This paper addresses the framework for risk-based inspection planning (RBI). Following the motivation for risk-based inspection planning, the RBI problem is summarised and the individual aspects of RBI are highlighted. The paper addresses the theoretical framework for risk-based inspection planning, consequence assessment, modelling of uncertainties, assessment of probabilities, modelling of inspections, modelling of engineering systems in terms of logical systems, modelling of deterioration processes and finally acceptance criteria for RBI.
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Michael Havbro Faber (2002) studied this question.