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API Risk Based Inspection Professional Sample Questions (Q76-Q81):

NEW QUESTION # 76
"Risk" is defined as the combination of the:

A. probability of an event and its consequences.
B. failure, loss of containment, and probability of ignition and/or injury.
C. probability of consequences from a failure event.
D. probability of failure from identified deterioration mechanisms and subsequent event.

Answer: A

Explanation:
API 580 provides the following standard definition under Section 3.1.62:
"Risk: The combination of the probability of an event and its consequence." This is the classic risk formula used throughout the RBI methodology: Risk = PoF × CoF. The other options overcomplicate or misrepresent this core principle.
Reference: API 580, 2nd Edition (2016), Section 3.1.62

NEW QUESTION # 77
Who can provide useful input (such as the spectrum of process conditions, injection points etc.)To aid materials specialists in the identification of deterioration mechanisms and rates

A. Inspection engineers
B. Process specialists
C. Plant operation specialists
D. Asset integrity experts

Answer: B

NEW QUESTION # 78
Is key to performing deterioration mechanism identification

A. Understanding equipment operation and the interaction withthe chemical and mechanical environment
B. Understanding equipment operation and process upsets
C. Understanding equipmentoperation and its safetyprotective measures

Answer: A

NEW QUESTION # 79
Who can provide useful input (such as the spectrum of process conditions, injection points etc.) To aid
materials specialists in the identification of deterioration mechanisms and rates

A. Inspection engineers
B. Process specialists
C. Plant operation specialists
D. Asset integrity experts

Answer: B

Explanation:
Explanation

NEW QUESTION # 80
Methods that use engineering judgment and experience as the bases for the analysis of probabilities and consequences of failure

A. Qualitative risk analysis
B. Quantitative risk analysis
C. Process hazard analysis

Answer: B

NEW QUESTION # 81
......

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