Software description

RiskWISETM is a software tool that automates the methods and procedures of risk-based inspection (RBI)
in process plants, according to API RP 580, API RP 581 and TWI’s proprietary procedures. Although such
API codes were established primarily for the petrochemical industry, the philosophy and approach
covered by RiskWISETM remains applicable across various industry sectors. Whilst API RP 580 introduces
the principles and presents minimum general guidelines for risk-based inspection, API RP 581 provides
quantitative calculation methods to determine an inspection plan using a risk-based methodology. Risk
based inspection provides the basis for making informed decisions on inspection frequency, the extent
of inspection and the most suitable type of NDE.

RiskWISETM is used to enable the facility contractors, operators or owners to establish an optimum
inspection strategy; inspection programs; and maintenance decisions. Risk-based inspection is an
integral part of the wider concept of reliability/availability engineering, providing assurance that
facilities are operating safely and sustainably. This entails the provision of expert and knowledgeable
staff that shall manage and apply risk-based inspection approaches, according to high standard
engineering judgement.

Risk-based inspection is not an inspection activity, and it requires the cross-disciplinary involvement of
the various segments of an organization. It requires the active commitment and cooperation from the
entire departments of the organization.

Key highlights
• ASME/API-compliant software for optimizing inspection and maintenance intervals based on API
RP 580 and API 581

• allows operators to establish inspection plans as an alternative to the traditional requirements

in, for example, API 510

• based on generally accepted risk engineering principles for oil and gas production, petroleum
refining and chemical plant

• high level of ongoing technology development by subjecting the software to the scrutiny of a
worldwide group of end-users

• evaluates the distribution of the risk of failure for all types of process equipment (pressure
vessels, piping, rotating equipment, valves, etc.)

• provides estimates of remaining life for all API RP 571 in-service damage mechanisms (corrosion,
mechanical, metallurgical, high temperature, etc.)

• designed for use by plant personnel so that implementation and maintenance are not
dependent on the use of external RBI consultants
 • TWI´s code-compliant RBI software helps focus your inspection resource allocation and lower
your failure risks

• TWI provides training, support and practical advice for its software tools, from leading authors
of the world´s best practice RBI guides

Key futures
• highly user friendly, not 'black box' - ensures buy in

• audit team approach - accommodates quantitative as well as qualitative input

• API 580 and ASME compliant

• inspection frequency based on formal reliability rules - remaining life indicator (RLI)

• focus/defocus module - facilitates selection of optimum mitigation measures

• fully auditable output - acceptability to insurers/regulators

• links to data management systems

• RiskWISE is intuitively designed so that it can be easily learned, and the risk model allows
qualitative (Level 1) as well as quantitative (Level 3) input

• includes the full API RP 571 technical modules for all relevant in-service damage mechanisms
(description, affected materials and equipment, critical factors, appearance, prevention,
mitigation, inspection and monitoring)

• option to perform full assessment in accordance with API 581

• users can undertake a `what if´ likelihood and consequence appraisal of each component, to
determine the minimum level of inspection and maintenance, to mitigate the risk of failure and
optimize the current inspection program

• provides an indication of remaining life for all damage mechanisms, based on an implicit time
dimension of risk (risk of failure generally increases over time) which is the only rational basis
for setting safe operating periods between inspections

• English, Chinese, Japanese and Spanish language versions available

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