Gas pipeline case study

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Courtesy of Vose Risk Consulting and Software

Spectra Energy, an S&P 500 company, transmits and stores natural gas, operating one of the largest pipeline systems in the United States. They commissioned Vose to assist them in assessing the project schedule and cost risks for a new $500M+ liquid natural gas pipeline.

Vose provided training for their risk analysis team in quantitative risk analysis techniques, harmonizing their various risk reporting processes, and applying these to the new project. We then led them through the project risk analysis and developed sub-models that they could reproduce in similar circumstances that evaluated such issues as change in planned routes due to geological conditions or lack of planning approval.

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