API RP 580-2002 Risk-based Inspection

American Petroleum Instltute (API) First Edition, May 2002. 60p. The purpose of this document is to provide users with the basic elements for developing and implementing a risk-based inspection (RBI) program. The methodology is presented in a step-by-step manner to the maximum extent practicable.
Although the risk management principles and concepts that RBI is built on are universally applicable, Rp 580 is spe- cifically targeted at the application of RBI in the hydrocarbon and chemical process industry.