Pipeline risk management is a critical aspect of maintaining the integrity and safety of pipeline systems. In an enlightening interview, we delve into the intricate world of pipeline risk management with Kent Muhlbauer, a renowned expert in the field. Muhlbauer's extensive experience and contributions have significantly shaped industry practices and standards. This blog post covers key insights from the interview, exploring what risk is, how to measure it, the probability of failure, expected loss, and the mechanics of risk assessment.
Pipeline risk management is a complex but essential discipline for ensuring the safety and reliability of pipeline systems. Through the insights shared by Kent Muhlbauer, we gain a deeper understanding of risk, its measurement, and the strategies for effective risk mitigation. Muhlbauer's expertise underscores the importance of continuous risk assessment and the implementation of robust risk management practices to protect both the environment and the economic interests of pipeline operators.
Meet the Expert:
Kent Muhlbauer
W. Kent Muhlbauer is been president of WKM Consultancy since 1994.
He has advised and consulted internationally in the specialized areas of pipeline risk management, pipeline quality management, regulatory compliance, and technical aspects of pipeline designs and operations. Mr. Muhlbauer has been a primary investigator and consultant in numerous pipeline technical projects for over 50 clients, including some of the largest pipeline operators in the world.
Mr. Muhlbauer is probably best-known for his influential book, Pipeline Risk Management Manual. He has also authored several high-end software packages, including the Pipeline Risk Controller, PipeCalc version 4.0, and the Pipeline Rules of Thumb CD.
