API 580 PRACTICE EXAM - 66 Questions and Answers

API 580 PRACTICE EXAM Which of the following statements is correct with regard to equipment items with risks deemed acceptable by RBI analysis? A Inspection interval should be tightened B Inspection effectiveness should be adjusted C Equipment should be removed from inspection programs D No further mitigation is necessary Which of the following statements is correct with regard to the results of quantitative analysis? A They normally provide an initial screening with which to rank units for attention. B They are usually numeric and should be comparable C They must be included in the documentation of any RBI evaluation D They are more accurate that the results of a qualitative analysis. In RBI, residual factors for loss of containment include all of the following except: A Human Error B Unknown mechanisms of deterioration C Inspection efforts D Secondary effects from nearby units. Compared to quantitative analysis, qualitative analysis using broad ranges generally requires: A a lower level of judgement, skill, and understanding. B Greater accuracy in data input to compensate for lower precision of the models C Higher level of judgment, skill, and understanding D Better training in understanding the impact of data quality In RBI investigation, consequence analysis is intended to provide a measure of the: A Mitigations necessary to reduce risk. B Overall risk of a potential failure C Maximum liability for a failure D Significance of a potential failure. Risk reduction is: A Synonymous with risk management B Synonymous with inspection optimization