More and more process facilities are turning toward Risk-Based Inspection (RBI)—an approach used to assign risk to particular assets and prioritize/drive inspection strategies—to manage mechanical integrity in a way that reduces risk, optimizes costs, and ensures compliance.
If implemented properly, RBI will help optimize inspection strategies by enabling facilities to determine where to focus inspection efforts, when to perform the inspections, and which methods to use for the greatest effectiveness (for example, when to replace or repair an asset or when to recommend a design upgrade).
With RBI, facilities can target areas of high-risk, enabling a reduction in unplanned failures, a decreased loss of containment risk, and greater efficiency for inspection programs.
Given the benefits and efficiencies, it’s no wonder why RBI implementations are on the rise. While RBI can deliver significant benefits, we often see RBI implementations fail due to improper preparation upfront.
If you are looking to implement RBI at your facility, here are five areas you need to address before getting started with an RBI implementation: