0- RBI a Quantitative Analysis

16
48 Risk Analysis In general, risk is calculated as a function of time as follows The probability of failure is a function of time, since damage due to cracking, thinning or other damage mechanisms increases with time In API RBI, the consequence of failure is assumed to be independent of time, therefore () () () Rt POF t Ct () () () () Rt POF t CA for Area Based Risk Rt POF t FC for Financial Based Risk

description

580 rbi

Transcript of 0- RBI a Quantitative Analysis

  • 48

    Ris

    k A

    naly

    sis

    In g

    ener

    al,

    risk

    is

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  • 49

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  • 50

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  • 51

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  • 52

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  • 53

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  • 54

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  • 55

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  • 56

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  • 57

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  • 58

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  • 59

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  • 60

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  • 61

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    anal

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  • 62

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  • 63

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    ection,

    The

    type

    of N

    DE (

    e.g.,

    vis

    ual

    , U

    T,

    Rad

    iogra

    phy,

    WFM

    T)

    bas

    ed o

    n t

    he

    active

    dam

    age

    mec

    han

    ism

    sThe

    exte

    nt

    of th

    e in

    spec

    tion (

    e.g.,

    per

    cent

    of to

    tal ar

    ea

    exam

    ined

    or

    spec

    ific

    loca

    tions)

    Loca

    tion o

    f in

    spec

    tion (

    exte

    rnal

    or

    inte

    rnal

    )