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June 9, 2022
3:00PM - 4:00PM
Process Safety Health: How Should We Approach Metrics and Monitoring?
David Drerup, President & CEO Operational Sustainability
Expo A1
Process Safety Metrics and Benchmarking are concepts that have been discussed for more than a decade. Yet, while there have been attempts to do benchmarking and establish incident reporting practices like API 754, there are still no suggested standard for metrics and reporting that have been widely adopted. With many companies viewing process safety performance reporting as being specific to their established practices and culture resulting in great difficulty with the generation of any meaningful comparative industry-wide performance evaluations. One of the key aspects of Process Safety Health (PSH) is the ability of an organization to achieve and sustain high levels of performance. Accepting that PSH is defined as a holistic and continuous monitoring methodology covering all functional process safety reporting to provide a clear picture of an organization’s overall health. It appears that the industry and its collective members would benefit greatly from the ability to compare themselves against a set of defined standard performance metrics. This presentation discusses how organizations can develop a meaningful risk profile and move beyond traditional lagging indicators to capturing predictive trends and actionable insights in a timeframe where risks can be mitigated before becoming real issues.
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06/09/2022 03:00 PM
06/09/2022 04:00 PM
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Process Safety Health: How Should We Approach Metrics and Monitoring?
Process Safety Metrics and Benchmarking are concepts that have been discussed for more than a decade. Yet, while there have been attempts to do benchmarking and establish incident reporting practices like API 754, there are still no suggested standard for metrics and reporting that have been widely adopted. With many companies viewing process safety performance reporting as being specific to their established practices and culture resulting in great difficulty with the generation of any meaningful comparative industry-wide performance evaluations. One of the key aspects of Process Safety Health (PSH) is the ability of an organization to achieve and sustain high levels of performance. Accepting that PSH is defined as a holistic and continuous monitoring methodology covering all functional process safety reporting to provide a clear picture of an organization’s overall health. It appears that the industry and its collective members would benefit greatly from the ability to compare themselves against a set of defined standard performance metrics. This presentation discusses how organizations can develop a meaningful risk profile and move beyond traditional lagging indicators to capturing predictive trends and actionable insights in a timeframe where risks can be mitigated before becoming real issues.
Expo A1
