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The work product of the RBI assessment and management approach are plans that address ways to manage risks. This is called: A. An Equipment Plan B. A Sensitivity Analysis C. A Risk Management Plan D. A total Risk Assessment A RBI is a substitute for: A. Process Hazards Analysis (PHA) B. ...

The work product of the RBI assessment and management approach are plans that address ways to manage risks. This is called: A. An Equipment Plan B. A Sensitivity Analysis C. A Risk Management Plan D. A total Risk Assessment A RBI is a substitute for: A. Process Hazards Analysis (PHA) B. ...

engineering judgment The basis for a qualitative probability of failure analysis is: damage mechanisms and inspection effectiveness Regardless of whether a more qualitative or a quantitative analysis is used, the POF is determined by two main considerations: materials of construction Co...

API 580 EXAM QUESTIONS AND ANSWERS

Any individual, group or organization that may affect, be affected by, or perceive itself to be affected by the risk. A. Risk Communication B. Owner C. Risk Evaluator D. Stakeholder D. Stakeholder RBI will not compensate for: A. Inaccurate or missing information B. Corrosion mechanisms ...

API 580 EXAM QUESTIONS AND ANSWERS

1) A physical condition or a release of a hazardous material that could result from component failure and result in human injury or death, loss or damage, or environ- mental degradation. A. Hazard B. Loss C. Failure - Answer- A 2) Limitation of any negative consequence or reduction in probabil...

absolute risk - Answer- An ideal and accurate description and quantification of risk. acceptable risk - Answer- A level of risk that is acceptable to the owner-user. ALARP - as low as reasonably practical - Answer- A concept of minimization that postulates that attributes (such as risk) can on...

A physical condition or release of hazardous material that could result from component failure and result in human injury or death, loss or damage, or environmental degradation. (a) Hazard (b) Loss (c) failure - Answer- (a) Hazard Limitation of any negative consequence or reduction in probabil...

API 580 EXAM QUESTIONS AND ANSWERS