Why new RBI?

Why new RBI?

Why new RBI?
Here we start a new series of posts which explain what exactly is offered by our new generation Plant Integrity Management strategy and tactics. Please don't hesitate to communicate your thoughts or give us a like on LinkedIn. Risk Based Inspection planning (RBI) is on the scene for decades. Its rightful concept of proportioning integrity budgets to failure risks is a great common-sense solution for cost optimization. The ever increasing budget savings pressure highlighted one major inability of the published RBI methodologies though. Financial management of industrial plants has set a question, which integrity management personnel can't reply: 'How much budget saving results from integrity management costs?' What happens is that both parties - integrity responsible and finance responsible - are striving to adopt a correct decision, but they are…
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