API-580 Risk Based Inspection Exam Practice Test

Produces inspection and maintenance plans for equipment that should be implemented to provide...............and................

The primary product of a rbi effort should be

Is a risk management activity that may lead to risk reduction?

The probability of failure, when coupled with the associated consequence of failure (cof) (see section 11) will determine __________associated with the equipment item,

The suitability and current condition of the equipment within the current operating envelope will determine the______________ of the equipment from one or more deterioration mechanisms.

______________refers to a prescriptive methodology that has resulted from the application of risk analysis techniques at many different types of facilities-

If the probability and consequence combination (risk) is high enough to be unacceptable, then