Terminal Management Systems

Expert-defined terms from the Advanced Certificate in Tank Storage and Terminal Operations in Oil and Gas (Oman) course at London School of International Business. Free to read, free to share, paired with a professional course.

Terminal Management Systems

Risk #

Based Inspection (RBI) – Related terms: inspection planning, probabilistic assessment. An approach that prioritises inspection activities based on the probability and consequence of failure. Example: A terminal uses RBI to schedule ultrasonic inspections on high‑stress tank shells more frequently than low‑risk ancillary piping. The TMS contains RBI matrices, generating inspection work orders aligned with risk scores. Challenges include acquiring accurate failure data, updating risk models as operating conditions change, and balancing inspection cost against risk reduction.

June 2026 intake · open enrolment
from £90 GBP
Enrol