HOW TO BUILD A RISK-BASED APPROACH TO CONDITION ASSESSMENT OF METALLIC TRANSMISSION MAINS
Today, new advancements in technologies and data analytics are helping utilities build asset management programs using a risk-based approach to pipeline condition assessment with the lowest financial impact.
There is no one-size-fits-all approach to assessing metallic pipelines. An approach should be tailored within the context of your risk tolerance while taking into consideration the material, diameter, and past failure history. Many different methods and technologies can be combined to provide data and information to make decisions and prioritize pipelines. The approach can range from do-nothing to a full in-line inspection making targeted repairs and be progressive in nature.
This white paper will highlight:
- how to develop a risk-based program
- how to define which of the three approaches to assessing metallic pipe best fits your goals and risk-tolerance
- how other utilities are finding success using these approaches to: extend remaining useful life, optimize capital expenditures, prevent failures, and increase confidence and level of service.