|
|
|
Risk Based Assessment (RBA) enables operators to make the decisions on how maintenance and repair resources are spent to increase safety and reliability, at the optimum cost.
RBA creates a basis for cost-effective, long-term risk management that identifies “Hot Spots” for immediate maintenance and repair activities and ensures the future safe and reliable performance of the engineering asset.
The direct benefits of this structured approach include:- Proves compliance with regulations
- Ranks pipelines in terms of risk (probability of failure and consequences)
- Identifies risks or non-conformities and recommends appropriate next actions
- Improves maintenance and repair decisions
|
|
