RBI Risk: Difference between revisions

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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 17:05, 22 April 2014


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Index

RBI Risk

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.