Open AccessProbability and Consequence
Author(s) -
Sharp Daniel,
Peters Daniel,
Mauney David,
Tanner Mark
Publication year - 2009
Publication title -
mechanical engineering
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.117
H-Index - 17
eISSN - 1943-5649
pISSN - 0025-6501
DOI - 10.1115/1.2009-mar-4
Subject(s) - listing (finance) , table (database) , risk analysis (engineering) , engineering , capital (architecture) , computer science , reliability engineering , forensic engineering , operations research , business , finance , data mining , history , archaeology
This article reviews features of a new American Society of Mechanical Engineers (ASME) standard named PCC-3-2007 Inspection Planning Using Risk-Based Methods, which aims to make method of inspection available to a wider group of industries. Petroleum and power businesses enhance efficiency by weighing their risks and keeping watch. PCC-3 provides guidance by listing the many parameters that influence the damage mechanisms as well as many parameters that can influence the rate of damage. The standard provides a table with listings of possible damage mechanisms along with their definitions, common attributes, and references. PCC-3 provides planning details to develop consequence scenarios with different associated probabilities. The framers of ASME’s standard believe that proper applications of the new PCC-3 can lead to major cost savings and allow for application of technically based engineering judgments on expenditures for large capital, inspection, and safety improvements for most industries.
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