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Study API-580 Demo - API-580 Latest Test Preparation

Risk Based Inspection Professional has introduced practice test (desktop and web-based) for the students so they can practice anytime in an easy way. The Risk Based Inspection Professional (API-580) practice tests are customizable which means the students can set the time and questions according to their needs. The API-580 Practice Tests have unlimited tries so that the users don't make extra mistakes when giving it the next time. Candidates can access the previously given tries from the history and avoid making mistakes in the final examination.

What is the duration of the API-580 Exam

Number of Questions: 70
Format: Multiple choices, multiple answers
Length of Examination: 3.25 hours

How much API-580 Exam Cost

The price of the API-580 exam is $365 USD.

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API Risk Based Inspection Professional Sample Questions (Q33-Q38):

NEW QUESTION # 33
Given the following event tree, what is the risk of a fire if the probability is 0.00001 per year and the consequence is $50,000,000?

A. $5,000,000/year
B. $500/year
C. $50,000,000/year
D. $5,000/year

Answer: B

Explanation:
In RBI, risk is typically calculated using the basic formula:
Risk = Probability of Failure (PoF) × Consequence of Failure (CoF)
Based on the question:
Probability of Fire = 0.00001 per year
Consequence of Fire = $50,000,000
Applying the formula:
Risk = 0.00001 × $50,000,000
Risk = $500/year
This is the annualized risk estimate associated with the fire event originating from a leak in the crude vacuum tower.
As per API 580, Section 10.2.1:
"A common approach used to express risk is to multiply the probability of failure by the consequence of failure. This simple equation is useful for determining the relative risk ranking among equipment items." And in Section 10.3.1:
"Risk can be expressed in various units such as monetary value per year (e.g., $/year)... This allows for comparison of risk levels in economic terms." Hence, the correct calculated value, $500/year, corresponds to option A.
Reference: API 580, 2nd Edition (2016), Sections 10.2.1 and 10.3.1

NEW QUESTION # 34
________________ is usually not the primary objective of a RBI assessment, but it is frequently a side effect of
optimization.

A. Reducing inspection costs
B. Increasing inspection costs
C. Increasing frequency of inspection programs

Answer: A

NEW QUESTION # 35
Thing or activity with a potential for con- sequence

A. Hazard
B. Source
C. Toxic

Answer: B

NEW QUESTION # 36
Is key to performing deterioration mechanism identification

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

Answer: B

NEW QUESTION # 37
Consequence analysis will aidin preparation of

A. To understand about equipment history
B. To understand the probability of failures
C. Risk ranking of equipment

Answer: C

NEW QUESTION # 38
......

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