In quantitative POF analysis, when failure data for each piece of equipment is unavailable, general industry failure data can be used by what means?
The POF analysis shall address what type of damage mechanisms to which the equipment being reviewed can be susceptible?
Before decisions are made based on risk analysis results, what should be done first?
The governing inspection codes (such as API 510 and API 570) and jurisdictional regulations, if any, shall be reviewed to determine what?
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:
Which of the following has the most direct relation to the relative accuracy of the RBI analysis?
The resources and time required to implement an RBI assessment will vary widely between organizations depending on a number of factors including:
Which of the following statements is correct with regard to the potential reduction of inspection cost by using RBI?
One of the steps in estimating the consequences of releasing a hazardous material includes:
In the determination of risk, what values are often used when COF and/or POF data are not available?
Depending on factors such as the remaining life of the equipment and the type of damage mechanism, risk management through inspection:
At the conclusion of the initial planning portion for the development of the RBI program, which of the following important issues should have been completed?
Which of the following is a step in estimating the consequences of releasing a hazardous material into the surrounding environment?