In the oil and gas industry, Risk-Based Inspection (RBI) is a valuable approach for proactive maintenance and risk mitigation. This article explores the fundamentals of RBI, including its fundamentals, objectives, key elements, and procedures. Whether you are new to the…
The risk matrix plays a crucial role in risk management, enabling organizations to evaluate and prioritize potential risks efficiently. By visually representing the likelihood and impact of risks, it aids decision-makers in resource allocation. In this article, we will explore…