Risk-Based Inspection

Optimize your inspection plans by systematically factoring risk into your decision-making by identifying areas of vulnerability and reducing equipment performance uncertainties. PlantManager ASSET integrates all API RBI calculations to help you efficiently and accurately plan inspection and maintenance strategies.

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Built on Proven API 581 Compliance

With the features and functionality of API RBI fully integrated into PlantManager ASSET, you can seamlessly conduct accurate risk-based inspection (RBI) assessments within an end-to-end asset integrity management system (AIMS). This integration provides real-time data for more informed decision-making and enhances overall performance.

Our legacy API RBI software, the industry’s only fully compliant API 581 calculator, was designed to help you develop efficient and precise maintenance strategies. Now, you can harness the full potential of API RBI in the cloud-native PlantManager ASSET tool to conduct quantitative risk-based inspection studies.

  • Eliminate uncertainty
  • Streamline inspection schedules
  • Enhance operational safety and reliability
  • Pinpoint areas of vulnerability

Quantitative vs. Qualitative Approaches to RBI

Quantitative Approach (API 581)Qualitative Approach
API RP 581 uses a quantitative approach to implementing RBI, accounting for the probability of failure (POF) and the consequence of failure (COF) for each piece of equipment in a process unit.API RP 580 is an RBI document that identifies the basic elements for developing, implementing, and maintaining an RBI program.
Key Considerations:
– Results produce the POF, COF, and risk numbers based on data collection and sound technology.
– API 581 details the recommended procedures, tables, and calculation methods required to perform a successful quantitative RBI analysis.
– Data-driven results are repeatable and maintainable, independent of the RBI team.
– Data changes are fully auditable to support an evergreen RBI program.
Key Considerations:
– Successful RBI analyses depend largely on the team and their expertise.
– Results are often too generic to correctly define an auditable inspection or maintenance plan.
– Difficult to achieve accuracy and consistency between multiple qualitative RBI studies due to varying skillsets over time.
– Results are not easily repeatable or maintainable.
Choose PlantManager ASSET as the foundation for all your quantitative RBI projects. PlantManager ASSET is current to API 581 Edition 3 Addendum 2.

Our Software Experts

The groundwork for Equity Software began more than 30 years ago with the initial development of SagePlusTM and API RBI. Over the years, Equity Software has continued to introduce industry-leading innovations, including SagePlus, API RBI, the Equity Engineering Cloud (eec), and damage mechanism software. ​

We’ve integrated these advancements into the PlantManager 6.0 platform, embracing the future of cloud-native solutions. Our ongoing commitment to innovation and collaboration continues to drive our mission in advancing industrial asset management and technology.​

  • Pioneered development of RBI and FFS software​
  • Integrated API and ASME codes and standards into all software​
  • Used by Equity’s consulting engineers for FFS, RBI, damage mechanism reviews, and other asset lifecycle management projects​