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API-580 Questions and Answers

Question # 6

The RBI process is capable of generating a comparative ranking based on:

A.

relative risk.

B.

absolute risk.

C.

general risk.

D.

specific risk.

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Question # 7

Which aspect of risk assessment is common to all types and levels of RBI?

A.

Logic models

B.

Risk plots

C.

Expert opinion

D.

Calculated risk levels

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Question # 8

In quantitative POF analysis, when failure data for each piece of equipment is unavailable, general industry failure data can be used by what means?

A.

Using engineering judgment to estimate the POF categories

B.

Adjusting the data by qualified persons to make it more equipment specific

C.

Multiplying it by numerical fractions obtained from applicable industry literature

D.

Categorizing the probability of failure as high, medium or low with different orders of magnitude

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Question # 9

The POF analysis shall address what type of damage mechanisms to which the equipment being reviewed can be susceptible?

A.

All corrosion and cracking damage mechanisms

B.

All damage mechanisms in API RP 571

C.

All potential damage mechanisms

D.

All credible damage mechanisms

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Question # 10

Before decisions are made based on risk analysis results, what should be done first?

A.

The risk analysis should be validated

B.

The inspection plan should be completed

C.

A sensitivity analysis should be completed

D.

The inspector shall approve the results

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Question # 11

The governing inspection codes (such as API 510 and API 570) and jurisdictional regulations, if any, shall be reviewed to determine what?

A.

A default maximum time periods for RBI reassessments

B.

When the next turnaround must be scheduled

C.

If the risk of continued operation is acceptable

D.

When equipment that is deteriorating must be replaced

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Question # 12

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.

repair/replace the equipment.

B.

perform a fitness-for-service analysis.

C.

shorten the inspection interval.

D.

rerate the equipment.

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Question # 13

The removal of piping deadlegs is an example of:

A.

modifying the process.

B.

mitigating the probability of failure.

C.

modifying physical design to control inventory.

D.

mitigating the consequence of failure.

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Question # 14

Which of the following has the most direct relation to the relative accuracy of the RBI analysis?

A.

Data precision

B.

Data quality

C.

Data sources

D.

Data validation

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Question # 15

Probability of failure is typically expressed in terms of:

A.

undesirable events

B.

deterioration rate

C.

frequency

D.

time

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Question # 16

The resources and time required to implement an RBI assessment will vary widely between organizations depending on a number of factors including:

A.

degree of precision required.

B.

amount of mitigation activities generated.

C.

duration of the turnaround for risk-based inspections to be completed.

D.

whether the risk driver is a consequence of failure or probability of failure.

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Question # 17

A likely trigger for an RBI reassessment would be after:

A.

API RP 580 Risk-Based Inspection has been updated.

B.

a mitigation strategy has been implemented.

C.

RBI team members have changed.

D.

a sensitivity analysis on the risk determination has been conducted.

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Question # 18

A most common indicator in consequence analysis is:

A.

cost of loss.

B.

environmental damage.

C.

affected area.

D.

number of injuries.

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Question # 19

Which of the following statements is correct with regard to the potential reduction of inspection cost by using RBI?

A.

Equipment integrity is the focus.

B.

RBI will eliminate many internal inspections.

C.

On-stream inspections are as effective as internal inspections.

D.

RBI will probably raise the total cost of inspection for a given unit.

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Question # 20

One of the steps in estimating the consequences of releasing a hazardous material includes:

A.

identifying the most likely failure mode.

B.

estimating total volume of fluid that may escape.

C.

determining the deterioration susceptibility and rate.

D.

identifying active and credible damage mechanisms.

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Question # 21

What is a risk driver?

A.

The primary contributor(s) responsible for a significant share of a risk value.

B.

The primary identifier(s) used to assist in the acceptance or mitigation of found damage.

C.

The primary element(s) to find, list, and characterize probability of failure.

D.

The primary element(s) to find, list, and characterize consequence of failure.

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Question # 22

What is the main function of the RBI team leader?

A.

To integrate all parts of the RBI team and process

B.

To provide sponsorship and resources

C.

To assemble all the data for analyses

D.

To verify the data being used is correct

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Question # 23

In the determination of risk, what values are often used when COF and/or POF data are not available?

A.

Sensitivity analyses

B.

Assumptions or estimates of input

C.

Estimates of total risk by subject matter experts

D.

Similar losses reported by insurance companies or jurisdictions

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Question # 24

Depending on factors such as the remaining life of the equipment and the type of damage mechanism, risk management through inspection:

A.

results in a decrease in inspection frequencies.

B.

is the least cost-effective.

C.

may have little or no effect.

D.

is most effective in reducing risk.

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Question # 25

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?

A.

Designation of needed team members

B.

Identification of the physical boundaries

C.

Collection of the necessary data to be analyzed during the assessment

D.

Request for resources to complete the analysis (not including implementation)

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Question # 26

Risk assessment is defined as the:

A.

process to find, list, and characterize elements of risk.

B.

systematic use of information to estimate risk and conduct risk evaluation.

C.

coordinated activities to direct and control risk in an organization.

D.

process used to assign values to the probability and consequence of risk.

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Question # 27

Which of the following is a step in estimating the consequences of releasing a hazardous material into the surrounding environment?

A.

Estimating the release rate

B.

Identifying the most likely failure mode

C.

Determining the deterioration susceptibility and rate

D.

Identifying active and credible damage mechanisms

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