Citation
(2002), "Risk and assessment techniques to optimise plant performance", Disaster Prevention and Management, Vol. 11 No. 1. https://doi.org/10.1108/dpm.2002.07311aab.005
Publisher
:Emerald Group Publishing Limited
Copyright © 2002, MCB UP Limited
Risk and assessment techniques to optimise plant performance
Risk and assessment techniques to optimise plant performance
"Asset managers are constantly under pressure to maximise performance while minimising capital and operational costs, at every stage of the life cycle from the initial design through to decommissioning. However, there are various risk-based assessment techniques to help organisations optimise plant performance", explains Leo Bjorkegren, ARM Consultant at ERA Technology. Leo Bjorkegren will be presenting a paper at the Engineering Asset Management Conference, 2-3 October, outlining the different risk and assessment techniques.
In particular, Leo Bjorkegrerl explored plant availability simulation (PAS), reliability-centred maintenance (RCM) and risk-based inspection (RBI). These techniques have arisen independently of each other and tackle different aspects of plant performance.
Leo Bjorkegren compared the different methods and explored the similarities between these techniques. PAS calculates the performance of a system based on the reliability and capacity of the individual components. RCM is a comprehensive optimisation technique that provides the best plant reliability for the minimum maintenance cost. RBI is a technique specifically designed for equipment that is subject to time-dependent degradation.
"These techniques help clients plan, procure, manage and operate their assets more effectively, identify deficiencies in plant operation, investigate different working scenarios and provide quantitative support for investment decisions and performance improvement", explains Leo Bjorkegren.
"They are used successfully on a wide range of plant including onshore and offshore petrochemical installations, power generation and distribution plant, water treatment and distribution systems, food manufacturing and baggage handling, and can be applied to virtually any process plant."
(News release from ERA Technology, October 2001)