Condition, Risk and Performance
Why equipment condition is only one input to an integrity decision.
What this topic covers
Why equipment condition is only one input to an integrity decision.
Core ideas
Condition describes what is physically observed or inferred about the asset.
Risk combines the likelihood and consequence of unwanted outcomes under a defined context.
Performance includes whether the asset delivers required capacity, efficiency, quality or reliability.
Program tradeoffs
A mature program does not inspect everything equally; it identifies credible degradation and prioritizes the assets where loss of function matters most.
What good evidence looks like
Data quality, asset identity and decision ownership are as important as the sensor or inspection method.
Lifecycle perspective
Lifecycle thinking links design, operation, maintenance, renewal and retirement rather than treating integrity as a late-life activity.