Probabilistic Failure Models for Pipeline Risk Assessment
Led by Thomas Dessein and Daryl Bandstra
March 13-14, 2024 | Online

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Schedule

• Overview and History of Reliability Assessment
  
  • History and Development
    
  • Reliability vs. Factor of Safety
    
  • Uses of Reliability Methods in Engineering
    
  • Reliability, Consequence and Risk
    
• Risk and Reliability Codes and Standards
  
  • International Standards
    
  • Guidance from the PHMSA Risk Model Working Group (RMWG)
    
• Probabilistic Assessment Process
  
  • Hazard Assessment
    
  • Limit State Definitions
    
  • Development of Probabilistic Variables to Quantify Uncertainty
    
  • Calculating Reliability (with examples using Monte Carlo Simulation)
    
  • Evaluation of Results
    
  • Risk and Reliability Thresholds
    
  • Risk Mitigation Options