Risk-based Inspection (RBI)

RBI is a risk assessment and risk management tool that assesses the likelihood and consequence of a loss of containment in process equipment used as an ongoing part of the MI program. It integrated the traditional RAGAGEP standards with flexibility to focus and optimize the activities on risk reduction by identifying higher risk equipment and failure mechanisms.
Reference: CCPS: guidelines for mechanical integrity systems
Technical Tools/Mechanical Integrity/Risk Management Tools