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API-580 – Risk Based Inspection

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Showing 7–9 of 10 questions

Question 7

Potential hazards identified in a pha will often affect the

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    Probability of failure side of the risk equation.
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    Consequence of failure side of the equation
Question 8

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

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    Risk reduction
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    Risk evaluation
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    Risk mitigation
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    Risk control
Question 9

The consequences of environmental damage are best understood by

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    Cost
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    Release
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    Volume of fluid
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    Toxic concentration