The Risk Initiatives in ASME Nuclear Codes and Standards is an analysis of five risk-informed inservice inspection (ISI) and repair/replacement Code Cases and seven risk-informed inservice testing (IST) Code Cases. The analysis will provide insight into the underlying concepts and an assessment of coherence among the nuclear power plant risk-informed initiatives that have been undertaken in the ASME Section XI, Operations and Maintenance (O&M). Through the use of the "Risk Initiatives of ASME Nuclear Codes and Standards" you will obtain a clear understanding of the historical technical basis for the nuclear power plant risk-informed initiatives, providing you with an enhanced ability to interpret, work through, and implement the code cases to your applications. This publication is intended to provide you with a summary relative to ASME O&M Committee actions and it is not to be used as a replacement for the code cases. On the contrary, you should use it in conjunction with the code cases described. Use it as a training tool: The benefits of using the Risk Initiatives of ASME Nuclear Codes and Standards as a training tool include a shorter learning curve and a high level of risk awareness. This applies to new engineers or for experienced engineers who have recently been promoted to a position where risk management is part of his or her role.