SYSTEM AND METHOD FOR CALCULATING A COMPREHENSIVE PIPELINE INTEGRITY BUSINESS RISK SCORE

摘要

A method and system for calculating pipeline integrity business risk score for a pipeline network is provided. The method includes a step of first calculating a structural risk score, an operational risk score and a commercial risk score for each pipeline segment in a pipeline network. The method further includes calculating pipeline integrity business risk score for each pipeline segment. The structural risk score, operational risk score, commercial risk score and pipeline integrity business risk score for each pipeline segment is rolled-up to calculate the respective risk scores of a pipeline network. The rolled-up risk scores are calculated by computing weight factors for each pipeline segment, relative risk scores weight of each pipeline segment and relative risk scores contribution of each pipeline segment. The system of the invention comprises executable files, dynamic linked libraries and risk score computing modules configured to display the risk scores using a dashboard.