Risk-Based Methods for Equipment Life Management

This handbook includes a CD-ROM containing spreadsheet templates and other information that can be used to develop an inspection program for pressure vessels, piping and other equipment in a power plant or other industrial facility. The Handbook and the templates will help the user to develop an inspection program by: Framing and inquiry Collecting and formatting the relevant data Analyzing the data Obtaining failure probability vs. time and other useful information Performing system analysis when necessary Mathematically determining the correct sequence and timing for a series of major maintenance activities. The CD also includes an interactive flow chart that links to abbreviated versions of the step-by-step procedures. The Handbook identifies known areas where safety exposures exist and suggests ways in which these exposures may be addressed.