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RBI Risk Management Exercise F2

The document appears to be a series of questions from an exercise test on risk-based inspection (RBI). It contains 10 multiple choice questions testing terminology and concepts related to RBI. The questions cover topics like failure modes, probability, risk estimation, mitigation strategies, and how RBI can be used to optimize inspection costs and reduce life cycle costs. The summary provides the essential information that the document involves an RBI exam with 10 multiple choice questions testing key concepts and terms.

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muhammadazhar
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0% found this document useful (0 votes)
88 views9 pages

RBI Risk Management Exercise F2

The document appears to be a series of questions from an exercise test on risk-based inspection (RBI). It contains 10 multiple choice questions testing terminology and concepts related to RBI. The questions cover topics like failure modes, probability, risk estimation, mitigation strategies, and how RBI can be used to optimize inspection costs and reduce life cycle costs. The summary provides the essential information that the document involves an RBI exam with 10 multiple choice questions testing key concepts and terms.

Uploaded by

muhammadazhar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Exercise F2 - Part 1

Fill in the missing words in the

exercises below
Grading method: Highest grade

Question 1
Not yet answered
Marked out of 1

Question text
1

1. Utilization of RBI provides a vehicle for continuously improving the inspection of facilities and
systematically reducing the risk associated with pressure Answer failures

Question 2
1

2. A failure mode is the Answer of failure

Question 3
1

3. The mathematical definition of probability is a real number in the scale 0 to 1 attached


to a Answer event

Question 4
1

4. Risk estimation may consider cost, benefits, stakeholder concerns, and other
variables, as appropriate for risk Answer

1
Question 5
Not yet answered
Marked out of 1

Question text
1

5. One of the most important aspects of managing risk through RBI is the development
and use of Answer strategies

Question 6
6. The level of risk is usually a function of Answer

Question 7
1

7. Plant management is responsible for providing the resources and Answer

system to implement the risk mitigation decisions

Question 8
8. Changes in process conditions and hardware, such as equipment modifications or
replacement, frequently can significantly alter the risks, and dictate the need for a Answer

Question 9
9. Particular attention to monitoring IOWs should be provided during start-ups,
shutdowns and Answer process upsets

Question 10

2
10. Not only can RBI be used to optimize inspection costs that directly affect life-cycle
costs, it can assist in lowering overall life cycle costs through various Answer

assessments

Exercise F2 - Part 1

Completed on Tuesday, 22 April 2014, 7:39 AM

Time taken 25 mins 29 secs

Grade 4 out of a maximum of 10 (40%)

Question 1
3

1. Utilization of RBI provides a vehicle for continuously improving the inspection of


facilities and systematically reducing the risk associated with pressure Answer
equipment

Incorrect
The correct answer is: Boundary
Mark 0 out of 1 failures

Feedback

Correct Answer: Boundry (1.3)

Question 2
2. A failure mode is the Answer
manner

Correct
The correct answer is: Manner
Mark 1 out of 1 of failure

Feedback

3
Correct Answer: Manner (4.1.19)

Question 3
3. The mathematical definition of probability is a real number in the scale 0 to 1 attached
to a Answer
random

Correct
The correct answer is: Random
Mark 1 out of 1 event

Feedback

Correct Answer: Random (4.1.28)

Question 4
4. Risk estimation may consider cost, benefits, stakeholder concerns, and other
variables, as appropriate for risk Answer
evaluation

Correct
The correct answer is: Evaluation
Mark 1 out of 1

Feedback

Correct Answer: Evaluation (4.1.44)

Question 5
5. One of the most important aspects of managing risk through RBI is the development
and use of Answer
inspection

Incorrect
The correct answer is: Mitigation
Mark 0 out of 1 strategies

Feedback

Correct Answer: Mitigation (17.8)

4
Question 6
6. The level of risk is usually a function of Answer
probability and consequence

Incorrect
The correct answer is: Time
Mark 0 out of 1
Correct Answer: Time (17.4)

Question 7
7. Plant management is responsible for providing the resources and Answer
follow-up

Correct
The correct answer is: Follow-up
Mark 1 out of 1 system to implement the risk mitigation decisions

Feedback

Correct Answer: Follow-up (16.2.7)

Question 8
3

8. Changes in process conditions and hardware, such as equipment modifications or


replacement, frequently can significantly alter the risks, and dictate the need for a Answer
reassessment

Incorrect
The correct answer is: (RBI) Reassessment
Mark 0 out of 1
Correct Answer: (RBI) Reassessment (15.2.3)

Question 9
3

9. Particular attention to monitoring IOWs should be provided during start-ups,


shutdowns and Answer
abnormal

5
Incorrect
The correct answer is: Significant
Mark 0 out of 1
process upsets

Feedback

Correct Answer: Significant (14.8)

Question 10
3

10. Not only can RBI be used to optimize inspection costs that directly affect life-cycle
costs, it can assist in lowering overall life cycle costs through various Answer
risk

Incorrect
The correct answer is: Cost benefit
Mark 0 out of 1 assessments

Feedback

Correct Answer: Cost benefit (13.7)

Exercise F2 - Part 1
Summary of your previous
attempts
Attempt State Grade / 10 Review

1 FinishedSubmitted Tuesday, 22 April 2014, 7:39 AM 4 Review

Highest grade: 4 / 10.

Completed on Tuesday, 22 April 2014, 7:55 AM

Time taken 5 mins 40 secs

Grade 8 out of a maximum of 10 (80%)

6
Question 1
3

1. Utilization of RBI provides a vehicle for continuously improving the inspection of


facilities and systematically reducing the risk associated with pressure Answer
boundry

Incorrect
The correct answer is: Boundary
Mark 0 out of 1 failures

Correct Answer: Boundry (1.3)

Question 2
3

2. A failure mode is the Answer


manner

Correct
The correct answer is: Manner
Mark 1 out of 1 of failure

Correct Answer: Manner (4.1.19)

Question 3
3. The mathematical definition of probability is a real number in the scale 0 to 1 attached
to a Answer
random

Correct
The correct answer is: Random
Mark 1 out of 1 event
Correct Answer: Random (4.1.28)

Question 4
4. Risk estimation may consider cost, benefits, stakeholder concerns, and
3

other variables, as appropriate for risk Answer


evaluation

7
Correct
The correct answer is: Evaluation
Mark 1 out of 1
Correct Answer: Evaluation (4.1.44)

Question 5
5. One of the most important aspects of managing risk through RBI is the
3

development and use of Answer


mitigation

Correct
The correct answer is: Mitigation
Mark 1 out of 1 strategies
Correct Answer: Mitigation (17.8)

Question 6
6. The level of risk is usually a function of Answer
time

Correct
The correct answer is: Time
Mark 1 out of 1
Correct Answer: Time (17.4)

Question 7
7. Plant management is responsible for providing the resources and Answer
follow-up

Correct
The correct answer is: Follow-up
Mark 1 out of 1
system to implement the risk mitigation decisions
Correct Answer: Follow-up (16.2.7)

Question 8
8. Changes in process conditions and hardware, such as equipment modifications or
replacement, frequently can significantly alter the risks, and dictate the need for a Answer
reassessment

8
Incorrect
The correct answer is: (RBI) Reassessment
Mark 0 out of 1
Correct Answer: (RBI) Reassessment (15.2.3)

Question 9
9. Particular attention to monitoring IOWs should be provided during start-ups,
shutdowns and Answer
significant

Correct
The correct answer is: Significant
Mark 1 out of 1 process upsets
Correct Answer: Significant (14.8)

Question 10
10. Not only can RBI be used to optimize inspection costs that directly affect life-cycle
costs, it can assist in lowering overall life cycle costs through various Answer
cost benefit

Correct
The correct answer is: Cost benefit
Mark 1 out of 1 assessments
Correct Answer: Cost benefit (13.7)

Exercise F2 - Part 1
Summary of your previous
attempts
Attempt State Grade / 10 Review

1 FinishedSubmitted Tuesday, 22 April 2014, 7:39 AM 4 Review

2 FinishedSubmitted Tuesday, 22 April 2014, 7:55 AM 8 Review

Highest grade: 8 / 10.

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