API-580 Exam Dumps : API 580 - Risk Based Inspection

After planning is completed, API 580 Section 6.1 states:

“Once this portion of the RBI planning process has been completed the data and information required for collection should be identified.”

This confirms that the next step involves identifying the data needed for analysis, not directly jumping to failure modes or mitigation.

As stated in API 580, Introduction (page xi):

“The RBI plans also identify equipment that does not require inspection or some other form of mitigation because of the acceptable level of risk associated with the equipment’s current operation. In this way, inspection and maintenance activities can be focused and more cost-effective.”

Options B, C, and D introduce concepts not aligned with the API definition. Option A correctly captures the intent and benefit of an RBI-based plan.

According to Section 7.2.3:

“Quantitative RBI uses logic models depicting combinations of events that could result in severe accidents and physical models depicting the progression of accidents… Hence more detailed information and data are needed for a fully quantitative RBI in order to provide input for the models.”

The need for detailed data in quantitative analysis is primarily to enable the use of logic and physical models in assessing risk.