9 entries found for "Asset Performance Management"
Achieving Unified Risk Management Through A Formal Acceptable Risk Policy
by Michael Hurley, 3/27/2026
Tags: Asset Performance Management Data Analysis Data Management Data Validation HSE Human Factors Mechanical Integrity Process Safety Management Regulation Risk Risk Analysis Risk Management System Implementation Value Work Process
This document outlines a unified approach to risk management through a formal acceptable risk policy. It defines risk tolerance, assigns decision authority by risk level, and requires escalating approvals for higher-risk decisions. The framework improves consistency, transparency, auditability, and resource prioritization across operations, engineering, and safety functions.Unified Risk Framework Across MI, RCM, PHA, and SILSIS
by Michael Hurley, 3/24/2026
Tags: API 580 API 581 Asset Performance Management Data Analysis Data Management HSE Mechanical Integrity Process Safety Management Regulation Reliability Risk Risk Analysis Risk Based Inspection Risk Management System Implementation Technology Value Work Process
This document presents a unified risk framework integrating MI, RCM, PHA, and SIL/SIS into a single, risk-based system. It emphasizes a common risk matrix, shared failure modes, and centralized action management to eliminate fragmented governance. By linking equipment strategies, SIL validation, and MI data with closed-loop feedback and MOC, it enables consistent prioritization, aligned decision-making, and effective, real-world risk reduction.Why is Management Of Change (MOC) so poorly executed
by Michael Hurley, 3/17/2026
Tags: Asset Performance Management Consequence Corrosion CUI Damage Mechanisms Data Analysis Data Management Data Validation HSE Human Factors Mechanical Integrity Process Safety Management Regulation Risk Risk Analysis Risk Management System Implementation Work Process
Management of Change (MOC) under OSHA PSM is often poorly executed not due to lack of knowledge, but because it conflicts with operational realities. Production pressure, unclear definitions of change, weak field ownership, and procedural focus reduce effectiveness. Temporary and digital changes bypass controls, cumulative risk goes untracked, and approvals lack rigor. Without aligned incentives, clear boundaries, and post-implementation verification, MOC becomes a formality rather than a true risk control.How to practically implement RBI for oil and gas production, gathering, and midstream facilities in the United States.
by Michael Hurley, 3/11/2026
Tags: API 580 API 581 Asset Performance Management Consequence Corrosion CUI Damage Mechanisms Data Collection Data Management Data Validation HSE Inspection Integrity Operating Windows Mechanical Integrity Process Safety Management Regulation Reliability Risk Analysis Risk Based Inspection Risk Management System Implementation Technology Work Process
This document presents a practical framework for implementing Risk-Based Inspection (RBI) and Mechanical Integrity (MI) programs for U.S. oil and gas production, gathering, and midstream facilities. It outlines lifecycle asset management practices aligned with API 510/570/653, API 580/581, PHMSA pipeline safety rules, and OSHA PSM to prevent loss of containment, detect degradation early, and maintain safe, reliable operations.Can you improve reliability focusing on safety 1st, environmental preservation 2nd, and production 3rd
by Michael Hurley, 2/25/2026
Tags: API 580 API 581 Asset Performance Management Consequence Corrosion CUI Damage Mechanisms Data Analysis Data Management HSE Inspection Integrity Operating Windows Mechanical Integrity Process Safety Management Risk Risk Based Inspection Risk Management Safe Operating Limits System Implementation Value Work Process
Reliability improves when priorities are truly enforced: safety first, environmental protection second, production third.What Do Good Refining Corporate Cultures Look Like?
by Michael Hurley, 2/8/2026
Tags: API 580 API 581 Asset Performance Management Data Management HSE Human Factors Mechanical Integrity Process Safety Management RBMI Reliability Risk Risk Management Technology Training Value Work Process
In the refining industry, "culture" is often only analyzed after a failure occurs. However, a robust culture is defined by observable, repeatable behaviors and daily decisions made under pressure. This article outlines the seven practical attributes of high-performing refining organizations and demonstrates how alignment between leadership values and technical integrity creates a safer, more profitable operation.
Execution Failures: The Main Cause of PSM Loss-of-Containment
by Michael Hurley, 1/21/2026
Tags: Asset Performance Management Mechanical Integrity Process Safety Management Risk Management
Investigations by the CSB and industry standards like API RP 754 reveal that the majority of loss-of-containment events are preventable through disciplined execution. While degradation mechanisms are often well understood and corrective actions identified, disasters frequently occur because repairs are delayed or inspections are deferred. This post explores how organizational accountability and robust governance can prevent these systemic breakdowns in PSM execution.
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.
Asset Value Management vs Asset Performance Management
by Michael Hurley, 2/16/2021
Tags: Asset Performance Management Mechanical Integrity Risk Based Inspection
VP of Technology, Mike Hurley, looks at the concept of Asset Value Management in the financial sector and compares it with Asset Performance Management (APM) with respect to our industry. He goes further to propose a new definition of AVM as applicable to the petrochemical industry and begins the conversation of AVM vs APM.
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