Protocol Item C.03

1. prioritization of pipelines/segments for scheduling integrity assessments and mitigating action
2. assessment of the benefits derived from mitigating action
3. determination of the most effective mitigation measures for the identified threats
4. assessment of the integrity impact from modified inspection intervals
5. assessment of the use of or need for alternative inspection methodologies
6. more effective resource allocation
7. facilitation of decisions to address risks along a pipeline or within a facility

1. Subject matter experts (SMEs),
2. Relative assessment models,
3. Scenario-based models, or
4. Probabilistic models

1. The risk assessment approach contains a defined logic and is structured to provide a complete, accurate, and objective analysis of risk [ASME B31.8S-2004, Section 5.7(a)];
2. The risk assessment considers the frequency and consequences of past events, using company and industry data [ASME B31.8S-2004, Section 5.7(c)];
3. The risk assessment approach integrates the results of pipeline inspections in the development of risk estimates [ASME B31.8S-2004, Section 5.7(d)];
4. The risk assessment process includes a structured set of weighting factors to indicate the relative level of influence of each risk assessment component [ASME B31.8S-2004, Section 5.7(i)];
5. The risk assessment process incorporates sufficient resolution of pipeline segment size to analyze data as it exists along the pipeline [ASME B31.8S-2004, Section 5.7(k)].

1. the risk assessment plan calls for recalculating the risk for each segment to reflect the results from an integrity assessment or to account for completed prevention and mitigation actions. [ASME B31.8S-2004, Section 5.11, and ASME B31.8S-2004, Section 5.7(c)]
2. the operator integrates the risk assessment process into field reporting, engineering, facility mapping, and other processes as necessary to ensure regular updates. [ASME B31.8S-2004, Section 5.4]
3. the integrity management plan calls for revision to the risk assessment process if pipeline maintenance or other activities identify inaccuracies in the characterization of the risk for any segments. [§192.917(c) and ASME B31.8S-2004, Section 5.12]
4. the operator uses a feedback mechanism to ensure that the risk model is subject to continuous validation and improvement. [§192.917(c) and ASME B31.8S-2004, Section 5.7(f)]

Verify that adequate time and personnel have been allocated to permit effective completion of the selected risk assessment approach. [ASME B31.8S-2004, Section 5.7(b)]