This one day seminar could be THE SINGLE MOST IMPORTANT DAY IN YOUR CAREER. Risk
Management can provide you a clear understanding of options for improving safety, compliance, cost and
profitability. Industry, experts will introduce you to the fundamentals and you will gain insight to application
and use of the tools available to optimize your asset care program.
Who should attend? Engineers and Managers for upstream, midstream, and downstream
operations that have responsibility for improving profitability.
AGENDA
INTRODUCTION
• We will discuss and answer the question – What is Risk Management all about?
• Is it simply Risk Based Inspection or are there other facets?
• How to take the Action,
• Group Discussion on status of current programs, and
• How the transition can be made.
• We will pose and help you answer the question of”Should I do RBI”
• Review of differences with a time based program covering some of the pros and cons
• Importance of Robust Management Systems for either Time or risk based inspection and maintenance
programs.
MANAGING HUMAN ELEMENTS
• Discuss The effect(+/-) that ego and “Ego Silos” can have on profitability and safety. And review options
for managing and neutralizing or minimizing any negative effects.
• Review the significant role evidence and expert opinion play in Risk Management.
• The importance of operating, maintenance, and equipment parameters is reviewed
• You will understand the benefits of using “Evidence Based Expert Information”.
• The question of “Do I need inspection data to initiate my semi-quantitative RBI program that
uses calculated probability of failure will be answered.
• Contracting issues will be discussed.
IMPORTANCE AND ROLE OF RAGAGEP
• Review the marvelous job API and ASME have done to provide a consensus based structure around Risk
Based Inspection, Corrosion Control Documents, and Integrity Operating Windows.
• Discuss the tactical and strategic options available along with best practices for use and implementation of
these tools to improve safety and profitability.
CORROSION CONTROL DOCUMENTS AND INTEGRITY OPERATING WINDOWS
• Provide a historical perspective on Corrosion Control Documents. Why do I need them, and how can
they help me?
• Review Integrity Operatinng Windows. What are my options and what role do they play?
• Quality Assurance and Control Issues will be discussed.
MANAGEMENT ISSUES AND SOLUTIONS
• “Does your Budget drive your inspection maintenance and quality program?”
• What are some of cost benefits based on lessons learned from best practices.
• Importance of integrating the RBI program with the Corporate Risk Management Policy.
• Role and use of Procedures and Document Management System.
• Daily use of risk management principals to improve performance.
• How do I integrate all this with my Process Hazard Analysis and PSM program?
• A gap analysis will be reviewed and provided.
DEMO SOFTWARE AVAILABLE
• Predict360tm software package; that can facilitate managing integration up and down the management
chain with tracking of actins and much more.
• Reliasoft RCM and RBI modules including block sim integration with robust qualitative and quantitative
solutions.
• Visual Ai m’s RBI Software and Inspection Data management systems
• Asset55’s iQ Flange Management Software.
• Other Software Packages to be announced at Seminar.
Just in case you need it: SOME JUSTIFICATION FOR ATTENDING
When the PSM/MI Rules were enacted, API developed API 510 and 570 as RAGAGEP for inspections to
ensure design basis maintenance knowing the reality of equipment degradation. From the beginning both
510 and 570 required a) the identification of damage mechanisms and b) appropriate inspections to be
conducted that would detect degradation of equipment prior to encroaching on the design basis. Ask
yourself:
• Have you done an adequate job identifying damage mechanisms to be monitored and
• Required your engineers/inspectors (whether in-house or contracted) to provide you a remaining life
calculation or action plan to maintain the design basis?
We hope to impress upon attendees that if they are to be successful the following are essential program
elements, missing any of these the program is doomed to failure. Ask your self, am I missing any of these
essential elements?
• Management Commitment (including an appropriate budget),
• Policies and Procedures to ensure consistency,
• Training and qualification of personnel,
• Tools to do the work, and
• Audit of the work to ensure it is done correctly.
If the answer to these questions is: a) I don’t know or b) We have not done this . You should attend this one
day seminar to review and help you understand the benefits of using available technology and aligning your
actions to your company business case on a daily basis.