Inspectioneering
Training Course

Understanding API RP 581: Risk-Based Inspection

By Greg Alvarado, Chief Editor at Inspectioneering.
Update: The price of this course has been reduced from $2,215 to $1,995.

Course Description

Risk-Based Inspection (RBI) is a holistic process that requires strategic thinking about how equipment is degrading and the potential consequences in the event of a release. API RP 581, Risk-Based Inspection Technology, is the most widely used risk assessment methodology in the refining and petrochemical industries and is becoming more popular with midstream gas plants. This recommended practice is an ANSI-accredited document and represents industry best practices. It is likely the most quantitative RBI methodology available.

In order to maximize the benefits of the API RP 581 technology, it is important for stakeholders to understand the models and relative sensitivities of the inputs, as well as their impact on the calculations/outputs.

This course includes:

  • 9.00 CPDs/PDHs (certificate provided upon completion)
  • Over 9 hours of on-demand video, including comprehension checks and a final exam
  • Access for 90 days upon beginning the course
  • Slides are not available for this course

What You’ll Learn

After completing this course, you will understand and appreciate:

  • The API RP 581 models
  • How to use API RP 581 technology to its maximum potential
  • How to deal with special situations that inevitably arise (e.g., CUI special emphasis programs)
  • The value of a structured vetting process, and how it can be used to overcome hurdles (e.g., lack of insulation data)
  • How to use API RP 581 quantitatively and qualitatively
  • How to use the results of the analyses to manage risk most effectively
  • How to identify risk drivers
  • How to determine the best cost vs. risk reduction strategies
  • How to create an inspection strategy using RBI outputs

Requirements

A current copy of API RP 581 (3rd Edition) is required to get the most out of this course. You can find this document at Techstreet or IHS. Although not required for this course, we also recommend that you purchase and familiarize yourself with the API RP 580 (3rd Edition) document, upon which API RP 581 is based. You can find this document at Techstreet or IHS. It will be helpful to have both documents available for reference while taking this course.

Course Outline

  1. Introduction
  2. API RP 580
  3. API RP 581
  4. POF Analysis
  5. COF Analysis
  6. Risk & Inspection Planning
  7. Updating & Wrap-Up

Group Purchases

Inspectioneering Training offers the following benefits and discounts to organizations looking to enroll multiple team members in this course.

  • Extended Access: Receive an increased duration to access the course, from the standard 3 months to 12 months, allowing more time for all participants to complete and revisit the training course.
  • Presentation Slides: Gain access to download the presentation slides used throughout the training course.
  • Personalized Communications: Set up email notifications to ensure participants progress through the course within the timeline set forth by the company’s designated administrators.
  • Progress Reports: Receive access to detailed course reporting on all participant activities, progress, and performance.
  • Flexible Billing: Benefit from flexible billing options tailored to your organization's needs.
  • Dedicated Account Representative: Receive support from a dedicated account representative, ensuring smooth enrollment and ongoing assistance throughout the training program.
Discount Type 2-10 Seats 11-20 Seats 21+ Seats
Standard $1,895.25 $1,795.50 Contact Us
Membership* $1,695.75 $1,596.00 Contact Us

* The discount is exclusive to companies with a company or enterprise membership to Inspectioneering.

Other Learning Methods

Interested in other learning methods such as in-person or hybrid learning? Contact us to explore what your options are.



"Understanding API RP 581 Risk-Based Inspection was an excellent and well-organized course. The instructor did an outstanding job of relaying the information in a very understandable and practical way. I really enjoyed it and was worth every minute of time. Great job!"
- Travis Harrington, Senior Integrity Engineer at Chevron


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