Risk Based Inspection (RBI)

Focus Where It Matters

What Is RBI?

Risk-Based Inspection (RBI) is an engineering-driven approach that prioritises inspections based on actual risk, not arbitrary schedules. Instead of treating all equipment the same, RBI focuses resources where failure is most likely and most costly, improving efficiency, safety, and compliance.

With AS 3788-2024 now recognising RBI, industries have a clear framework to justify extended inspection intervals while ensuring mechanical integrity.

LMATS ’ RBI Approach

We integrate risk assessment and inspection planning to help clients develop inspection programs that:

✔ Optimise resources by focusing on critical equipment.
✔ Identify and assess all relevant damage mechanisms.
✔ Comply with AS 3788-2024, API 581, and best practices.
✔ Reduce unplanned downtime with targeted risk mitigation.
✔ Support regulatory requirements with traceable, auditable RBI assessments.

Key RBI Services We Offer

• Data Collection & Management – A structured approach to gathering and analysing equipment history.
• Damage Mechanism Assessments – Identifying potential failure modes and corrosion threats.
• Risk Assessments – Evaluating the probability and consequences of failure.
• Optimised Inspection Planning – Ensuring inspections are conducted at the right time, for the right reasons.
• RBI Reassessment – Updating risk profiles based on inspection results and operational changes.

Let’s Talk RBI

If you're looking to implement a structured, risk-based strategy that improves asset integrity while cutting unnecessary costs, LMATS can help. Get in touch to discuss how RBI can work for your plant.