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PIRAMID™ is a risk-based integrity assessment and maintenance planning software tool for pipelines. It assists operators in making integrity maintenance decisions that ensure regulatory compliance, reduce failure frequency, minimize risk exposure, and extend service life. It can be used to develop risk profiles, evaluate and rank pipeline segments with respect to risk, identify high-consequence areas, compare integrity management options and develop optimal maintenance plans.
PIRAMID™ uses a quantitative approach to estimate financial, environmental and safety risks. It takes the guesswork out of integrity management by using state-of-the-art, verified engineering models to calculate failure probabilities, failure consequences and risk levels for all major threats to pipeline integrity. The PIRAMID™ approach provides accurate and objective risk estimates for each pipeline segment taking into account on-going and future integrity maintenance activities.
Options for gaining access to the power of PIRAMID™
For more information, visit www.piramid.ca