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Risk Based Inspection

  Risk Based Inspection (RBI) is a process of examining equipment in Health, Safety and Environment (HSE) and business risk of ‘active’ and ‘potential’ Damage Mechanisms to assess and rank failure probability and consequence. The Types of RBI are Qualitative, Quantitative and Semi-quantitative and the ranking criteria is used to optimize intervals on site acceptable risk level & operating limits to mitigate the risks as appropriate. The RBI methods are based on API 653 and API 580/581

  The RBI is used to establish internal Inspection Interval for

       Initial and subsequent Inspection interval(s)

       10 years assessment for initial and subsequent RBI methods

       Updating Internal Inspection interval

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