Maximizing the Impact of Your Investment
BUSINESS CHALLENGE
Any structure, whether in the design or construction phase, must undergo an evaluation process to ensure the health and safety of the surrounding community, environment, and structure itself. Critical factors, new or old, must be identified and assessed to prevent the occurrence of serious failures. There are several challenges to conducting risk based inspections; one is using a time based approach. First, there is the tendency for structural components to become over or under inspected. Situations arise when the frequency of inspections do not systematically match the risk. Second, decreasing inspection budgets and resources, as well as, increasing production makes it more difficult to use the time based approach. Lastly, requests from clients for this type of risk based method have been decreasing in popularity.
SOLUTIONWhat is a Risk Based Inspection (RBI)?
A Risk Based Inspection is a tool used in the decision making process centered on various forms of risk. RBI
helps determine the identity of hazards, and subsequently, its consequences, by quantifying uncertainty
relating to the damage rates/degradation and failure of structures. This involves optimizing processes by
focusing on rationally allocating inspection resources and scheduling in proportion to the identified risk
levels. RBI also focuses on identifying critical items together with main risk drivers to help prioritize the
inspection program in both terms of safety and cost effectiveness.
What are the key benefits?
Increased Asset Reliability & Global competition
Risk Assessment and Management
Improvement in Inspection & Maintenance Optimization
Reduction in Inspection costs
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