12 entries found for "Value"
Loss of Containment (LOC) Event Repository Data Consistency
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.How to improve RBI predictions using a consolidated central repository of failure events
by Michael Hurley, 7/21/2026
Tags: Data Analysis Data Management Data Validation Mechanical Integrity Probability Risk Risk Analysis Risk Based Inspection Risk Management Technology Value
A targeted AI platform using a centralized repository of global loss-of-containment events to identify failure patterns, improve RBI predictions, strengthen mechanical integrity, and provide continuously updated, data-driven risk recommendations.Easter Blog How to instill a culture of “Being My Brother's Keeper” in my plant
by Michael Hurley, 4/7/2026
Tags: Community Outreach Consequence Data Management Human Factors Office Life Process Safety Management Reliability Risk Management Value
An Easter-inspired reflection on applying Christian values, stewardship, care for others, accountability, and integrity, within plant operations. It outlines practical leadership actions, safety integration, and cultural behaviors to instill a “brother’s keeper” mindset, emphasizing shared responsibility, psychological safety, and consistent, values-driven performance.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.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.Is your risk-based inspection (RBI) implementation 3rd party really qualified to do the job?
by Michael Hurley, 2/17/2026
Tags: API 580 API 581 Corrosion CUI Damage Mechanisms Data Analysis Data Collection Data Management Data Migration Data Validation Inspection Integrity Operating Windows Mechanical Integrity Probability Process Safety Management Regulation Risk Risk Analysis Risk Based Inspection Risk Management Skills Validation System Implementation Technology Training Value Work Process
Is your RBI contractor truly qualified or just proficient with software?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.
Leveraging AI to Accelerate Data Collection in Risk-Based Inspection Projects
by Stephen Elmer, 10/27/2025
Tags: API 580 API 581 Data Analysis Data Collection Data Management Data Migration Data Validation Risk Based Inspection Technology Value
Data collection is an RBI project bottleneck, often taking a very significant percentage of total effort due to manual interpretation of old, varied engineering documents. AOC developed AI-driven tooling to automatically extract, classify, and normalize this data, achieving a very high accuracy and significantly streamlining the process for faster, more reliable RBI implementation.
The Top Three RBI Risks That Cannot Wait for a Budget Rebound
by Michael Hurley, 10/1/2025
Tags: CUI Inspection Mechanical Integrity Process Safety Management Regulation Risk Risk Analysis Risk Based Inspection Risk Management Value
When organizations face budget cuts, they may postpone projects, but certain risks are too critical to delay. This post highlights three such Risk-Based Inspection (RBI) risks that demand immediate attention: high-risk equipment, Corrosion Under Insulation (CUI), and overdue critical inspections. Acting now can safeguard people, assets, and the bottom line from costly failures.
Why We're Lowering Our Rates - and Why Now?
by Michael Hurley, 9/24/2025
Tags: Mechanical Integrity Value
As the post-COVID downturn has continued, we have seen former, current, and future clients struggle. Recognizing this, and taking advantage of new efficiency gains, we are reducing our rates on new projects so that we can further support our friends in the industry.
Hidden Benefits of Risk Based Inspection (RBI)
by Paul Sheriff, 5/26/2021
Tags: HSE Mechanical Integrity Risk Based Inspection Value
The prime objective of a Site's Mechanical Integrity programme should be to eliminate any unintentional releases of stored energy. Most Sites implement Risk Based Inspection for three obvious reasons. However, as well as these reasons other less obvious but still positive benefits can be achieved through the implementation. These less obvious reasons could be equally valuable to the efficient operation of the Site.
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Asset Optimization is the authority on asset integrity solutions that align your people, process, and technology with unmatched returns across your enterprise.
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