program Standard Team, describes the necessary basic elements and characteristics of a pipeline company risk management program. The program standard is to be used by:

1. individual pipeline companies that are developing risk management programs for internal use
2. individual pipeline companies that are developing specific proposals to submit for consideration in the Risk Management Demonstration Program
3. OPS as a basis for developing the processes it will use to review risk management demonstration projects and approve specific risk management demonstration project proposals submitted by individual companies

The program standard is intended to serve as a common rational basis upon which the pipeline industry and its regulators can interactively develop and refine effective risk management programs and proposals. It is not intended to provide a detailed instruction manual that can be followed by rote by pipelines companies to develop a program or proposal, or a check list for OPS to review company risk management proposals.

This program standard defines the program and process elements of a comprehensive risk management program that all risk management demonstration project proposals shall contain, but allows flexibility to each company to customize its risk management program to fit its particular needs and corporate practices, provided that the program supports the scope and goals of the demonstration project proposal. This program standard also includes a program evaluation and improvement element that enables programs to evolve as experience is gained.

Downloading the Standard

The standard is available for downloading in two formats:

• The recommended format is Adobe Portable Document Format (PDF). Adobe provides a free PDF document reader that can be used to view or print PDF files. Click here to learn more about the Adobe reader and how to download it.
• The document is also available as a Corel WordPerfect 7.0 file with embedded PowerPoint slides.

Download the standard as a PDF file (102K)

Download the WordPerfect version (169K)

Download the PowerPoint slides (44K)

You can also request a hardcopy version of the standard by sending E-mail to Janice Morgan at OPS.

Last modified : 01/19/2007 11:34 AM