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PSM DEFINITION
PROCESS SAFETY
Prevention of accidental release of hazardous substances or energy which could result in safety, environmental or business impact.
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PROCESS SAFETY MANAGEMENT (PSM)
A set of formal management practices designed to help prevent, mitigate, respond to or recover from the effects of process plant accidents.
WHY DO WE NEED PROCESS SAFETY?
To prevent major accidents and reduce consequences of those that do occur
To improve employee’s health, safety and work environment
To improve equipment and process reliability