As we have discussed many times, I am a strong advocate of the SIF approach to risk management. Growing up in the PSM arena, we realize that the entire process safety effort is built on the SIF model. However, for those unfamiliar with managing catastrophic risks, SIF can become just another “flavor of the year” safety parade. However, for those seeking a topic to build their SIF efforts, there is one area that presents numerous opportunities: Pressure Vessel Management.
Regardless of its purpose, any vessel designed to operate at pressures exceeding 15.0 psig carries an inherent catastrophic risk. It does not matter if it’s not a PSM/RMP PV; in fact, even “air receivers” pose catastrophic risks.
The vast majority of these failures come from either operating beyond its design capabilities/or a lack of proper inspections/maintenance.