Risk Based Inspection Professional (API-580) - API Actual Exam Questions
Last updated on April 11, 2026
Risk presented in quantitative risk analysis as a
Precise numeric value
Form of risk matrix
Form of event tree and fault tree
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_______________ in a safety context is a hazard.
Source
Toxic
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Some failures have potentially serious consequences, but if the probability of the incident is low, then
The risk may not warrant immediate action
The risk may warrant immediate action
The risk may warrant appropriate mitigation action
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A physical condition or a release of a hazardous material that could result from component failure and result in human injury or death, loss or damage, or environ- mental degradation
Hazard
Loss
Failure
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Thinning causes the loss of material from
External surfaces only
Internal surfaces only
External or internal surfaces
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