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Module 2 – Risk Concepts & RBI Introduction
8 Lessons
Industry-focused training designed for Mechanical Engineers, Inspectors, Corrosion Engineers, Reliability Engineers, and Asset Integrity Professionals seeking expertise in Risk-Based Inspection.
Build a strong foundation in Risk-Based Inspection (RBI) principles, API 580 methodology, risk concepts, damage mechanisms, and the role of RBI in improving asset reliability and safety.
Learn how to evaluate Probability of Failure (POF) and Consequence of Failure (COF) to identify critical equipment, assess risk levels, and support informed inspection decisions.
Understand how to develop and interpret risk matrices by combining POF and COF data, enabling effective risk ranking and prioritization of inspection activities.
Discover how RBI is used to optimize inspection intervals, define inspection strategies, and allocate resources efficiently while maintaining safety and compliance.