API 580 Questions and
Complete Solutions Graded A+
Excessive inspections can have what effect on risk level: - Answer: May cause the risk level to increase
RBI is focused on a systematic determination of What type risk? - Answer: Relative Risk
RBI is a substitute for? - Answer: HAZOP Study
PHA
MI Programs
None
Answer: None
Risk Criteria is? - Answer: Terms of reference by which the significance of risk is assessed
Can include
associated costs and benefits, socio-economic and environmental aspects, legal and statutory reqs
Implementation of RBI plans will? - Answer: Provide an overall reduction in risk for the facility and/or
equipment
Provide an acceptance/understanding of the current risk
Identify equipment that does not require inspection or some other form of mitigation because of
acceptable level of risk
The ultimate goal of inspection is? - Answer: the safety and reliability of operating facilities
An equipment plan is? - Answer: The work product of the RBI assessment approach that address ways to
manage risk.
, Absolute Risk is? - Answer: An ideal and accurate description and quantification of risk
A Hazard is? - Answer: A physical condition or a release of a hazardous material that could result from
component failure and result in human
injury or death, loss or damage, or environmental degradation. Hazard is the source of harm.
Probability x Consequence - Answer: Risk
Failure is? - Answer: Termination of the ability of a system, structure, equipment or component to
perform its required function of containment of fluid. ie loss of containment
What is the industry scope of API RP 580? - Answer: Hydrocarbon and chemical process industry
API RP 580 is intend to ? - Answer: Identify and clarify the essential elements of an RBI analysis and
program
API RP 580's primary audience is? - Answer: Inspection and engineering personnel who are responsible
for the mechanical integrity and operability of equipment covered by this RP
Risk management plans should be adjusted when? - Answer: As new data becomes available or when
changes occur
BLEVE - Answer: Boiling liquid expanding vapor explosion
RBI requires the involvement of various segments of the organization such as - Answer: engineering,
maintenance and operations
Loss of containment is generally evaluated as? - Answer: Loss of fluid to the external environment
RBI addresses an area of risk management not completely addresses in other risk management efforts
such as? - Answer: Process Hazards Analyses (PHA)
Complete Solutions Graded A+
Excessive inspections can have what effect on risk level: - Answer: May cause the risk level to increase
RBI is focused on a systematic determination of What type risk? - Answer: Relative Risk
RBI is a substitute for? - Answer: HAZOP Study
PHA
MI Programs
None
Answer: None
Risk Criteria is? - Answer: Terms of reference by which the significance of risk is assessed
Can include
associated costs and benefits, socio-economic and environmental aspects, legal and statutory reqs
Implementation of RBI plans will? - Answer: Provide an overall reduction in risk for the facility and/or
equipment
Provide an acceptance/understanding of the current risk
Identify equipment that does not require inspection or some other form of mitigation because of
acceptable level of risk
The ultimate goal of inspection is? - Answer: the safety and reliability of operating facilities
An equipment plan is? - Answer: The work product of the RBI assessment approach that address ways to
manage risk.
, Absolute Risk is? - Answer: An ideal and accurate description and quantification of risk
A Hazard is? - Answer: A physical condition or a release of a hazardous material that could result from
component failure and result in human
injury or death, loss or damage, or environmental degradation. Hazard is the source of harm.
Probability x Consequence - Answer: Risk
Failure is? - Answer: Termination of the ability of a system, structure, equipment or component to
perform its required function of containment of fluid. ie loss of containment
What is the industry scope of API RP 580? - Answer: Hydrocarbon and chemical process industry
API RP 580 is intend to ? - Answer: Identify and clarify the essential elements of an RBI analysis and
program
API RP 580's primary audience is? - Answer: Inspection and engineering personnel who are responsible
for the mechanical integrity and operability of equipment covered by this RP
Risk management plans should be adjusted when? - Answer: As new data becomes available or when
changes occur
BLEVE - Answer: Boiling liquid expanding vapor explosion
RBI requires the involvement of various segments of the organization such as - Answer: engineering,
maintenance and operations
Loss of containment is generally evaluated as? - Answer: Loss of fluid to the external environment
RBI addresses an area of risk management not completely addresses in other risk management efforts
such as? - Answer: Process Hazards Analyses (PHA)
