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API API-580 - API 580 - Risk Based Inspection

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Total 90 questions

An iso-risk line on a risk plot is a line:

A.

of constant risk.

B.

of same-risk consequence.

C.

showing direction of increasing risk.

D.

of same-risk probability.

How important is data quality in RBI assessment?

A.

Equally important for all types

B.

Most important for quantities

C.

Most important for qualitative RBI

D.

Not as important in qualitative RBI

"Risk" is defined as the combination of the:

A.

probability of consequences from a failure event.

B.

probability of an event and its consequences.

C.

failure, loss of containment, and probability of ignition and/or injury.

D.

probability of failure from identified deterioration mechanisms and subsequent event.

Which of the following statements is accurate regarding data quality relative to the type of RBI assessment selected?

A.

Data validation is most important when quantitative RBI is being applied.

B.

Data quality is equally important no matter what type of assessment is selected.

C.

Data quality is more important for semi-quantitative assessments vs. qualitative assessments.

D.

Data accuracy in qualitative RBI is not as important because risks are relative, not absolute.

In preparing for a future inspection, which of the following assessments can be used to determine what flaws would require repair or replacement?

A.

RBI

B.

FFS

C.

POF

D.

COF

Risk assessment is defined as the:

A.

process to find, list, and characterize elements of risk.

B.

systematic use of information to estimate risk and conduct risk evaluation.

C.

coordinated activities to direct and control risk in an organization.

D.

process used to assign values to the probability and consequence of risk.

Why is it important to identify the risk drivers in the RBI process?

A.

To enable development of effective risk mitigation strategies

B.

To ensure that the most effective inspection plans are implemented

C.

To avoid having any loss of containment that might have catastrophic results

D.

To ensure that the right resources are applied for reducing consequences of risk

Who shall be responsible for assessing the types of damage mechanisms and their applicability and severity to the equipment?

A.

The risk analyst leading the team

B.

The RBI assessment team

C.

A corrosion specialist

D.

The inspector or inspection specialist

The resources and time required to implement an RBI assessment will vary widely between organizations depending on a number of factors including:

A.

degree of precision required.

B.

amount of mitigation activities generated.

C.

duration of the turnaround for risk-based inspections to be completed.

D.

whether the risk driver is a consequence of failure or probability of failure.

Risk reduction is typically accomplished using:

A.

mitigation activities

B.

changing fluid characteristics

C.

process control

D.

results of inspection activities

E.

equipment history review