API 580 EXAM 2022 - 130 Questions and Answers

API 580 EXAM The basis for a qualitative probability of failure analysis is: engineering judgment Regardless of whether a more qualitative or a quantitative analysis is used, the POF is determined by two main considerations: damage mechanisms and inspection effectiveness Combinations of process conditions and _____________________ for each equipment item should be evaluated to identify active and credible damage mechanisms: materials of construction Exchange or sharing of information about risk between the decision maker and other stakeholders. The information may relate to the existence, nature, form, probability, severity, acceptability, mitigation, or other aspects of risk. Risk criteria It is important to link the damage mechanism to the most likely resulting__________ failure mode In general, an RBI program will be managed by plant inspectors or inspection engineers, who will normally manage risk by managing the POF with inspection and maintenance planning. They will not normally have much ability to modify the ____________________: COF The consequence of loss of containment is generally evaluated as loss of fluid to the____________________: external environment A quantitative method involves using a _____________depicting combinations of events to represent the effects of failure on people, property, the business and the environment : logic model Results of a quantitative analysis are usually __________________: Accuracy It is important to stress that the ____________ of the data should match the complexity of the RBI method used :