Risk-Based Work Selection and BCR to optimize OPEX
Risk-based work selection (RBWS) and benefit-cost ratio (BCR) are key methodologies for optimizing operating expenses (OPEX) in asset-intensive industries.
Paul Raithby is a consulting Mechanical Engineer, specialising in Risk Based Asset Integrity programs. Chartered with the IMechE with experience in Mechanical Integrity, Maintenance and Reliability Engineering with roots at shop floor level. Consulting on Risk Based Asset Integrity programs with major clients in the Refining, Petrochemical and Hazardous Chemical industries around the globe.