API RP 691-Advanced Risk Based Machinery Management

This PetroKnowledge 5-day training course addresses Risk Based Machinery Management as logical extension of the RBI approach applied on pressure vessels to the machinery area. The training course provides the RBM framework understanding accompanied by the methodology toolbox for its implementation.

The RBM methodology covers the full life cycle of the projects and equipment, from the conceptual design up to the operation and decommissioning. It allows systemic decision-making considering safety and economic aspects and constraints.

By the end of this API RP 691 - Advanced Risk Based Machinery Management training course, participants will learn to:

• Confidently implement the risk-based machinery management framework based on API RP 691
• Master the implementation toolbox from API RP 691
• Learn various maintenance management approaches
• Optimize decision-making considering safety and economic aspects
• Optimally use risk and reliability in asset management

This API RP 691 - Advanced Risk Based Machinery Management training course is primarily intended for the refining and petrochemical sectors, although the process can be applied to any industry.

Main benefit from the course will be for the following:

• Mechanical / Rotating Machinery Maintenance Engineers and Maintenance Personnel
• Machine Design Engineers
• R&D Engineers
• Plant Engineers and Operations Supervisors
• Refining and Petrochemical Engineers

This training combines lectures teaching the theoretical principles of the risk-based and risk-informed approaches to equipment management throughout the life cycle of the machinery, then link it to the operational situation found in the typical petrochemical / refining plant. The lectures are accompanied and illustrated by the real-life examples and, in a number of cases, first-hand experience of the trainer, giving unique transition from theory to practice. Further, the practical workshops allow the participants to try to combine own professional knowledge and experience with the newly acquired knowledge during the course in order to be able to solve practical problems.

For the organizations that develop and design machinery products, this training course will provide unique opportunity to gain knowledge how to integrate the risk-informed and risk-driven approach from the first stage of product conception up to the in-service use of it.

For the end-users of the machinery, the integrated risk-based management methods are explored and correspondingly linked to the other risk-informed initiatives in the organization. Utilizing these approaches, the organization can achieve optimal life-cycle costing of the capital and other machinery.

The participants will master the risk-based approach as a philosophy to be integrated in the design and/or maintenance philosophy in the day-to-day work. Further, the participants will gain the practical skills in the risk-based machinery management through the practical, real-life examples. The participants are encouraged to bring own problems forward for the practical workshops embedded in the course.