RBI Risk

From ReliaWiki
Revision as of 23:40, 21 April 2014 by 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 …')
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

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.