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Development and Implementation of an Operational Risk Management Framework Aligned With ISO 31000

[+] Author Affiliations
David Weir, Susan Urra

Enbridge Pipelines Inc., Edmonton, AB, Canada

Paper No. IPC2012-90237, pp. 389-399; 11 pages
doi:10.1115/IPC2012-90237
From:
  • 2012 9th International Pipeline Conference
  • Volume 2: Pipeline Integrity Management
  • Calgary, Alberta, Canada, September 24–28, 2012
  • Conference Sponsors: International Petroleum Technology Institute, Pipeline Division
  • ISBN: 978-0-7918-4513-4
  • Copyright © 2012 by ASME

abstract

The International Standards Organization (ISO) standard 31000 (Risk Management – Principles and Guidelines) provides guidance on the development of a systematic approach to managing risk within an organization. Using ISO 31000 as a guide, Enbridge Pipelines has enhanced its existing release-focused risk-informed decision-making approach and risk management process. The development of this enhancement has involved engagement of all levels of management and staff, and has required consideration of corporate cultural change, staff communication and training, development of performance measures, and management reporting.

This paper provides a high level overview of the ISO 31000 standard as it pertains to its use in the development of the Enbridge Pipelines operational risk management framework, the roadmap for implementation of the framework, and discusses the challenges, successes, learnings, and early results of implementing the framework in a large multi-national pipeline company.

Copyright © 2012 by ASME
Topics: Risk management

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