Kinder Morgan Energy Partners LP has set forward plans to gauge the possible expansion of its Edmonton to Vancouver pipeline and the related port facilities for overseas oil exports.

FORBES: Kinder Morgan Flexes Growth Muscles With Beefed Up Canadian Pipeline To Feed Asia

Risk assessments can serve as a vehicle for early buy-in, a method to secure budget and resources, a gauge for progress, a way to avoid fire-drills and set priorities for your program, a natural reporting-out format, and proof for regulators of the adequacy of your program.

FORBES: Risk Assessments: The Most Important Effort You're Doing All Wrong