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OPS Programs
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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:
-
individual pipeline companies that are
developing risk management programs for internal use
-
individual pipeline companies that are
developing specific proposals to submit for consideration in the Risk Management
Demonstration Program
-
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:
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
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