Risk Reduction Factor

Risk reduction factor can also be used to indicate the probability of failure for an instrumented function when the SIL mode is low demand. The risk reduction factor is the inverse of the required probability of failure, which is represented in years. For example, a required probability of failure value of .001 would equal a risk reduction factor of 1,000, meaning that the instrumented function would fail during a dangerous scenario about once every 1,000 years.

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