Definition(s)
Risk-based Inspection
A risk assessment and risk management process that is focused on inspection planning for piping systems for loss of containment in processing facilities, which considers both the probability of failure and consequence of failure due to materials of construction deterioration. See 5.2.
Source: API 570, Piping Inspection Code: In-service Inspection, Rating, Repair, and Alteration of Piping Systems, Fourth Edition, February 2016, with Addendum May 2017. Global Standards
Risk-based Inspection
A risk assessment and management process that considers both the probability of failure and consequence of failure due to material deterioration and that is focused on inspection planning for loss of containment of pressurized equipment in processing facilities due to material deterioration. These risks are managed primarily through inspection in order to influence the probability of failure but can also be managed through various other methods to control the probability and consequence of failure.
Source: API 510, Pressure Vessel Inspection Code: In-service Inspection, Rating, Repair, and Alteration, Tenth Edition, May 2014, with Addendum May 2017. Global Standards
Risk-based Inspection (RBI)
A risk assessment and management process that is focused on inspection planning for loss of containment of pressurized equipment in processing facilities, due to material deterioration. These risks are managed primarily through inspection in order to influence the probability of failure.
Source: API 510, Pressure Vessel Inspection Code: In-Service Inspection, Rating, Repair, and Alteration Downstream Segment, Ninth Edition, June 2006. Global Standards
Risk-based Inspection
Inspection strategies developed from an evaluation of the risk associated with a platform or group of similar platforms with the intention of tailoring inspection level to risk magnitude and location.
Source: API RP 2SIM, Structural Integrity Management of Fixed Offshore Structures, First Edition, November 2014. Global Standards