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151352 Risk Management
             The following sections or independent documents could fall   1.3.1.2  Interpretation ofResults
           under this portion of the program.            1.3.2  Risk Management Strategy
                                                         1.3.3  Project Prioritization
           Preliminary risk management                   1.3.4  Risk Management in Design Process
                                                         1.3.5  Performance Tracking
           Until a preliminary risk assessment has been performed on all
           sections of the system, more attention will be directed toward
           sections that                              XII.  Risk communications
             Have higher incident frequency           As  with  the  concept  of  “acceptable risks,” the multifaceted
             Carry more product                       topic of risk communications is not fully explored in this text.
             Are in higher population areas.          Many fascinating reports and psychological, sociological, and
                                                      anthropological studies dealing with risk perceptions, behav-
           Use OfRiskAssessment Results               ior, and communications can be found. The intent here  is to
             Action points                            equip the practicing risk manager with  some basic concepts
             Identification of risk drivers           underlying this issue so that he or she might be more effective.
             Prioritized ranking of system components
             Project cost estimation                  Communications benefits
             Project evaluation
           0  Rate of spending.                       Some risk  assessments  are done  for the  express purpose  of
                                                      communicating  risks to very specific audiences. A common
           Performance monitoring and feedback        example is a regulatory approval process involving public hear-
                                                      ings. Beyond such special applications, having effective com-
           Through this program, improvements are expected in decision   munications  abilities  in  an  organization  could  result  in the
           consistency,  overall  risk  levels,  and  control  of  spending.   following benefits to a company:
           Verification  of  these  expected  improvements  is  achieved
           through tracking of                          Improved  community  perception  and  understanding  of
                                                        potential risks
           0  Pipeline leaksibreaks                     Improved community understanding  and support of emer-
             System outages                             gency preparation activities
             Other failures                             Improved ability of the  community to act  on  requests for
             Incident reports                           emergency actions (shelter-in-place, evacuation)
             Riskscores                                 Reduced impact in the event of an emergency or disaster
             Repair costs                               Decreased potential  for legal action by the community to
             Spending levels.                           protest what it may consider to be an inequitable risk bal-
                                                        ance.
           Related procedures
                                                        seems reasonable that, if a risk to the community exists. the
           The  following  are  possible  procedure  titles  that  should  he   community deserves to be informed and consulted. This might
           developed in support of the overall risk management program.   involve presenting a fair and balanced assessment-informing
           These procedures would address the specifics of items noted in   only. It might also involve informing with a specific objective
           the more general, high-level procedures for which samples are   in mind such as to alert, that is, to prepare an audience to take
           shown above.                               action;  or to  reassure, that  is, to  reduce  anxiety  about very
                                                      unlikely events. A fundamental distinction in risk communica-
            1.1  Data Collection and Maintenance Procedure Set   tion is deciding whether people are likely to be more concerned
              1.1.1 Management of Change (triggers, roles, responsibil-   than is considered appropriate (over-react) or be less concerned
                  ities, processes, etc.)             than  is  considered  appropriate  (under-react).  Generally, the
              1.1.2  Repairs (including documentation and data collec-   public will tend to overreact, especially to unfamiliar threats.
                  tion)                                 A  company’s  communications  objectives  will  change
              1.1.3  Leaksibreaks (investigation and data collection)   depending on the stage of the event. These stages are listed in
              1.1.4  Claims (data collection and feedback loops)   Table 15.8.
              1.1.5  Corrosion Control Data
            1.2  Risk Assessments Procedure Set        The communicator
              1.2.1  Pipeline
              1.2.2 Pump stations                      Before the issue of public communication can be explored, it is
              1.2.3  Tank Farms                        important that the true nature of the risk analysis be very clear
              1.2.4 Processing plants                  in the communicator’s mind. In the construction and applica-
              1.2.5 Other                              tion of models to estimate risk, it is easy to lose sight of the
            1.3  Risk Management Procedure Set         inherent uncertainties  involved. Particularly when results are
              1.3.1 Analyses of Risk Assessment Results   expressed in numbers that appear to be “scientific” (e.g., 3.42
                  1.3.1.1  Tests for Model Bias (histogram analyses)   x10@ fatalities per mile-year for permanent residents within
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