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_____________represents the next generation of inspection approachesand intervalsetting, recognizing that the ultimate goal of inspection is the safety and reliability ofoperating facilities
No deterioration found in the inspection program but still failure can occur under thefollowing conditions.
Termination of the ability of a system, structure, or component to perform its required function of containment offluid (le loss of containment)
The risk prior to mitigation activities
A physical condition or a release of a hazardous material that could result fromcomponentfailure and result in human injury or death, loss or damage,or environ- mentaldegradation
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