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The goal of asset management is to effectively manage corporate assets in order to gain maximum value, profitability and returns while safeguarding personnel, the community, and the environment. A true Asset Integrity Management program incorporates design, maintenance, inspection, process, operations, and management concepts, since all these disciplines impact the integrity of infrastructure and equipment. An important part of asset integrity management is inspections and their management. Regularly scheduled inspections, evaluations, and testing by qualified personnel are critical parts of containing HHC (Highly Hazardous Chemicals). Their purpose is to prevent, predict, and readily detect failure of equipment. Inspections are conducted not only on Tanks, pressure vessels, but also on associated piping, valves, and on other equipment and components that could be a source or cause of a release. The purpose of inspections is to: 1. 2. 3. 4. Ensure integrity of the process equipment Maintain a safe workplace and operating area. Ensure the equipment is fit for its intended service Do this at the lowest cost.
Basically there are 2 philosophies to inspections 1. Risk based inspections 2. API based
API Codes
Industry standards are technical guidelines created by experts in a particular industry for use throughout that industry. These guidelines assist in establishing common levels of safety and common practices for manufacture, maintenance, and repair. Created by standard-setting organizations using a consensus process, the standards establish the minimum accepted industry practice. Some codes that deal with inspections are:
API 570 - Piping Inspection Code: In-Service Inspection, Rating, Repair, and Alteration of Piping Systems
Covers the inspection, rating, repair, and alteration procedures for metallic and fiberglass reinforced plastic piping systems and their associated pressure relieving devices that have been in-service
API Recommended Practice 574 Inspection Practices for Piping System Components