Abstract
Risk-Based Maintenance (RBM) methodology enables the assessment of the likelihood and potential consequences of equipment failure. The RBM approach had been developed by API for petrochemical and petroleum refinery industries. On 2010 and 2011, Japanese standards for RBM, HPIS Z106 and Z107TR have been published by High Pressure Institute of Japan (HPI). Since RBM analysis according to HPIS Z106 and Z107TR requires the vast amount of data to be input, the use of software has a key role to assess the risk. Therefore, the RBM software has been developed which is consistent with the HPIS Z106 and Z107TR standard. This is a comprehensive inspection optimization software tool for the maintenance and operation of refinery and petrochemical plants.