Abstract
This report describes the basic risks which are associated with allowed outage times (AOTs), defines strategies for selecting the risks to be quantified, and describes how the risks can be quantified. The report furthermore describes criteria considerations in determining the acceptability of calculated AOT risks, and discusses the merits of relative risk criteria versus absolute risk criteria. The detailed evaluations which are involved in calculating AOT risks, including uncertainty considerations are also discussed. The report also describes the proper ways that risks from multiple AOTs should be considered so that risks are properly accumulated from proposed multiple AOT changes, but are not double-counted. Generally, average AOT risks which include the frequency of occurrence of the AOT need to be accumulated but single downtime risks don't since they apply to individual AOTs. 8 refs., 22 tabs.
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