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Application of Fuzzy Based Model to Manage the Critical Risk Factors in Oil and Gas Pipeline Projects

Kraidi, L, Shah, RK, Matipa, WM and Borthwick, F Application of Fuzzy Based Model to Manage the Critical Risk Factors in Oil and Gas Pipeline Projects. In: ICIDM 2018 – 5th International Conference on Interactive Digital Media, 11 December 2018 - 12 December 2018, Liverpool, UK. (Accepted)

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Abstract

Although Oil and Gas Pipelines (OGPs) are safer than other modes of petroleum products transportation, enormous Risk Factors (RFs) are threatening the pipelines’ safety. The uncertainty associated with data scarcity and lack of experts’ judgments about the probability of occurrence and severity of the RFs are hindering the effective risk management. This paper, therefore, aims to analyse and identify the critical RFs in OGPs project using a fuzzy-based risk simulation model. The model helps to identify a suitable Risk Mitigation Method, which is useful to mitigate the critical RFs in OGP projects. A computer-based risk management tool is developed to manage the critical RFs in OGPs project.

Item Type: Conference or Workshop Item (Paper)
Subjects: T Technology > TA Engineering (General). Civil engineering (General)
T Technology > TP Chemical technology
Divisions: Built Environment
Publisher: Springer
Date Deposited: 19 Feb 2019 10:55
Last Modified: 19 Feb 2019 10:55
URI: http://researchonline.ljmu.ac.uk/id/eprint/10182

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