Definition:
Process Safety Management (PSM) is an OSHA regulatory standard requiring 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:
- Encompasses hazard analysis, mechanical integrity, training, and emergency planning.
- Ties into SIS requirements indirectly through hazard mitigation.
Example:
A refinery covered by OSHA PSM must perform regular PHAs and maintain SIS documentation.
Cited Source:
- OSHA 29 CFR 1910.119.
- OSHA PSM homepage