by Matthew Martin | Aug 17, 2020 | Risk Based Inspections
What is Risk-Based Inspection (RBI) and Do I Need It? API-580 defines Risk-Based Inspection as “A risk assessment and management process that is focused on the loss of containment of pressurized equipment in processing facilities, due to material deterioration.”...
by Matthew Martin | Aug 6, 2020 | Keep It Simple, Risk Based Inspections
RISK BASED INSPECTIONS (RBI) SERVICES Risk-Based Inspection (RBI) is an analysis methodology and process that, as opposed to conditionbased inspection, requires qualitative or quantitative assessment of the probability of failure (PoF) and the consequence of failure...
by Matthew Martin | May 19, 2020 | Keep It Simple, Risk Based Inspections
Traditionally, facility assets were inspected on a strict schedule. Every so many years, an inspection came due and someone called an independent evaluator who specialized in those types of equipment. Sometimes that inspection required downtime, and it always costs...
