Never worry about theory as long as the machinery does what it’s supposed to do.
—Robert A. Heinlein
This material was provided through the courtesy of H. Porter of Chevron North America Exploration and Production in New Orleans, Louisiana.
The qualitative risk method of assigning priority is really just another variation of maximum severity modified by urgency. What it brings to the table, if you will, is another method for assigning urgency. Not only is urgency determined by how fast the problem might go bad, but it also adds a component of whether there might be other forms of protection there to help the operator when intervention does not occur ...