Optimizing a Mechanical Integrity Program Using Risk Based Inspection – a Case Study
Mar 15, 2011
Tony Poulassichidis
The Risk Based Inspection (RBI) process delivers a calculated risk value for each fixed equipment item in a facility. Fixed equipment risk values are the product of the Likelihood-of-Failure (LOF) and the Consequence-of-Failure (COF) factors. The calculated equipment risk values are used to...
