Using risk as a metric for decisions, the right inspection can be applied at the right time. Risk-based inspection is an approach for integrating risk metrics for both inspection-type activities (such as preventative maintenance) and design-type activities (such as safety systems to decrease risk).
Risk management plans are being developed for ammonia storage facilities to:
ensure the safety of employees, the public, and the environment
aid management in the decision-making process to determine which activities achieve the most cost-effective form of risk reduction
allow prioritization of even very different activities under the umbrella of good risk management practices.
© 2005 American Institute of Chemical Engineers Process Saf Prog, 2005