Best Practice Tools & Techniques - Sample

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Technique: Risk Based Inspection (RBI) - [Risk Based Asset Management (RBAM), Risk Based Integrity Management (RBIM)]

Definition: Risk Based Inspection (RBI) is a risk-based approach to inspection which analyses the likelihood, and the consequences of failure.

Description: Risk Based Inspection (RBI) is a risk-based approach to inspection which analyses the likelihood, and the consequences of failure.
Under a Risk-Based Inspection (RBI) regime two important factors i.e., (1) the probability of failure, and (2) the consequence of failure, are used to determine risk rankings for system and components under consideration. It is used to prioritise inspection requirements for major oil refineries/chemical installations..

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