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API Risk Based Inspection Professional Sample Questions (Q40-Q45):
NEW QUESTION # 40
What is one goal of a risk matrix or risk plot?
Answer: D
Explanation:
API 580 clearly outlines the purpose of a risk matrix or plot in Section 11.6.1:
"One goal of the risk analysis is to communicate the results in a common format that a variety of people can understand. Using a risk matrix or plot is helpful in accomplishing this goal." Thus, the risk matrix serves as a visual and communicative tool for presenting risk levels in a form accessible to both technical and non-technical stakeholders. Other options, while conceptually related, are either misinterpretations or overly specific.
Reference: API 580, 2nd Edition (2016), Section 11.6.1
NEW QUESTION # 41
Probability side of the risk equation is normally managed by
Answer: D
NEW QUESTION # 42
Following will cover the functional failures except