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The risk model calculates frequency of failure and their probable consequences for different segments of crude pipeline, considering various failure mechanisms. Specifically, structured expert judgment is used to provide frequency of failure assessments for identified failure mechanisms of the pipeline. In addition, AHP approach is utilized to obtain relative failure likelihood for attributes of failure mechanisms with very low probability of occurrence. Finally, the expected cost of failure for a given pipeline segment is estimated by combining its frequency of failure and the consequences of failure, estimated in terms of historical costs of failure from the pipeline operator\u2019s database. A real-world case study of a crude pipeline is used to demonstrate the application of the proposed methodology.<\/jats:p>","DOI":"10.1155\/2011\/456824","type":"journal-article","created":{"date-parts":[[2011,12,22]],"date-time":"2011-12-22T21:03:33Z","timestamp":1324587813000},"page":"1-17","source":"Crossref","is-referenced-by-count":6,"title":["Decision Analysis Framework for Risk Management of Crude Oil Pipeline System"],"prefix":"10.47654","volume":"2011","author":[{"given":"Alex W.","family":"Dawotola","sequence":"first","affiliation":[{"name":"Hydraulic Engineering Section, Delft University of Technology, Stevinweg 1, 2628 CN Delft, The Netherlands"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"P. H. A. J. M.","family":"van Gelder","sequence":"additional","affiliation":[{"name":"Hydraulic Engineering Section, Delft University of Technology, Stevinweg 1, 2628 CN Delft, The Netherlands"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"J. 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