RBI Risk: Difference between revisions
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John Leavitt (talk | contribs) (Created page with 'In ReliaSoft RBI and API 581 risk is equal to the product of the probability of failure and the consequence of failure. Risk cannot ever be equal to zero because residual risk …') |
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Revision as of 23:40, 21 April 2014
In ReliaSoft RBI and API 581 risk is equal to the product of the probability of failure and the consequence of failure.
Risk cannot ever be equal to zero because residual risk factors always exist.