This paper applies to plant integrity management and the inspection of pressure and non-pressure stationary equipment and systems. The principals and practices of Risk Based Inspection are demonstrated and explained. This approach may also be applied to the management of other types of equipment including, rotating equipment, conveying, etc.
Keywords: RBI . Risk Based Inspection, Probabilities, Consequences, Risk Assessment, Loss of Containment, NDE, Detection, Isolation, Mitigation, Safety, Environment.