Process Safety Management (PSM)

Definition:
Process Safety Management (PSM) is an OSHA regulatory standard requiring the management of hazardous chemicals to prevent catastrophic releases.

It is a massive regulatory structure with professionals spending entire careers doing it. IEC 61511-1 is just a portion of it.

Key Points:

  • Required by OSHA for facilities that exceed Threshold Quantities (TQ) of regulated substances.
  • Encompasses hazard analysis, mechanical integrity, training, and emergency planning.
  • Ties into SIS requirements indirectly through hazard mitigation.
  • Should align with functional safety documentation such as PHAs, SRS, and SIL assignments.
  • Often intersects with EPA’s Risk Management Plan (RMP).

Example:
A refinery covered by OSHA PSM must perform regular PHAs and maintain SIS documentation.

See Also: OSHA, RMP, process safety information (PSI), MI program, threshold quantity

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Part Of: key concept and regulatory categories