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The purpose of this paper is to develop a decision support tool for risk-based maintenance scheduling for a large heavily equipped gas sweetening unit in a Liquefied Natural Gas (LNG) plant. Two conflicting objectives, i.e., total maintenance cost and the reliability, are considered in the tool. The tool is tested with the real plant data and suggests several Pareto-optimal schedules for a decision maker to choose from. The financial impacts are assessed.

A bi-objective scheduling optimization model is developed for maintenance scheduling using a risk-based framework. The model is developed integrating genetic algorithm and simulation-based optimization to find Pareto-optimal schedules. The model delivered true Pareto front optimal solutions for given plant-specific data. The two conflicting objectives: the minimization of total expenditures incurred on maintenance-related activities and improving the total reliability are considered.

For large and complex processing facilities such as LNG plant, a shutdown of facility generates a significant financial impact, resulting in millions of dollars in production loss. The developed risk-based equipment selection strategy helps to minimize such an event of production loss by generating a thorough maintenance strategy for inspection, repair, overhaul or replacement schedule of the unit without initiating the shutdown. The proposed model has been successfully applied to obtain an optimize maintenance schedule for a gas sweetening unit.

A future work may consider the state-dependent models for various failure modes that will result in obtaining a better representation of the model. The proposed scheduling can further be extended to multi-criteria scheduling including availability, resource limitation and inflationary condition. A comparative analysis with other meta-heuristic techniques such as harmony search algorithm, tabu search, and simulated annealing will further help in confirming the schedule obtained from this application.

Maintenance scheduling using a conventional approach for special equipment generally does not consider the conflicting objectives. This research addresses this aspect using a bi-objective model. The usefulness of risk-based method is to assist in minimizing the financial and safety risk exposure to the operating companies, but some variation in results is expected due to varying risk matrix for different organizations.

Managing two objectives, i.e., minimizing the cost of maintenance-related activities, while at the same time maximizing the overall reliability dramatically, helps in mitigating adverse safety and financial risk due to fires, explosions, fatality and excessive maintenance cost.

Research develops a decision support tool for managing conflicting objectives for an LNG process. This research highlights the impact of utilizing the simulation-based approach coupled with risk-based equipment selection for complex processing unit or plant maintenance scheduling optimization.

Inspection and maintenance of plant and machinery has traditionally been based on prescriptive industry practices. However, increased experience and a greater understanding of operational hazards is leading sections of industry to take a more informed approach to planning inspection and maintenance, targeting resources to reduce the risk to as low as reasonably practicable. The purpose of this paper is to present an approach to asset management to minimize risks in the most cost effective way.

The approach shown optimizes run‐repair‐replace decision‐making in the integrity management of assets with the ultimate aim of maximising the impact of money spent on risk mitigation actions. The risk‐based approach, as opposed to the more conventional approaches, assesses failure in its wider context by considering not just the likelihood of failure, but also the consequences should the failure event occur.

The risk‐based methodology presents a cost‐effective way to minimise life cycle costs in the management of assets whilst maintaining reliability or availability targets, and operating within safety and environmental regulation.

In this paper, for demonstration, a wind turbine system consisting of a number of components including structural components is used. However, the methodology can be extended to any system in which components can be analyzed to provide the required inputs to the risk model.

At a time when competitive pressures force asset managers to prioritize their maintenance, the risk‐based methodology presented here is a rational, efficient and somewhat flexible way to asset integrity management.

The purpose of this paper is to develop a risk‐based integrity model for the optimal replacement of offshore process components, based on the likelihood and consequence of failure arising from time‐dependent degradation mechanisms.

Risk is a combination of the probability of failure and its likely consequences. Offshore process component degradation mechanisms are modeled using Bayesian prior‐posterior analysis. The failure consequences are developed in terms of the cost incurred as a result of failure, inspection and maintenance. By combining the cumulative posterior probability of failure and the equivalent cost of degradations, the operational life‐risk curve is produced. The optimal replacement strategy is obtained as the global minimum of the operational risk curve.

The offshore process component degradation mechanisms are random processes. The proposed risk‐based integrity model can be used to model these processes effectively to obtain an optimal replacement strategy. Bayesian analysis can be used to model the uncertainty in the degradation data. The Bayesian posterior estimation using an M‐H algorithm converged to satisfactory results using 10,000 simulations. The computed operational risk curve is observed to be a convex function of the service life. Furthermore, it is observed that the application of this model will reduce the risk of operation close to an ALARP level and consequently will promote the safety of operation.

The developed model is applicable to offshore process components which suffer time‐dependent stochastic degradation mechanisms. Furthermore, this model is developed based on an assumption that the component degradation processes are independent. In reality, the degradation processes may not be independent.

The developed methodology and models will assist asset integrity engineers/managers in estimating optimal replacement intervals for offshore process components. This can reduce operating costs and resources required for inspection and maintenance (IM) tasks.

The frequent replacement of offshore process components involves higher cost and risk. Similarly, the late replacement of components may result in failure and costly breakdown maintenance. The developed model estimates an optimal replacement strategy for offshore process components suffering stochastic degradation. Implementation of the developed model improves component integrity, increases safety, reduces potential shutdown and reduces operational cost.

The purpose of this research is to create an expert risk‐based piping system inspection model. The proposed system includes a risk‐based piping inspection system and a piping inspection guideline system. The research procedure consists of three parts: the risk‐based inspection model, the risk‐based piping inspection model, and the piping inspection guideline system model. In this research procedure, a field plant visit is conducted to collect the related domestic information (Taiwan) and foreign standards and regulations for creating a strategic risk‐based piping inspection and analysis system in accordance with the piping damage characteristics in the petrochemical industry. In accordance with various piping damange models and damage positions, petrochemical plants provide the optimal piping inspection planning tool for efficient piping risk prediction for enhancing plant operation safety.

Purpose – The purpose of this paper is to propose a risk‐based approach for spare parts demand forecast and spare parts inventory management for effective allocation of limited resources. Design/methodology/approach – To meet the availability target and to reduce downtime, process facilities usually maintain inventory of spare parts. The maintaining of non‐optimized spare parts inventory claims more idle investment. Even if it is optimized, lack of attention towards the critical equipment spares could threaten the availability of the plant. This paper deals with the various facets of spare parts inventory management, mainly risk‐based spare parts criticality ranking, forecasting, and effective risk reduction through strategic procurement policy to ensure spare parts availability. A risk‐based approach is presented that helps managing spare parts requirement effectively considering the criticality of the components. It also helps ensuring the adequacy of spare parts inventory on the basis of equipment criticality and dormant failure without compromising the overall availability of the plant. Findings – The paper proposes a risk‐based approach that used conjugate distribution technique with the capability to incorporate historical failure rate as well as expert judgment to estimate the future spare demand through posterior demand distribution. The approach continuously updates the prior distribution with most recent observation to give posterior demand distribution. Hence the approach is unique in its kind. Practical implications – Appropriate spare parts unavailability could have great impact on process operation and result in costly downtime of the plant. Following proposed approach the availability target can be achieved in process industry having limited maintenance resources, by forecasting spare parts demand precisely and maintaining inventory in good condition. Originality/value – Adopting the approach proposed in the paper, risk level can be minimized and plant availability can be maximized within the financial constraint. The resources are allocated to the most critical components and thereby increased availability, and reduce risk.

The purpose of this paper is to further develop the Decision Making Grid (DMG) proposed by Ashraf Labib (e.g. Labib, 1998, 2004; Fernandez et al., 2003; Aslam-Zainudeen and Labib, 2011; Stephen and Labib, 2018; Seecharan et al., 2018) by proposing an innovative solution for determining proactive maintenance tactics based on mean time between failures (MTBF) and mean time to repair (MTTR) indicators.

First, the influence of MTTR and MTBF indicators on proactive maintenance tactics was computed. The tactics included risk-based maintenance (RBM), reliability-centered maintenance (RCM), total productive maintenance (TPM), design out maintenance (DOM), accessibility-centered maintenance (ACM) and business-centered maintenance (BCM). Then, the tactics were allocated to the cells of a DMG with MTTR and MTBF axes. The proposed approach was examined on 32 pieces of equipment of the Esfahan Steel Company and appropriate maintenance tactics were consequently determined.

The findings indicate that the DOM, BCM, RBM and ACM tactics with weights of 0.86, 0.94, 0.68 and 1.00 are located at the corners of the DMG, respectively. The two remaining tactics of TPM and RCM are located at the middle corners. Also, the results indicate that the share of tactics per spotted equipment in the grid as 62, 22 and 16 percent for RCM, DOM and BCM, respectively.

While reactive and preventive maintenance strategies include corrective, prospective, predetermined, proactive and predictive policies, the focus of this study was merely on the tactics of proactive maintenance policy. The advantage of the developed DMG over Labib’s DMG lies in its application for equipment with the unique condition of the bathtub curve.

While the basic DMG has been mostly used regardless of the type of maintenance policies, this study provides a DMG for a specific application regarding the proactive policy. In addition, the heuristic approach proposed for the development of DMG distinguishes this study from other studies.

The purpose of this paper is to review the evolution of inspection and maintenance (I&M) practices used for aging and newly built oil and gas (O&G) facilities. It also proposes a framework and an approach for mechanizing inspection planning to perform preventive maintenance (PM) activities, taking technical condition (TC) and relative degradation (RD) into consideration.

The paper systematically collects, categorizes, and analyzes the published literature of both researchers and practitioners. It also utilizes industrial experience that has been accrued and utilized from inspection planning practices for static mechanical equipment on aging O&G production plants.

The paper defines significant issues in I&M of O&G assets related to: different philosophies; stakeholders’ requirements trade-off; dependability and asset deterioration challenges; items interacting with inspection planning mechanization processes and I&M optimization approaches. A framework is identified to mechanize the inspection planning process in order to reduce the effect arising from human involvement, while improving the effective utilization of data from different sources. The suggested approach improves the quality of an inspection program, while minimizing the variability and cost to the engineering contractors as well as to the owners of O&G facilities.

The mechanization of inspection planning (MIP) is vital to have inspection programs with uniform quality. The currently employed inspection practices face challenges in maintaining uniform quality from one inspection program to another due to the variability present in the planning process, especially among the different inspection planning engineers. The suggested fuzzy logic-based MIP supports the minimization of the variability and increases the quality of inspection programs.

The paper provides a comprehensive review of research contributions and industrial development efforts. These will be useful to the life cycle stakeholders in both academia and industry in understanding the inspection planning problem and solution space within the O&G asset I&M context.

The purpose of this paper is to propose a quantitative model for risk-based maintenance and remaining life assessment for gas turbines.

The proposed model uses historical failure and repair data from the operation of gas turbines. The time to failure of gas turbines is modeled using Weibull distribution.

The total risk is estimated considering replacement cost, repair cost, operation cost, risk of failure and turbine remaining value after a specified period of time.

The model is an effective tool to make optimal decisions regarding maintenance strategy (repair or replacement) and to assess the remaining life based on a comparison of the total risk. The literature review focusses on developing different models to make risk-based decisions regarding the selection of a maintenance strategy and maintenance interval, however, literature is silent regarding risk-based assessment of the equipment remaining life, which is the focus of present work. The model is tested and applied to ageing gas turbines in a cross-country pipeline.

Railway transport maintenance plays an important role in delivering safe, reliable and competitive transport services. An appropriate maintenance strategy not only reduces the assets’ lifecycle cost, but also will ensure high standards of safety and comfort for rail passengers and workers. In recent years, the majority of studies have been focused on the application of risk-based tools and techniques to maintenance decision making of railway infrastructure assets (such as tracks, bridges, etc.). The purpose of this paper is to present a risk-based modeling approach for the inspection and maintenance optimization of railway rolling stock components.

All the “potential failure modes and root causes” related to rolling stock systems are identified from an extensive literature review followed by an expert’s panel assessment. The failure causes are categorized into six groups of electrical faults, structural damages, functional failures, degradation, human errors and natural (external) hazards. Stochastic models are then proposed to estimate the likelihood (probability) of occurrence of a failure in the rolling stock system. The consequences of failures are also modeled by an “inflated cost function” that involves safety-related costs, corrective maintenance and renewal (M&R) costs, the penalty charges due to train delays or service interruptions as well as the costs associated with loss of reputation (or loss of fares) in the case of trip cancellation. Lastly, a time-varying risk-cost function is formulated to determine the optimal frequency of preventive inspection and maintenance actions for rolling stock components.

For the purpose of clearly illustrating the proposed risk-based inspection and maintenance modeling methodology, a case study of the Class 380 train’s pantograph system from a Scottish train operating company is provided. The results indicate that the proposed model has a substantial potential to reduce the M&R costs while ensuring a higher level of safety and service quality compared to the currently used inspection methodologies.

The railway rolling stocks should be regularly inspected and maintained so as to ensure network availability and reliability, passenger safety and comfort, and operations efficiency. Despite the best efforts of the maintenance staff, it is reported that a considerable amount of maintenance resources (e.g. budget, time, manpower) is wasted due to insufficiency or inefficiency of current periodic M&R interventions. The model presented in this paper helps the maintenance engineers to assess the current maintenance practices and propose or initiate improvement actions when needed.

There are few studies investigating the application of risk-based tools and techniques to inspection and maintenance decision making of railway rolling stock components. This paper presents a modeling approach aimed at planning the preventive repair and maintenance interventions for rolling stock components based on risk measures. The author’s model is also capable of incorporating real measurement information gathered at each inspection epoch to update future inspection plans.

Purpose – The purpose of this paper is to describe how a risk‐based dependability approach can be used to link maintenance performance measurement and management to overall objectives within an organization. Design/methodology/approach – The applied study approach is a case study at Trafikverket (the Swedish Transport Administration). Qualitative data were collected through interviews, workshops and document studies, while quantitative data was collected through data bases. As a framework for analysis, international standards within the risk and dependability areas were applied. Finally, the conclusions of the study were verified by key informants. Findings – Through the proposed risk‐based dependability approach, critical availability goals are communicated with and involve top management. The approach also contributes to enhanced data and information quality by pinpointing critical data and information for dependability management activities. The proposed availability indicator can be used to monitor the effect of dependability management activities aimed at different indenture levels of the infrastructure and related to the responsibility of different hierarchical levels of the organization, e.g. different maintenance echelons. Practical implications – The proposed approach strengthens the internal control of an organization by supporting the achievement of: objectives that are aligned with and support the mission; operations with an effective and efficient use of resources; reliable operational and financial reporting; compliance with applicable laws and regulations. Originality/value – By integrating risk management in the work with availability goals included in the balanced scorecard, a more holistic and risk‐based dependability management practice is achieved.