Risk-Based Inspection (RBI)
Risk-Based Inspection — A Smarter Way to Inspect
Risk-based inspection (RBI) quantifies risk and gives you the wisdom to make informed decisions about how, where, and when to inspect assets. Remove uncertainty by evaluating your equipment and refocusing inspection efforts onto the highest-risk items.
Unlike a time-based approach, RBI identifies potential damage mechanisms and prioritizes an in-service inspection program based upon the probability of failure and consequence of failure. By adjusting coverage on lower-risk items and focusing on high-risk equipment, you can increase equipment run life, save money on unnecessary inspections, and have fewer unanticipated failures.