API RP580 Update
The 5th Draft of API RP580 is available to download from an API website:
RiskWISE™ for Pipelines and RiskWISE™ for Process Plant were designed to comply with the latest draft of RP580.
Benefits of Using RISKWISE&8482;
RiskWISE™ is highly user-orientated and its simplicity ensures rapid implementation. It accommodates plant experience and is not a 'black-box', which ensures operating personnel 'buy-in' and ultimately, own the new RBI inspection planning system.
RiskWISE™ incorporates a unique time dimension to risk assessment, which facilitates a semi-quantitative estimation of remaining life, i.e. the estimated Remaining Life Indicator (RLI), and hence a safe inspection interval.
RiskWISE™ incorporates TWI's comprehensive knowledge of all damage and failure mechanisms. The software includes a Damage Mechanism and NDT Help program, thereby transferring know-how to the operator in a transparent manner.
RiskWISE™ produces inspection plans in the form of a Written Scheme of Examination, in a customisable form (to meet the requirements of users and the local safety regulators).
RiskWISE™ for Process Plant and RiskWISE™ for Pipelines were developed specifically for application in refineries and petrochemical plants, and transportation pipelines. They therefore incorporate all the relevant degradation mechanisms.
RiskWISE™ enables screening on the basis of risk or on the basis of recommended inspection periodicity. For high-risk items, the software directs the user to risk mitigation options via the Focus/Defocus process.
RiskWISE™ has a plant asset and inspection database (PAID) which can be linked with the relevant module of computerised maintenance management systems (CMMS).