API 580 Risk Based Inspection Practice Test

Which of the following is not a data source for RBI analysis?

1. Inspection and maintenance records

2. Market analysis reports

3. Material selections

4. Design and construction records

The correct answer is: Market analysis reports

Market analysis reports are not considered a data source for Risk-Based Inspection (RBI) analysis because RBI focuses primarily on the specific conditions and historical performance of equipment within facilities, along with its operational context. Key data sources in RBI typically include elements that directly relate to the operations and condition of the equipment being analyzed. Inspection and maintenance records provide vital information regarding the past performance and condition of assets, allowing analysts to assess failure rates and develop reliable risk profiles. Material selections inform analysts about the properties of materials used for construction, which can influence corrosion rates and potential failure modes. Design and construction records contain essential details about how equipment is built and the assumptions made during its design, which can impact its risk profile. In contrast, market analysis reports focus on broader market conditions and trends rather than the specific operational and technical data necessary for a robust RBI assessment. Hence, while they may provide useful context in some scenarios, they do not serve as direct inputs for evaluating the risks associated with equipment integrity.