Risk Model Validation ...


49 CFR192 Subpart O, Protocol C.3 requires that "operators use a feedback mechanism to ensure that the risk model is subject to continuous validation..."

49 CFR192 Subpart O, Protocol C.4 requires an operator to "Verify that the integrity management program identifies and documents a process to validate the results of the risk assessment..."

49 CFR195.452 IMP Protocol 8 requires that the operator "periodically measure the effectiveness of the program..."


Risk algorithms can be generated or validated using data mining of performance data (i.e. ILI, DA) to generate a probabilistic susceptibility model and risk algorithm.

Integrity Solutions has developed a risk algorithm validation tool that compares data mining results with existing risk model results to identify key interactive variable risk algorithm improvements.


This tool can create a data-driven risk algorithm fully in tune with actual measured pipeline conditions.


 







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