Risk-based inspection (RBI) quantifies risk and gives you the wisdom to make informed decisions about how, where, and when to inspect assets. Remove uncertainty by evaluating your equipment and re-focusing inspection efforts on the highest risk items. Unlike a time-based approach, RBI prioritizes an in-service inspection program based upon the probability of failure, as well as the consequence of failure. By adjusting coverage on lower risk items and focusing on high risk equipment, you can increase equipment run life, save money on unnecessary inspections, and have fewer unanticipated failures.
Equity Software & Technology
Equity’s cloud-native software keeps you and your asset management projects moving forward. Our software is designed to simplify your day-to-day tasks while helping you develop expert-level analysis skills.