RBI Risk: Difference between revisions
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{{Template:RBIClass|RBI Risk}} | {{Template:RBIClass|RBI Risk| }} | ||
In ReliaSoft RBI and API 581 risk is equal to the product of the probability of failure and the consequence of failure. | 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. | Risk cannot ever be equal to zero because residual risk factors always exist. | ||
Revision as of 17:15, 22 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.