Project management approach for HVDC topside: risk assessment analysis of spool manufacturing

Abstract

This paper aims to present how the risk assessment is conducted and to explore the main risks that could potentially disrupt the production flow of piping spool fabrication. From a management perspective, risk assessment may act as a foundation for a successful project. However, if it is not solid, consequences appear. For complex projects, such as HVDC topside, the operational team must be aware of the effects of risks that occur, and before any measures are implemented, the team must be capable of anticipating them. As a starting point, through a brainstorming session, it was assessed using a qualitative analysis of the risks, the probability of occurrence, and the impact they could produce. The process is associated with a variety of risks, from small ones (for instance, human errors that can be corrected) to larger ones (quality defects, contaminated materials, timeline constraints, non-compliance with standards, and safety risks). The paper also includes strategies of mitigation and associated actions. Moreover, in this paper are included methods proposed for further in-depth analisys.