ISO 29001:2020 Awareness

What is ISO 29001:2020 primarily focused on?

• Environmental management

• Quality management for the petroleum, petrochemical, and natural gas industries

• Occupational health and safety

• Financial management

Which international organization developed ISO 29001:2020?

• IEC

• IEEE

• ISO

• OSHA

What is the main objective of ISO 29001:2020?

• To improve employee health

• To ensure consistency in product and service quality 

• To reduce greenhouse gas emissions

• To regulate financial transactions

Which phase is critical for implementing a risk-based approach in ISO 29001:2020?

• Risk identification

• Risk assessment

• Risk mitigation

• All of the above 

Which of the following statements best describes how ISO 29001:2020 integrates with ISO 9001:2015?

• ISO 29001:2020 completely replaces ISO 9001:2015 for oil and gas companies.

• ISO 29001:2020 builds upon ISO 9001:2015 with sector-specific requirements and additional risk controls. 

• ISO 29001:2020 only applies to suppliers, while ISO 9001:2015 applies to manufacturers.

• ISO 29001:2020 removes the concept of risk-based thinking introduced in ISO 9001:2015.

In ISO 29001:2020, what is the key requirement regarding contingency planning in supply chain operations?

• Companies must document potential disruptions but are not required to take action.

• Companies must establish contingency plans and include roles and responsibility for response, communication and immediate actions.

• Companies only need contingency plans for critical suppliers.

• Contingency planning is a guideline, not a mandatory requirement.

What is the primary benefit of integrating ISO 29001:2020 with API Q1 or API Q2 standards?

• Ensuring compliance with financial regulations.

• Aligning quality management with American Petroleum Institute (API) requirements for equipment manufacturing and service providers. 

• Replacing the need for internal audits.

• Eliminating supplier inspections.

Which risk management tool is most appropriate for proactively identifying potential failures in a petroleum refining process?

• SWOT Analysis

• Failure Mode and Effects Analysis (FMEA)

• Balanced Scorecard

• Six Sigma

How does ISO 29001:2020 differentiate between corrective actions and preventive actions?

• Corrective action is action against cause of non-conformity and preventive action is action against possible cause of non-conformity

• Corrective actions focus on compliance, while preventive actions focus on efficiency.

• Corrective actions are optional, while preventive actions are mandatory.

• Both corrective and preventive actions are identical in implementation.

Why is a documented Management of Change (MoC) process critical under ISO 29001:2020?

• To ensure that all changes are recorded for financial audits.

• To assess potential risks and impacts before implementing operational changes. 

• To increase production output.

• To simplify documentation requirements