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Home » Articles » on Risk & Safety » Page 24

on Risk & Safety

A listing in reverse chronological order of articles by:



  • Greg Hutchins (editor) — CERM Risk Insights series

  • Doug Lehr — Equipment Risk and Reliability in Downhole Applications series

  • Sanjeev Saraf — Operational Risk, Process Safety series

by Doug Lehr Leave a Comment

Failure Analysis – The Big Picture

Failure Analysis – The Big Picture

The floating drilling rig, operating in 6,000 ft. of water, pitched in rough seas 300 miles away from shore as the outer bands of the hurricane’s winds buffeted the drilling location. Per procedure, the crew installed the Storm Packer (SP) in the well to isolate its open wellbore from the ocean before the storm roared across the location – but it failed its pressure test. The crew then installed the back-up SP which passed the pressure test. The well was finally secured, and the 25,000-ton drilling rig was moved out of the hurricane’s path.  Because the first SP failed, a 12-hour process took 30 hours to complete, while wind speed and wave heights increased.

[Read more…]

Filed Under: Articles, Equipment Risk and Reliability in Downhole Applications, on Risk & Safety

by Greg Hutchins Leave a Comment

How Less Data Can Give You Better Results

How Less Data Can Give You Better Results

Guest Post by Andrew Sheves (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

“Hi, I’m Andrew, and I have a weakness for data.”

There, I said it.

I love spreadsheets. I love national statistics. I love primary sources.

I could probably have completed my Master’s dissertation without an extension if I had just accepted that cited quotes were valid instead of looking for all the original sources*. And I don’t need to read the last three years of a company’s annual reports before I have a 20-minute call with them.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Greg Hutchins Leave a Comment

Poor Management of Known Risks is Major Cause of Failed Projects

Poor Management of Known Risks is Major Cause of Failed Projects

Guest Post by John Ayers (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

Studies show most projects fail due to poor management of known risks. The known risks on a project are:

  1. Scope
  2. Schedule.
  3. Cost.
  4. Quality.

The question is how do we manage known risks better?  Known risks can be significantly mitigated with application of basic Project Management methods and processes.

This article will address scope. The other known risks will be addressed in separate articles.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Doug Lehr 1 Comment

Lab Testing Programs

Lab Testing Programs

The Critical Equipment Series has covered design and design risk reduction. A Laboratory Test Program (LTP) is the final step in validating the equipment design after updating it with all improvements determined through design risk reduction and related activities. 

[Read more…]

Filed Under: Articles, Equipment Risk and Reliability in Downhole Applications, on Risk & Safety

by Greg Hutchins Leave a Comment

Delivering Outcomes, Building Trust

Delivering Outcomes, Building Trust

Guest Post by James Kline (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

On July 17, 2020, the American Council for Technology – Industry Advisory Council (ACT-IAC) issued a report entitled “Delivering Outcomes, Building Trust”.  The ACT-IAC is a non-profit educational organization established to create a “more effective and innovative government”. The report provides some ideas on how the United States Federal government can become “more resilient, adaptable, and responsive.” This piece will look at the report and its recommendations.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Greg Hutchins Leave a Comment

Electric Car Hidden Risk

Electric Car Hidden Risk

Guest Post by John Ayers (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

Fifty years ago, having your own car was a sign of adulthood and your ticket around town. But that is all going to change within the next five to ten years due to rising CO2 levels and a new trend called Transportation as a Service. TaaS sits at the intersection of four technical macro trends. These are:

  1. Autonomous vehicles
  2. Electric vehicles
  3. Connectivity
  4. Sharing economy

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Doug Lehr Leave a Comment

FMEA Improves the Bottom Line

FMEA Improves the Bottom Line

Refer to Article 7 for the expansion joint project. This project had progressed – perhaps beyond lab testing – before it was realized that the design could not meet ASME LRFD criteria. LRFD was considered necessary for reliability. The engineering manager had to consider a redesign. 

Missing the LRFD may be the result of not conducting a design failure modes and effects analysis (dFMEA). FMEA is a risk discovery process. Discovering design risks early in the project improves reliability and increases profitability by avoiding redesign and schedule delays. [Read more…]

Filed Under: Articles, Equipment Risk and Reliability in Downhole Applications, on Risk & Safety

by Greg Hutchins Leave a Comment

In Risk Management, It’s the Destination, Not the Journey

In Risk Management, It’s the Destination, Not the Journey

Guest Post by Andrew Sheves (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

A while back, I felt that pretty much everything was out of sync and I was highly disorganized. There was a growing list of undone things whether that was around the house, at work, with my family, or at the places where I volunteer.

It was definitely time for a reorganization.

A few weeks later, things were back in order (I even had time to write again), and a big part of my reorganization was refocussing on the systems I use for productivity.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Greg Hutchins Leave a Comment

Derecho. A Black Swan Event?

Derecho. A Black Swan Event?

Guest Post by Geary Sikich (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

On 10 August 2020 the US Midwest experienced a Derecho that brought widespread devastation to many areas.  A Derecho is a widespread, long-lived, straight-line wind storm that is associated with a fast-moving group of severe thunderstorms known as a mesoscale convective system.  Derechos can cause hurricane-force winds, tornadoes, heavy rains, and flash floods.  As depicted below the 10 August 2020 Derecho spanned serval states over a 12 hour period.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Doug Lehr Leave a Comment

Modelling and Simulation

Modelling and Simulation

A high-pressure packer for use in 9 5/8”, thick-walled, P-110 casing is being developed for a well barrier application. It is based on a legacy configuration. Is it a candidate for simulation?

[Read more…]

Filed Under: Articles, Equipment Risk and Reliability in Downhole Applications, on Risk & Safety

by Greg Hutchins Leave a Comment

Have the Faith to Seize risk Opportunities

Have the Faith to Seize risk Opportunities

Guest Post by Patrick Ow (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

Have faith to seize on opportunities that come your way (but the risk is within us!)

Everyone has opportunities. But it is up to us to seize the opportunities that come our way!

There will be opportunities to build lives, to better ourselves, or to serve the community.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Greg Hutchins Leave a Comment

Get Smart of Your Risk Mitigation

Get Smart of Your Risk Mitigation

Guest Post by Andrew Sheves (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

Often, the end of the risk assessment feels like the end of the process and things start to ease off. Unfortunately, this is when the real work begins because, now that you have identified and prioritized your risks, you need to do something about them.

There are several options when it comes to dealing with a risk but it’s risk treatments I want to focus on here. These often go askew when mitigation measures aren’t designed carefully. This wastes resources and the risks aren’t reduced.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Doug Lehr Leave a Comment

Using Industry Standards in Design

Using Industry Standards in Design

Your engineering team tells you the new deep-water product is ready for field trials because it has passed an API validation test in the lab. But as the OEM engineering manager overseeing product development, how do you know that passing just the validation test is sufficient? [Read more…]

Filed Under: Articles, Equipment Risk and Reliability in Downhole Applications, on Risk & Safety

by Greg Hutchins Leave a Comment

Quality 4.0: What Does This Mean for the Quality Profession?

Quality 4.0: What Does This Mean for the Quality Profession?

Guest Post by James Kline (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

In several pieces for Insights, I have discussed the decline of ISO 9001 certifications, the internal and financial problems ASQ is experiencing and the implications for the quality profession.  Recently I was on the ASQ website. There are several references to Quality 4.0.  This article will look at Quality 4.0 and its implications for the Quality Profession. It will also provide an update on ASQ’s financial problems and the possibility it will declare bankruptcy. 

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Greg Hutchins Leave a Comment

Quality’s Journey to Create ‘Sustained Success’

Quality’s Journey to Create ‘Sustained Success’

Guest Post by Robert Pojasek (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

The initial journey to create “sustained success” got off to a difficult start in 1987 when the intent was for quality managers to implement ISO 9004 followed by ISO 9001 for certification purposes. ISO 9004 was viewed as being associated with TQM.  The extra work that was needed to fulfill TQM led organizations to use ISO 9001:1987 alone to certify their processes.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

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