API 580 Exam Questions and Answers 100% Solved | Rated A+
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Course
API 580
Institution
API 580
API 580 Exam Questions and Answers
100% Solved | Rated A+
The work product of the RBI assessment and management approach are
plans that address ways to manage risks. This is called:
A. An Equipment Plan
B. A Sensitivity Analysis
C. A Risk Management Plan
D. A total Risk Assessment - A
RBI i...
D. To determine which inspection technique is most economical - ✔✔B
Risk can be calculated, mathematically, using which of the following
formula?
A. Risk= Certainty x Consequence
B. Risk= Probability+ Consequence
C. Risk = Certainty + Consequence
D. Risk= Probability x Consequence - ✔✔D
Excessive inspection may have what effect?
A. Will greatly reduce the risk level
B. May cause the risk level to increase
C. Will cause the specific equipment to last twice as long
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