Risk Assessment and Operational Management of Offshore Structures: A Review

Abstract

Abstract

During the past few years, reliability-based risk assessment and management processes have been initiated and applied in evaluating and maintaining the reliability of a worldwide infrastructure of offshore structure systems. These systems are characterized as a combination of structures, hardware/equipment, operating personnel, organizations, environments and the interfaces between these components. Contextual on current and future trends in development of comprehensive programs to help improve the quality and consistency of offshore structure systems are outlined. The importance and characteristics of human and organizational factors are discussed. A combination of proactive, reactive and interactive approaches have been developed that employ three strategies to achieve desirable quality and reliability: reduce likelihood of malfunctions, increase detection and correction of malfunctions, and decrease the effects and consequences of malfunctions. System robustness and fail-safe design are key elements of the third strategy

Keywords: offshore structures, risk assessment, risk management, risk analysis, robustness

Cite this Article

Shamshad Khan. Risk Assessment and Operational Management of Offshore Structures: A Review. Journal of Offshore Structure and Technology. 2017; 4(3):    31–34p.