Page 522 - Marine Structural Design
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498                                                   Part IV Structural Reliabiliiy


                 where, Pf is the failure probability; C is the consequence of the failure.
                 A more general expression of the risk for practical calculation is given by
                                                                                     (28.2)

                 Then, the risk-based inspection can be planned by minimizing the risk.

                      min[R)                                                          (28.3)
                 The development of a system-level, risk-based inspection process includes the prioritization of
                 systems,  subsystems, and  elements using  risk  measures,  and  definition  of  an inspection
                 strategy (i.e., the frequency, method, and scope/sample size) for performing the inspections.
                 The process also includes the decision about the maintenance and repair following inspections.
                 Finally, there is a strategy for updating the inspection strategy for a given system, subsystem,
                 or component/element, using the results of the inspection that are performed.
                 Figure  28.1  illustrates the  overall  risk-based  inspection process  which  composed  of  the
                 following four steps:
                    Definition of the system that is being considered for inspection
                    Use  of  a qualitative risk  assessment  that  utilizes  expert judgement  and  experience in
                    identifying failure modes, causes, and  consequences for initial ranking of systems and
                    elements in inspection.
                    Application of  quantitative risk  analysis methods,  primarily using  an enhanced  failure
                    modes, effects, and criticality analysis (FEMCA) and treating uncertainties, as necessary,
                    to focus the inspection efforts on systems and components/elements associated with the
                    highest calculated safety, economic, or environmental risk.
                    Development of the inspection program  for the components, using decision analysis to
                    include economic considerations, beginning with an initial inspection strategy and ending
                    with an update of that strategy, based on the findings and experience from the inspection
                    that is performed.
                 Several feedback loops are shown in Figure 28.1 to represent a living process for the definition
                 of  the  system, the  ranking  of  components/elements,  and  the  inspection strategy  for  each
                 component/element.  A key objective is to develop a risk-based inspection process that is first
                  established and then kept up to date by incorporating new information from each subsequent
                 inspection.
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