Risk and life management software for pipelines

pipeline risk audit enables inspection

maintenance resources to be risk-focused
optimum inspection periods are formally
obtained based on an implicit time
dimension of risk
risk mitigation measures are signalled and
selected to meet inspection frequency
targets
highly user friendly inspection management
tool in accordance with the new API RP 580



Industry is recognising that benefits may be gained from adopting formal risk-based
approaches to pipeline integrity management through improved targeting and scheduling of
inspection and maintenance effort.

RISKWISE for Pipelines
assesses the likelihood and consequence of failure for pipeline segments and produces an
itemised risk and remaining life profile for each pipeline or pipeline network
accepts output of pigging inspection and long range ultrasonic testing (UT) (e.g. Teletest

)
reports
is convenient to use and can be easily learned as the risk model allows qualitative as well
as quantitative input
includes a regular updated database with all relevant damage mechanisms, as well as
guidance on formulating the likelihood and the consequence of failure
the focus/defocus module allows the user to mitigate the risk of loss or optimise the current
inspection programme
identifies the high risk locations in each pipeline or pipeline network and allows inspection
to be properly targeted
determines the risk of failure with time which provides a formal basis for assessing
remaining life and hence establishing the period between pipeline inspections

Benefits in brief
provides a user friendly approach to
cost-effective life management of
pipelines for oil, gas, chemicals or
water transport
translates inspection data into
pipeline risk and remaining life
profiles for direct assessment
facilitates the selection of optimum
risk mitigation measures




RISKWISE
RISKWISE is a TWI software product

Risk computed
over three
time frames
(1TA,2TA,3TA)
Equipment
criticality
ranked
by RLI
Risk computed
over three
time frames
(1TA,2TA,3TA)
Equipment
criticality
ranked
by RLI
Risk computed
over three
time frames
(1TA,2TA,3TA)
Equipment
criticality
ranked
by RLI
245
276
76
8
A
B
C
D
E
F
G
H
J
REM. LIFE < 5 YEAR
REM. LIFE 5 - 10 YEARS
REM. LIFE > 10 YEARS
Legend: Remaining life
245
276
76
8
A
B
C
D
E
F
G
H
J
REM. LIFE < 5 YEAR
REM. LIFE 5 - 10 YEARS
REM. LIFE > 10 YEARS
Legend: Remaining life
RISKWISE output converted to remaining life
distribution throughout a pipeline network
Key features
user friendly software, fully
transparent ensures
buy-in by users
audit team approach
accommodates plant
experience
interfaces with existing
inspection data
management systems
time-based risk auditing
module equipment
ranked by risk and
remaining life
inspection frequency
based on formal reliability
rules remaining life indicator (RLI) module
focus/defocus module facilitates selection of optimum mitigation measures
screens high risk areas requiring fully quantitative probabilistic assessment
fully auditable output acceptability to insurers/regulators
Implementation approach
RISKWISE can be applied to all
types of pipelines including those for
oil, gas, chemicals or water
transport. The following approach is
normally adopted:

1. customise and populate
software to the specified
pipeline or pipeline network
2. install the software
3. training in the implementation
and functionality of the
software
4. back-up consultancy support
as required.

Equipment requirement
PC (stand-alone or networked)
MS-Windows operating system (NT 4.0, or higher)

Contact
Please contact riskwise@twi.co.uk or visit our website for up-to-date
information on TWIs complete suite of RISKWISE
TM
products.


TWI Software
Granta Park, Great Abington, Cambridge CB1 6AL, UK
Tel: + 44 (0) 1223 891162 Fax: 44 (0) 1223 892588
E-mail: riskwise@twi.co.uk Website: www.twi.co.uk

758.09/03
summary screen