Top Strategies to Optimize Asset Integrity Management Workflow
The key to success for any asset integrity management (AIM) program lies in the development of its workflow process. For owner operators of plants, pipelines, and facilities, efficient and seamless inspection data management is key. The more effective the workflow and its application, the more reliable the equipment – reducing the chances of costly shutdowns or unnecessary repairs.
Best Practices for Implementing a Risk Based Inspection (RBI) Program
The immediate cost saving advantages of adopting a Risk Based Inspection (RBI) approach to asset integrity management are gaining momentum. More and more corporations are realizing that RBI, with its ability to intelligently analyze equipment’s probability of failure (POF) vs consequence of failure (COF), is the more prudent approach to managing their critical assets. It assures that a structured, systematic, and technically defensible approach is used to make decisions. After all, it drastically reduces instances of equipment failure and more than halves the likelihood of unplanned shutdowns.