Assess & Address – How to Successfully Manage a Pipeline

The long term management of pipeline assets is the fourth stage in implementing an effective pipeline management strategy. This includes 3 main functions: monitoring pipe conditions, implementing a strategy to manage assets and planning capital for the future. In Condition Monitoring, continuous management of the system is undertaken to track any decline and provide repair as needed once initial assessment and repairs have been done to deteriorated sections. Asset Management involves the use of asset management software to integrate engineering studies with the condition assessment and monitoring results collected during the first stages of the program to plan rehabilitation programs. And finally, ongoing Capital Planning is vital in the long term rehabilitation of a pipeline network and extending the life of the asset. An action plan to continue assessing pipelines to prevent failures and service disruptions should be created and implemented to help make a justifiable budget and plan for future projects. Read the full article here…


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