API 580 - Risk Based Inspection Questions and Answers
Detailed information and data are needed for quantitative RBI in order to:
A most common indicator in consequence analysis is:
Which of the following are essential elements of an RBI program? (Select all that apply)
RBI as a risk-based approach focuses attention specifically on:
Which of the following has the most direct relation to the relative accuracy of the RBI analysis?
Risk reduction is typically accomplished using:
With regard to initial assumptions in an RBI analysis, which of the following statements is correct?
When collecting data and information, which of the following describes the role of RBI data precision?
A likely trigger for an RBI reassessment would be after:
In RBI analysis, it is important to link the damage mechanism to the most likely resulting:
On a risk plot or matrix, risk thresholds generally divide:
Inspection results can be used for comparison or validation of models that may have been used for:
Which of the following codes provide requirements and limitations for implementing RBI programs? (Select all that apply)
The fact that some jurisdictions may have some prescriptive time-based rules on inspection intervals does not preclude the user from gaining significant benefits from the application of RBI, as long as:
Which of the following statements is correct with regard to the potential reduction of inspection cost by using RBI?
In terms of mitigating risk, which of the following is an example of an integrity operating window process parameter?
The resources and time required to implement an RBI assessment will vary widely between organizations depending on a number of factors including:
When equipment has deteriorated to such an extent that the risk of failure cannot be managed and held to an acceptable level, often the only way to mitigate risk is to:
Risk acceptance is normally determined on the basis of criteria defined:
An RBI assessment of new equipment or a new project may:
Conducting more internal inspection than is called for by RBI:
Once a credible damage mechanism(s) has been identified, the associated failure mode should also be identified. An example of a failure mode is:
One of the key elements of an inspection plan is:
Which of the following is a step in estimating the consequences of releasing a hazardous material into the surrounding environment?
One of the steps in estimating the consequences of releasing a hazardous material includes:
What must be developed in order to implement and sustain the RBI program?
Which of the following statements is correct with regard to determining the probability of a specific consequence?