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

API 580, Section 5.6.4 outlines situations where “inspection may not be sufficient to manage risks,” stating:

“Examples where inspection may not be sufficient… are: a) equipment nearing end of service life.”

In such scenarios, additional mitigation such as equipment replacement or redesign is often necessary to reduce risk to acceptable levels.

As stated in Section 11.4 of API 580:

“Sensitivity analysis typically involves reviewing some or all input variables to the risk calculation to determine the overall influence on the resultant risk value.”

This process helps identify which input variables most significantly affect the final risk values. Such variables are prioritized for validation and refinement to improve the quality of the analysis.

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.