Capital Optimization to Address Class Change Locations

When a class location change impacted two pipeline sections, a major North American transmission operatorAn entity or organization responsible for the operation, management, and maintenance of a pipeline system. The operator is entrusted with ensuring the safe, rel… needed to identify the most effective path to regulatory compliance while maintaining system integrityThe capability of a pipeline to perform its intended function safely and reliably throughout its life. It includes a range of factors, including the structural … and throughput. Leveraging NDT Global's Integrity Management product brand - Dynamic RiskA measure of loss in terms of both the incident likelihood of occurrence and the magnitude of the consequences.’s Capital Optimization process and quantitative risk assessmentThe process of identifying, analyzing, and evaluating potential risks or hazards in order to determine their likelihood, potential impact, and to develop strate… expertise, the operator evaluated multiple corrective action scenarios using a Net Present Value (NPV) framework to determine the solution that delivered the greatest long-term value. Download the case study to see how risk-based decision-making helped optimize investment strategies and support continued safe operation.