European Master and Certification Program
in Risk Engineering and Management

Consequence Analysis in an API RBI Assessment

March 18, 2014
Pancevo, Serbia

This course teaches how to calculate the consequence of failure as defined by API RP 581:2008 Risk-Based Inspection Technology. The course starts with general definitions aiming to ensure better understanding of the main topics of the course. Methodology for calculation is always illustrated with examples.

At the end of the course, students are expected to have basic knowledge about:

  • what are types of consequences and what kind of consequences can be calculated using RBI methodology
  • what is the scope of this calculation, models and required data for calculation
  • applicability, advantages and constrains of Level 1 and Level 2 calculation of consequences
  • steps in calculation of consequences of failure at Level 1 and 2, as defined by API 581, including premises and assumptions

The course is dedicated to:

  • professionals who wish to deepen their knowledge in the field of risk based inspection
  • other professionals dealing with risk and safety in industry
  • individuals with 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.

Course Content:

Definitions - General
Overview of Consequences Analysis in API RBI
Consequence Analysis Calculation Procedure
Consequence Analysis – Level 1
Consequence Analysis – Level 2

Get more info and register for the course now:

Registration deadline: March 18, 2014
Course venue:
Course code: 161333  (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)