Risk Based Inspection on Gas Processing Plant

This report describes a study of risk based inspection conducted on Gas Processing Plant focusing only on relief valves. The main purpose of this study is to fmd out whether risk based inspection is actually beneficial for conducting an inspection especially in terms of cost savings and risk mana...

Full description

Saved in:
Bibliographic Details
Main Author: Mohd Yunus, Mohd Zulfadli
Format: Final Year Project
Language:en
Published: Universiti Teknologi PETRONAS 2008
Subjects:
Online Access:http://utpedia.utp.edu.my/id/eprint/10002/1/2008%20Bachelor%20-%20Risk%20Based%20Inspection%20Study%20On%20Gas%20Processing%20Plant.pdf
http://utpedia.utp.edu.my/id/eprint/10002/
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1833329130074013696
author Mohd Yunus, Mohd Zulfadli
author_facet Mohd Yunus, Mohd Zulfadli
author_sort Mohd Yunus, Mohd Zulfadli
building UTP Resource Centre
collection Institutional Repository
content_provider Universiti Teknologi Petronas
content_source UTP Electronic and Digitized Intellectual Asset
continent Asia
country Malaysia
description This report describes a study of risk based inspection conducted on Gas Processing Plant focusing only on relief valves. The main purpose of this study is to fmd out whether risk based inspection is actually beneficial for conducting an inspection especially in terms of cost savings and risk management. The risk based inspection is a method of delivering and identifying highly risk equipment by calculating each risk level by means of optimizing the data collection. Risk is defmed as a combination of probability of failure and the consequences of failure of equipment. The major findings of this study are the determination of risk ranking of each equipment represented by risk matrix and the cost comparisons of inspection between applying RBI and not applying RBI. The result shows that RM 410000 can be saved if RBI methods were employed. These saving were achieved by systematically planning on how, where and when to inspect the relief valves
format Final Year Project
id oai:utpedia.utp.edu.my:10002
institution Universiti Teknologi Petronas
language en
publishDate 2008
publisher Universiti Teknologi PETRONAS
record_format eprints
spelling oai:utpedia.utp.edu.my:100022017-01-25T09:44:57Z http://utpedia.utp.edu.my/id/eprint/10002/ Risk Based Inspection on Gas Processing Plant Mohd Yunus, Mohd Zulfadli TJ Mechanical engineering and machinery This report describes a study of risk based inspection conducted on Gas Processing Plant focusing only on relief valves. The main purpose of this study is to fmd out whether risk based inspection is actually beneficial for conducting an inspection especially in terms of cost savings and risk management. The risk based inspection is a method of delivering and identifying highly risk equipment by calculating each risk level by means of optimizing the data collection. Risk is defmed as a combination of probability of failure and the consequences of failure of equipment. The major findings of this study are the determination of risk ranking of each equipment represented by risk matrix and the cost comparisons of inspection between applying RBI and not applying RBI. The result shows that RM 410000 can be saved if RBI methods were employed. These saving were achieved by systematically planning on how, where and when to inspect the relief valves Universiti Teknologi PETRONAS 2008-07 Final Year Project NonPeerReviewed application/pdf en http://utpedia.utp.edu.my/id/eprint/10002/1/2008%20Bachelor%20-%20Risk%20Based%20Inspection%20Study%20On%20Gas%20Processing%20Plant.pdf Mohd Yunus, Mohd Zulfadli (2008) Risk Based Inspection on Gas Processing Plant. [Final Year Project] (Unpublished)
spellingShingle TJ Mechanical engineering and machinery
Mohd Yunus, Mohd Zulfadli
Risk Based Inspection on Gas Processing Plant
title Risk Based Inspection on Gas Processing Plant
title_full Risk Based Inspection on Gas Processing Plant
title_fullStr Risk Based Inspection on Gas Processing Plant
title_full_unstemmed Risk Based Inspection on Gas Processing Plant
title_short Risk Based Inspection on Gas Processing Plant
title_sort risk based inspection on gas processing plant
topic TJ Mechanical engineering and machinery
url http://utpedia.utp.edu.my/id/eprint/10002/1/2008%20Bachelor%20-%20Risk%20Based%20Inspection%20Study%20On%20Gas%20Processing%20Plant.pdf
http://utpedia.utp.edu.my/id/eprint/10002/
url_provider http://utpedia.utp.edu.my/