"Achieve Optimized Inspection Plan as per API 580/581 to Minimize the Lost Production and Downtime without Compromising Safety and the Environment with ISSCO”
Risk Based Inspection (RBI) is a decision making methodology to optimize inspection activities to ensure pressure systems integrity management through a systematic risk analysis. RBI is based on a Risk Assessment as per API 580/581 where this risk identifies the safe operating windows for particular process equipment, for example static equipment or pipework via consideration of the likelihood of failure and consequence of failure.