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ComplianceOctober 09, 2024

Best Practices: Process Safety Management

This report from Verdantix, an independent research and advisory firm, highlights detailed and comprehensive best practices for process safety management.

What's Inside

This Verdantix report offers industrial safety leaders an in-depth analysis of best practices for process safety management (PSM). Verdantix conducted interviews with eight experienced PSM practitioners and six notable PSM software vendors, and analyzed 304 survey responses from managers in operations, maintenance, process safety and engineering roles.

The findings highlight the critical importance of digitizing PSM processes, optimizing resource allocation and creating a holistic safety culture. Among key recommendations, firms should leverage software solutions for standardization, integrate real-time data collection tools, and centralize safety data.

The report also emphasizes the value of aligning leadership with operational realities and tailoring safety practices to local contexts.

Key Takeaways

Learn more about:

  • The state of the process safety management market
  • Top challenges faced by PSM executives
  • PSM digitization goals
  • Best practices to address PSM challenges
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