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RiskPLANT is a powerful software tool that utilizes a quantitative, risk-based approach to help plant managers manage risk and develop effective mitigation plans for the safe and economically efficient operation of pressurized equipment.
This versatile software is designed to meet recognized industry best practices across multiple sectors, including upstream, midstream, and downstream.
The latest version of RiskPLANT is fully equipped to support API 581, 3rd edition, 2016.
Risk-based inspection is a critical element of asset integrity management programs, and RBI assists plant maintenance management in identifying high-risk assets to plan and schedule inspections.
The use of RBI in the OPEX domain can be a tool for cost optimization while providing higher reliability and confidence in plant assets.
RiskPLANT offers various functions to manage risks in processing facilities. It enables asset registration according to maintenance requirements and helps manage risk targets, demonstrating the As Low As Reasonably Practicable (ALARP) principle.
The software also includes corrosion loops data for both hydrocarbon and non-hydrocarbon processes.
With the help of level 1 and level 2 assessments, RiskPLANT identifies the highest contributors to risk and analyzes the probability of failure for each piece of equipment.
The focus of RiskPLANT is to prevent loss of primary containment (LOPC) and catastrophic accidents. It also offers detailed inspection planning to prevent accidents that can be prevented by monitoring and inspection.
Asset Integrity Management Software