Api 580 study exam - Study guides, Class notes & Summaries

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 only be reduced to a certain minimum under current technology and with reasonable cost. components - Answer- Parts that make up a piece of equipment or equipment item. For example a pressure boundary...

API 580 Final Exam Multiple Choice Questions And Correct Answers 2023/2024, 100% |268 Q&A 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 C. Qualified personnel D. Sound engineering A. Inaccurate or missing information The primary work product of...

API 580 Final Exam Multiple Choice Questions And Correct Answers 2023/2024, 100% |268 Q&A 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 C. Qualified personnel D. Sound engineering A. Inaccurate or missing information The primary work product of...

API 580 (2016) Study Exam - (Referenced) latest updated 2023/2024 Q&A-

API 580 - Exam Prep Questions And Correct Answers, 100% |262 Q&A 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. Hazards and operability Study (HAZOP) C. Mechanical Integrity (MI) Programs D. None of the Above D Which of the following is not tru...

What is the RBI process capable of generating? (Sec. Gen. P. viii)(a) A ranking by relative risk of all equipment evaluated (b) A detailed description of the inspection plan to be employed for each equipment item (c) A description of any other risk mitigation activities, such as repairs, replacements, or safety equipment upgrades, equipment redesign or maintenance, IOWs, and controls on operating conditions (d) The expected risk levels of all equipment after the inspection plan and other r...

What is the RBI process capable of generating? (Sec. Gen. P. viii)(a) A ranking by relative risk of all equipment evaluated (b) A detailed description of the inspection plan to be employed for each equipment item (c) A description of any other risk mitigation activities, such as repairs, replacements, or safety equipment upgrades, equipment redesign or maintenance, IOWs, and controls on operating conditions (d) The expected risk levels of all equipment after the inspection plan and other r...

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 - ANSWER A RBI is a substitute for: A. Process Hazards Analysis (PHA) B. Hazards and operability Study (HAZOP) C. Mechanical Integrity (MI) Programs D. None of the Above - ANSWER D Which of the following is not true concerning implementation of RBI implementation ...

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(a) Hazard Limitation of any negative consequence or reduction in probability of a particular event. (a) mitigation (b) reduction (c) residual(a) mitigation Methods that use engineering judgment and experience as the bases for the analysis of probabilities and consequences of fa...