I think that listing is confusing tools with RA methodologies. The two examples you mention are important ingredients in any good RA but they are certainly not complete RAs themselves.
Results for Risk Modeling
The PHMSA has recently criticised how Integrity Management Plan (IMP) risk assessments (RAs) for pipelines are being conducted. Do you also see problems?
There is a wide range of practice among pipeline operators right now. Some RA is admittedly in need of improvement, not yet meeting the intent of the IMP regulation. However, I believe that is not due to lack of good intention, but rather incomplete understanding of risk. Risk is a relatively new concept, and is […]
Calibration of Risk Estimates
Resources to help validate, verify, and calibrate risk assessment results: Book chapter 3.7 phmsa pipeline failure investigation reports USA pipeline incident stats European pipeline accident stats Canadian Australian UK pipeline regulation, guidance, data
How to do modern pipeline risk assessment?
Pipeline Risk Management Chapter 1 highlights 1.1 Risk assessment at-a-glance 1.2 Risk: Theory and application 1.2.1 The Need for Formality 1.2.2 Complexity 1.2.3 Intelligent Simplification 1.2.4 Classical QRA versus Physics-based Models 1.2.5 Statistical Modeling 1.3 The Risk Assessment Process 1.3.1 Fix the Obvious 1.3.2 Using this Manual 1.3.3 Quickly getting answers 1.4 Pipeline Risk Assessment: […]
Risk Assessment is an investigative journey
Formal risk management has become an essential part of pipelining. As an engineered structure placed in a constantly changing natural environment, a pipeline can be a complex thing. Good risk assessment is an investigation into that complexity; providing an approachable, understandable, manageable incorporation of the physical processes potentially acting on a pipeline: external forces, corrosion, […]