European Master and Certification Program
in Risk Engineering and Management

API RBI Concepts in Industry

March 14, 2014
Pancevo, Serbia

The focus of the course is set on the standard of American Petroleum Institute API 581 (API RECOMMENDED PRACTICE 581:2008 Risk-Based Inspection Technology) and its application in petrochemical industry. The course elaborates the basic concepts of API 581 and explains the principles of Risk Based Inspection. This methodology encompasses techniques such as Probability of failure, Consequence of failure, Risk analysis and Inspection planning based on Risk Analysis.

This course is an introduction to the fundamental concepts of Risk Based Inspection (RBI) and it focuses on API RBI methodology. The main topics cover explanations of main elements of the methodology:

  • Probability of Failure,
  • Consequences of Failure,
  • Risk Analysis
  • Inspection Planning Based on Risk Analysis.

The course may be considered as a basis for further understanding API 581 methodology and its reliance on damage mechanisms (API 571) and fitness for service concepts (API 579). 

The course is dedicated to:

  • professionals (engineers, managers, inspectors, legislators, …) who wish to deepen their knowledge in the field of risk based inspection
  • other professionals dealing with risk and safety in industry
  • individuals with no previous experience in the field of risk based inspection, but willing to extend their knowledge and take up new roles in this field within their companies
  • university students of Steinbeis European Master Program in Risk Engineering and Management, and similar programs.

Course Content:

Probability of Failure
Consequence of Failure
Risk Analysis
Inspection Planning Based on Risk Analysis

Get more info and register for the course now:

Registration deadline: March 14, 2014
Course venue:
Course code: 161330 (SEM)
Language of instruction: English
Lecturer: Prof. Dr. Aleksandar S. Jovanovic (Steinbeis Advanced Risk Technologies)
Related courses of interest:

For more info about the European Master and Certification Program in Risk Engineering and Management
For more info send an email to or call +49 711 1839 781 or +49 711 1839 647
In the case of cancellation of the course by the organizers, the participants are entitled to the full reimbursement of the prepaid fees.
In the case of participant's cancellation less than 1 week prior to the course, the fees will be retained in full.
(Announcement generated on April 22, 2021)