3 entries found for "Data Validation"
Plant Management 101: Common Work Processes
by Michael Hurley, 3/3/2021
Tags: Asset Performance Management Data Collection Data Validation Mechanical Integrity Process Safety Management Reliability Risk Management Training Work Process
This article deals with the dysfunctionality found in many refineries, chemical plants, and other production facilities. This can lead a facility to not reaching its value and reliability goals. One of the main reasons for this dysfunctionality is facility departments not using a common asset management work process.
Other Benefits of Risk Based Inspection Implementation
by Travis Gaston, 6/9/2020
Tags: Data Collection Data Validation Human Factors Inspection Risk Based Inspection
Aside from the direct benefits of implementing a Risk Based Inspection (RBI) program such as cost savings, optimized inspection planning, and reduced risk, RBI programs have a number of other benefits. This article looks at some of these secondary benefits including equipment verification, better organization of data, deeper understanding of facility status, and improved inter-team collaboration.
Risk Analysis: Good In, Good Out - A Risk Analyst's View
by John Dickerson, 11/16/2018
Tags: Data Collection Data Validation Risk Analysis Technology
An AOC Team Lead reflects on the importance of ensuring your data is accurate and on the impact that having poor data can have on your risk analysis. Having even just one or two erroneous data points can make all the difference in the risk assigned to an asset and the subsequent inappropriate assignment of maintenance and inspection resources. Assigning low risk to a high risk asset because of bad data can result in unexpected and painful consequences.
Asset Optimization is the authority on asset integrity solutions that align your people, process, and technology with unmatched returns across your enterprise.
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