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Asset Integrity Management

Asset integrity management
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Close management of assets is essential to maintain safety, regulatory compliance and productivity, and balancing this imperative against potential cost is a constant challenge.

TWI works with companies to provide risk-based approaches and toolsets to help optimise the asset integrity management process, using our class-leading expertise and decades of experience to advise and implement cost-effective asset integrity management strategies.

We help asset managers to take a through-life-cycle perspective of their assets, and support run-inspect-repair-replace decision making. Our approach to risk-based asset management entails taking a holistic view of the asset as a system, and calculating life cycle costs by analysing long-term trends.

Ecological costs are increasingly required to be considered in weighing different options and in operating plant and machinery in an environmentally efficient way. TWI supports life-cycle assessments in order to help asset managers explicitly consider environmental factors in their decision making.

Our member companies receive support including:

  • Risk analysis considering the likelihood and the consequence of failure
  • System analysis using standard tools such as FMEA, FMECA, FTA and ETA
  • Developing probabilistic models
  • Risk-informed spares inventory planning
  • Optimisation of risk-based inspection

For more information on our asset integrity management services, visit our risk-based inspection, pipeline integrity management and fitness for service pages or email contactus@twi.co.uk.

For more information please email:


contactus@twi.co.uk