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DIMP Leaflet

DIMP Leaflet

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Published by Infosys
This whitepaper discusses the Infosys pipeline management system and its challenges
This whitepaper discusses the Infosys pipeline management system and its challenges

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Categories:Types, Business/Law
Published by: Infosys on Aug 27, 2013
Copyright:Attribution Non-commercial

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08/27/2013

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Distribution Integrity Management Program
 
Unlock the hidden business value
 
Efficiency in Pipeline Integrity Management (PIM) practices has a significant impact on the ability of a gas utility to create shareholder 
 
value. Aspects of PIM such as leaks and incidents not only increase the cost of operations but also impair the revenue earning potential.
 
Furthermore, efficient PIM practices can enhance the economic life of pipeline assets, thereby increasing the total lifecycle business value
 
realization from pipeline infrastructure investments. The non-prescriptive nature of the Distribution Integrity Management Program (DIMP)
 
regulation provides a tremendous opportunity for gas utilities to innovate and develop a plan with a strong focus on business value creation
 
while complying with the regulation. The theme of DIMP is risk management of pipelines. 
It’s
imperative for gas utilities to transcend
 
beyond structural integrity management to adopt a more comprehensive approach, encompassing dimensions of operational maturity to
 
predict, prevent and mitigate risks and the associated commercial implications to the business.
 
Priorities of DIMP and PIM Framework
 
 How do I create a DIMP strategy and roadmap and maximize
 
the ROI on DIMP investments?
 
 How do I create a business case and prioritize my DIMP
 
initiatives so that the shareholder value is maximized?
 
 Do I have data, information and knowledge about my pipeline
 
system to objectively measure, monitor and assess risks?
 
 Do I have a comprehensive set of metrics to predict risks? Are
 
these metrics driving my operational decisions?
 
 Is my leak management system capable of effectively detecting,
 
tracking and monitoring leaks?
 
 Do I have comprehensive documentation of digitized records
 
and trends of pipeline integrity metrics?
 
  Are my engineering and IT systems seamlessly integrated to
 
ensure data integrity and enable visualization of risks to my
 
pipeline infrastructure?
 
 Architecting a Value-based DIMP Roadmap
 
Every utility is unique in terms of its capability
 
to manage risks to pipeline integrity; a cookie-
 
cutter approach to developing a DIMP plan
 
can at best be sub-optimal and a quick-fix
 
solution. The solution lies in designing a
 
well thought-out customized DIMP program,
 
which addresses the specific challenges and
 
long-term business priorities of each utility,
 
leading to creation of shareholder value
 
while meeting and exceeding the regulatory
 
objectives. Our solution framework, takes into
 
consideration not just the health of the pipeline
 
system but also the capability/ maturity of 
 
the PIM processes in terms of its ability to
 
predict and prevent risks. In addition, our 
 
VRMTM methodology helps in linking the
 
DIMP initiatives with financial and operational
 
levers, creating a clear line of sight of how the
 
initiatives drive shareholder value creation.
 

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