Strategic Risk Monitoring Solutions
Risk is involved in operating any pipeline. Pipeline failures themselves can be catastrophic since the release of large quantities of high-pressure water can cause considerable physical damage to the surrounding environment. There are now various levels of decision-making processes that are being employed by utilities to both minimize their operational risk while also optimizing the investment of expenditures on repairs to preserve or even enhance the asset value of the waterline infrastructure.
Don't Replace Good Infrastructure
In general distressed pipes in a line will continue to degrade over time. One solution is to replace ALL pipes that contain wire breaks as soon as they are identified. While this should lead to a lower overall risk of operating a pipeline, it certainly is a costly course of action to take. Using PPIC risk monitoring solutions, pipeline owners can identify specific sections of pipe that require replacement or rehabilitation without the need to replace an entire pipeline.
By assessing the actual condition of a pipeline using PPIC monitoring solutions, pipeline owners can gather the information required to start to predict the probability that individual pipe sections might fail given present operating conditions. Repeated inspections is an excellent way of establishing the rate at which the pipe distress is increasing allowing you to predict what the future risk of operating the pipe will be. This information can then be used to determine a better course of action regarding repairs, rehabilitation and future inspections.
Maintain Your Water Supply System
The ultimate goal of Risk Management program is to provide a cost effective way of maintaining the integrity of the water supply system in a safe and responsible way. Using PPIC inspection and monitoring information to manage waterlines effectively can not only reduce costs, improve safety, reliability and extend lifetime but can also enhance the asset value and revenue through enhanced property values and increased ratable tax base.
Contact Us
Contact PPIC today to find out how we can help you with strategic risk monitoring.