Online Access Free API-580 Exam Questions

Clearly documenting the key assumptions made during an RBI assessment will:

• A.identify the level of residual risk.
• B.allow recreation at a later date.
• C.demonstrate the precision of the assessment.
• D.quantify the level of acceptable risk.

When equipment has deteriorated to such an extent that the risk of failure cannot be managed and held to an acceptable level, often the only way to mitigate risk is to:

• A.shorten the inspection interval.
• B.rerate the equipment.
• C.repair/replace the equipment.
• D.perform a fitness-for-service analysis.

RBI analysis requires a team approach primarily because:

• A.one person typically does not have the background or skills to perform the entire analysis.
• B.different levels of experience are essential to the process.
• C.maintenance and engineering must be involved in addition to inspection.
• D.risk may be assessed differently for each equipment item.

Inspection alone cannot adequately manage risk for equipment:

• A.with high probability of failure.
• B.that has cracking mechanisms.
• C.that is nearing end of service life.
• D.frequency dominated risk.

One of the key elements of an inspection plan is:

• A.probability of failure.
• B.examination methods to be used.
• C.repairs necessary to reduce risk.
• D.consequence of failure.