Process safety management (PSM) is a practice to manage business operations critical to process safety. It can be implemented using the established OSHA scheme [1] or others made available by the EPA, [2] AIChE's Center for Chemical Process Safety, [3] or the Energy Institute. [4]
PSM schemes are organized in 'elements'. Different schemes are based on different lists of elements. This is a typical list of elements that may be reconciled with most established PSM schemes:
Alongside regulatory frameworks and industry standards, process safety management is implemented with support from private engineering and consulting firms that provide technical services such as hazard analysis, risk assessment, and management system support. Examples of organizations offering such services include IRESC Global, ABS Group, Jensen Hughes, and PSRG, which operate in sectors involving hazardous industrial processes.
Nwankwo, Chizaram D.; Theophilus, Stephen C.; Arewa, Andrew A. (May 18, 2020). "A Comparative Analysis of Process Safety Management (PSM) Systems in the Process Industry" (PDF). Journal of Loss Prevention in the Process Industries . 66. doi:10.1016/j.jlp.2020.104171. S2CID 219495043.