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RMC-07-96 Assessing the Value Creation of RBI

John Aller, President, Lloyd's Register Capstone, and Karen Maxson, Senior Consulting Engineer, DuPont Engineering

Format:
Electronic (digital download/no shipping)

Associate Member, International Member, Petrochemical Member, Refining Member, Special/Temporary Member - $0.00
Government, NonMember - $25.00

Description:

Risk reduction is often considered a ‘soft’ number, and if an equipment failure is prevented it is difficult to take credit for the risk reduction. This paper will describe how value generation can be predicted before the application of RBI, and how it can be measured during the implementation and sustaining of the process. A value calculation tool will be demonstrated and made available to the attendees, and KPIs will be presented that will help any operating company be more successful in demonstrating the true value of the RBI program.

Product Details:

Product ID: RMC-07-96
Publication Year: 2007