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hello and welcome to todays risk-based inspection presentation on defining the master asset list my name is paul sheriff im a chartered engineer and a fellow of the institution of mechanical engineers ive been working on commerce sites in the uk for over 25 years im api 580 certified and ive been implementing risk-based inspection since 2012. i hope that youre enjoying watching our series of videos on risk-based inspection in this presentation i will cover how to define the master asset list before you decide to implement risk post inspection its worth stating that not all countries recognize risk-based inspection yet for instance rbi is not recognized in brazil yet instead a local prescriptive regulation known as nr13 sets out the minimum inspection intervals etc that apply in some parts of europe rbi can only be used if you can justify and document your decision making process to the regulator in other parts of the world rbi can be applied but there are limits on the time betw
