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Risk Based Inspection - Presented by Equity Engineering Group, Inc.


When: June 20, 2023 - June 22, 2023

Where: Hybrid -- Attendee's choice: Virtual through MS Teams or In-Person in E2G's Shaker Hts, OH headquarters (Eastern Standard Time)

Course Summary:

This is a live, instructor-led, virtual course delivered via MS Teams.

Based on API RP 580/581

This Risk-Based Inspection (RBI) training course provides attendees with a basic understanding of RBI principles and methodologies given in API RP 580 and 581. With a heavy emphasis on API RP 581 technology, students learn how to apply RBI technology to processing equipment by determining the probability of failure, the consequence of failure, and risk, as well as how to plan the equipment’s next inspection based on risk. Additionally, the instructors facilitate discussions on developing an RBI program using industry best practices to avoid common pitfalls and mistakes when implementing and maintaining your RBI program. Typical risk reduction and the benefits of shifting from a time or condition-based inspection program to an RBI approach are also presented. Finally, the instructors present a detailed, comprehensive example problem to demonstrate the step-by-step risk calculations for a typical pressure vessel using the methodology of API RP 581.

About the Instructor:

The Equity Engineering Group, Inc. is approved by API-U to deliver training programs for Fitness-For-Service, Risk-Based Inspection, Damage Mechanisms in the Refining Industry, and Pressure Relieving Systems. The practical knowledge gained from API-U training enables participants to maintain professional competency and meet the ever-changing statutory requirement.

All Course Inquiries Please Contact:

Contact Equity Engineering via email:

Course Highlights:

  • Overview of Risk-Based Inspection Principles for Fixed Equipment
  • Introduction to the Latest Edition of API RP 580
  • Introduction to the Latest Edition of API RP 581
  • Determining Probability of Failure (POF)
  • Determining Consequences of Failure (COF)
  • Calculating Risk (Financial and Safety Area)
  • Identifying, Understanding, and Managing Risk Drivers
  • Risk-Based Inspection Planning
  • Reassessment, Updating, and Best Practices
  • Additional topics:
    • Worked example exercises to demonstrate the step-by-step calculation of risk, as outlined in the latest edition of API RP 581
    • Presentation of risk determination and inspection planning for pressure relief devices (PRDs), aboveground storage tanks (ASTs), and heat exchanger bundles (HEXs)

Learning Outcomes:

Upon completion of the Risk-Based Inspection training course, students will have a basic understanding of the following:

  • The contents of API RP 580 and 581, the differences in the documents, and how each applies to an RBI assessment
  • The API RP 581 methodology of calculating the POF, COF, and risk, and how to apply it to fixed equipment
  • The concept and mechanics of determining the next inspection date based on risk
  • The critical role of identifying and quantifying damage mechanisms in the RBI analysis, and how active damage mechanisms affect the total risk of equipment
  • The API RP 581 methodology for ASTs, HEX bundles, and PRDs, and how it compares and contrasts with that of RBI for pressure vessels and piping
  • RBI updating and reassessing: when they are warranted and how those tasks should be executed
  • The value of RBI to decision makers within the organization when garnering support for the implementation of an RBI program
  • The solution of the comprehensive RBI example problem given during the course

Who Should Attend:

  • Plant engineers in mechanical reliability programs
  • Plant inspectors
  • Central engineering staff
  • Consultants for refining and petrochemicals
  • Can also be beneficial for the pulp and paper, natural gas, chemical, and other industries that use and maintain pressurized equipment

Attendees should have a working knowledge of basic processing equipment.

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