by Michael Hurley, 8/19/2026
Tags: API 580 Asset Performance Management Damage Mechanisms Data Analysis Data Management Data Validation HSE Inspection Mechanical Integrity Probability Reliability Risk Risk Analysis Risk Management Technology Value
A practical framework for developing a globally standardized Loss of Containment Event Repository. The document defines data validation rules, controlled equipment and damage-mechanism taxonomies, failure-cause hierarchies, confidence scoring, evidence requirements, duplicate detection, standardized units, and AI-readability rules to improve RBI, mechanical integrity, process safety, and failure prediction.