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Risk-based inspection (RBI) is an optimal maintenance business process used to examine equipment such as pressure vessels, quick-opening closure - doors, heat exchangers, and piping in industrial plants. RBI is a decision-making methodology for optimizing inspection plans.
It is carried out in order to prove that the system is compliant, transparent, effective and efficient. API Recommended Practice 580, Risk-Based Inspection (see American Petroleum Institute) outlines such an audit as part of a Risk Based Inspection program. It checks that the most efficient and cost effective implementation of inspections and ...
Corrosion loop(s) are systematized analysis "loops" used during Risk-based inspection analysis. Both terms “RBI Corrosion loops” or “RBI corrosion circuits” are generic terms used to indicate the systematization of piping systems into usable and understandable parts associated with corrosion. Systematized piping loops or circuits are ...
Asset Integrity Management Systems (AIMS) outline the ability of an asset to perform its required function effectively and efficiently whilst protecting health, safety and the environment and the means of ensuring that the people, systems, processes, and resources that deliver integrity are in place, in use and will perform when required over the whole life-cycle of the asset.
In the functional safety standards based on the IEC 61508 standard, four SILs are defined, with SIL4 being the most dependable and SIL1 the least. The applicable SIL is determined based on a number of quantitative factors in combination with qualitative factors, such as risk assessments and safety lifecycle management. Other standards, however ...
The subject title of the standard is: "Principles for effective risk data aggregation and risk reporting". The overall objective of the standard is to strengthen banks’ risk data aggregation capabilities and internal risk reporting practices, in turn, enhancing the risk management and decision making processes at banks.
A standard inspection procedure (or sometimes just 'SIP' [1] [2]) is a process by which a number of variables may be checked for compliance against a set of rules. SIPs are used by various organizations including the Commercial Vehicle Safety Alliance (CVSA) [3] [4] and the U.S. Department of Defense. [5] [6]
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