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Act of mitigating a known risk to a lower level of risk.


A) Risk reduction
B) Risk mitigation
C) Risk evaluation

D) None of the above
E) All of the above

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When the inspection program is optimized based on an understanding of risk, one or more of the following cost reduction benefits may be realized. Except one


A) Ineffective, unnecessary or inappropriate inspection activities may be eliminated
B) Effective, necessary or appropriate inspection activities may be eliminated
C) On-line or non-invasive inspection methods may be substituted for invasive methods that require equipment shutdown
D) More effective infrequent inspections may be substituted for less effective frequent inspections

E) A) and B)
F) A) and C)

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The consequences of environmental damage are best understood by


A) Cost
B) Release
C) Volume of fluid
D) Toxic concentration

E) A) and B)
F) None of the above

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Sec occurs when equipment is exposed to environments


A) Conducive to certain cracking mechanisms
B) Unfavorable to certain cracking mechanisms
C) Unbeneficial to certain cracking mechanisms

D) A) and C)
E) All of the above

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In general, the probability of failure is determined by


A) Deterioration mechanism
B) Effectiveness of inspection program
C) Consequence detailed
D) A&B

E) C) and D)
F) A) and B)

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Damage mechanisms where deterioration rates are immeasurable or unknown are


A) Stress corrosion cracking
B) Hydrogen induced cracking
C) Thinning
D) All of the above
E) Both A and B

F) B) and E)
G) A) and B)

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FILL BLANK RP 580 significantly targeted at the application of RBI in the ______________ and ___________ industry

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When some risk identified as acceptable then one of the following is not required.


A) Risk reduction
B) Risk evaluation
C) Risk mitigation
D) Risk control

E) None of the above
F) All of the above

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FILL BLANK RBI as an integrated management tool that complements___________

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Combination of the probability of an event and its consequence


A) Risk
B) Failure
C) Loss
D) Reduction

E) C) and D)
F) B) and D)

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When in accurate or insufficient failure data exists on the specific equipment item for quantitate probability of failure analysis then


A) General industry, company or manufacturer failure data used
B) Process hazard analysis failure data may be used
C) Process and toxic concentration analysis may be used

D) A) and B)
E) A) and C)

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Systematic use of information to identify sources and to estimate the risk


A) Risk
B) Risk analysis
C) Hazard analysis

D) B) and C)
E) A) and C)

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__________ is not a substitute for a process hazards analysis (PHA) or HAZOP


A) RBI
B) PHA
C) REM
D) HAZOP

E) A) and B)
F) None of the above

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Risk presented in quantitative risk analysis as a


A) Precise numeric value
B) Form of risk matrix
C) Form of event tree and fault tree

D) None of the above
E) A) and B)

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The ability to state the rate of deterioration precisely is affected by the following except


A) By equipment complexity
B) Type of deterioration mechanism, process and metallurgical variations
C) Inaccessibility for inspection, limitations of inspection and test methods
D) Lack of coverage of an area subject to deterioration
E) None of the above

F) A) and B)
G) C) and D)

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Results from quantitative analysis logic models are validated by


A) Expert judgment
B) Inspection engineer
C) Maintenance engineer
D) Operations personnel

E) A) and B)
F) A) and C)

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Coordinated activities to direct and control an organization with regard to risk.


A) Risk management
B) Risk evaluation
C) Risk control

D) A) and C)
E) A) and B)

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Following are the non-inspection mitigation actions except one


A) Replacement or upgrade
B) Equipment redesign
C) Maintenance of strict controls on operating conditions
D) Risk management by monitoring the deterioration

E) A) and B)
F) All of the above

Correct Answer

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Process used to compare the estimated risk against given risk criteria to determine the significance of the risk.


A) Risk evaluation
B) Risk estimation
C) Risk identification

D) A) and B)
E) A) and C)

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In most consequence evaluations, a key element in deter-mining the magnitude of the consequence is


A) The volume of fluid released
B) Amount of surface area exposed due to toxic release
C) Physical area impacted by release

D) All of the above
E) A) and B)

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