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Chapter 34 Risk Centered Maintenance                                   593




                        Frequency Categories      Nominal Range of Frequency per Year
                        A - Often                              > lo-’

                        B - Likely           I               lo-’ to lo-*
                        C - Unlikely                         io-2 to 10”
                        D - Incredible                         < lo4




                                           CONSEQUENCE CATEGORY
                                       *
                                       $8


                                       82
                                       EU




                                      Figure 34.2  Qualitative Risk Matrix


                 The consequence category may be determined by considering the factors that may influence
                 the magnitude of a hazard like:
                    Inherent tendency that a failure may occur
                    Operating conditions
                    Possibility of escalation from minor to serious conditions
                    Engineered safeguards in place
                    Degree of exposure to damage
                 When the resulted categories of failure consequence and  frequency are plotted on the risk
                 matrix, they give an indication of the level of risk for the unit being evaluated.
                 The PRA process will result in assigning each unit with a risk rating: high, medium, or low.
                 The risk rating is often called criticality. The relevant PRA process is also called a criticality
                 analysis.  The  resulting  risk  rating  may  be  used  to  group  maintenance  items  into  three
                 categories:
                    Items with a risk rating of high or medium: The items with medium risk ratings shall be
                    further analyzed  by  RCM  process  in  order to  reduce the  risk  as  low  as  reasonably
                    practicable (ALARF’), which shall be detailed in the following Sections.
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