The relation between material properties and risk of various structures is discussed. The risk is defined by the product of [Likelihood of failure] and [Consequence of failure]. The likelihood of failure which strongly depends on the material properties is discussed for design⁄fabrication and operation⁄maintenance processes respectively.
In the process of design⁄fabrication the risk is mainly avoided by design margin. The design margin for pressure vessel is involved in allowable stress for material. In the case of ASME boiler & Pressure Vessel Code the allowable stress is fixed as the value of minimum tensile strength divided by 3. 5 (design margin) . The value of design margin is set to avoid ductile, brittle and fatigue fractures.
In the operation⁄maintenance process, the structures designed with enough margin can be failed by time dependent fracture mechanisms, fatigue, creep, corrosion, erosion and metallurgical degradation. The time dependent fracture must be controlled by residual life evaluation and inspection (monitoring) .
RBI (Risk Based Inspection) and FFS (Fitness For Service) are going to be applied as new maintenance methods. The application of these methods can be promoted by the establishment of material property data, life evaluation and inspection techniques.
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