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Applications of Risk-Based Decision-Making Tools for Process Equipment Maintenance

[+] Author Affiliations
Randal L. Montgomery

ABSG Consulting, Inc., Knoxville, TN

William C. Satterfield

ABSG Consulting Inc., Knoxville, TN

Paper No. PVP2002-1388, pp. 173-184; 12 pages
  • ASME 2002 Pressure Vessels and Piping Conference
  • Selected Topics on Aging Management, Reliability, Safety and License Renewal
  • Vancouver, BC, Canada, August 5–9, 2002
  • Conference Sponsors: Pressure Vessels and Piping Division
  • ISBN: 0-7918-4655-5
  • Copyright © 2002 by ASME


This paper explains a risk-based approach for analyzing process equipment that will help maintenance organizations improve system reliability and optimize maintenance resources. In addition, the approach provides a methodology for organizations to move from a prescriptive or compliance-based maintenance strategy to a risk-based maintenance strategy. The approach outlined is based on proven risk assessment and maintenance analysis tools, such as reliability-centered maintenance. The information in this paper will benefit maintenance professionals interested in optimizing maintenance resources.

Copyright © 2002 by ASME



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