6 entries found for "Data Analysis"

  Achieving Unified Risk Management Through A Formal Acceptable Risk Policy

by Michael Hurley, 3/27/2026

Tags: Asset Performance Management Data Analysis Data Management Data Validation HSE Human Factors Mechanical Integrity Process Safety Management Regulation Risk Risk Analysis Risk Management System Implementation Value Work Process

This document outlines a unified approach to risk management through a formal acceptable risk policy. It defines risk tolerance, assigns decision authority by risk level, and requires escalating approvals for higher-risk decisions. The framework improves consistency, transparency, auditability, and resource prioritization across operations, engineering, and safety functions.

0 Comments


  Unified Risk Framework Across MI, RCM, PHA, and SILSIS

by Michael Hurley, 3/24/2026

Tags: API 580 API 581 Asset Performance Management Data Analysis Data Management HSE Mechanical Integrity Process Safety Management Regulation Reliability Risk Risk Analysis Risk Based Inspection Risk Management System Implementation Technology Value Work Process

This document presents a unified risk framework integrating MI, RCM, PHA, and SIL/SIS into a single, risk-based system. It emphasizes a common risk matrix, shared failure modes, and centralized action management to eliminate fragmented governance. By linking equipment strategies, SIL validation, and MI data with closed-loop feedback and MOC, it enables consistent prioritization, aligned decision-making, and effective, real-world risk reduction.

0 Comments


  Why is Management Of Change (MOC) so poorly executed

by Michael Hurley, 3/17/2026

Tags: Asset Performance Management Consequence Corrosion CUI Damage Mechanisms Data Analysis Data Management Data Validation HSE Human Factors Mechanical Integrity Process Safety Management Regulation Risk Risk Analysis Risk Management System Implementation Work Process

Management of Change (MOC) under OSHA PSM is often poorly executed not due to lack of knowledge, but because it conflicts with operational realities. Production pressure, unclear definitions of change, weak field ownership, and procedural focus reduce effectiveness. Temporary and digital changes bypass controls, cumulative risk goes untracked, and approvals lack rigor. Without aligned incentives, clear boundaries, and post-implementation verification, MOC becomes a formality rather than a true risk control.

1 Comments




  Leveraging AI to Accelerate Data Collection in Risk-Based Inspection Projects

by Stephen Elmer, 10/27/2025

Tags: API 580 API 581 Data Analysis Data Collection Data Management Data Migration Data Validation Risk Based Inspection Technology Value

Data collection is an RBI project bottleneck, often taking a very significant percentage of total effort due to manual interpretation of old, varied engineering documents. AOC developed AI-driven tooling to automatically extract, classify, and normalize this data, achieving a very high accuracy and significantly streamlining the process for faster, more reliable RBI implementation.

1 Comments