| dc.description.abstract | The key to delivering safe, efficient and sustainable long-term, optimized production is effective operational risk management. Many organizations have either implemented or are in the process of implementing operational management or safety management systems based on process safety management principles. Key Performance Indicators (KPIs) are then created to manage performance, but we do not have indicators of real-time risk, since the performance of these systems is not connected to the real cumulative risk impact on daily operations. Daily operations is where operational risks all come together and where decisions are made across the planning to execution process to prioritize, manage, and execute activity that has a direct impact on the risk status of the plant. Often there is no single place where all the risks can be seen as each department (Engineering, Asset Integrity, Maintenance, etc.) manages their risks independently of others and not with the impact on daily operations in mind. Process Safety Management (PSM) needs to be treated as an operational driver rather than just a compliance obligation. Understanding and managing the specific risk impact and the cumulative risk impact of the deviations or non-conformances with the performance standards of your process safety management system in the context of daily operations is the key. Managing these risks is a powerful driver of operational performance. With increased visibility into operations, having all of the risks in one place, plant operators can improve operational decision-making to get more of the right work done safely, efficiently, and sustainably. Advances in enterprise software solutions enable organizations to change the perception of PSM by connecting its impact to daily operations. They can help organization systematize a “common currency of risk” that connects PSM performance to daily operations to: Better understand and manage the impact of process safety performance on daily operations Enable improved coordination and collaboration across functions such as operations, maintenance, planning, engineering, asset integrity, and HSE Make better operational decisions regarding the prioritization of activity to be addressed, how best to optimize the activity schedule, and execute frontline activity. Organizations can change the dynamic between safety and productivity by reducing risk and improving the productivity of operations This presentation will demonstrate how to connect PSM performance to daily operations in a practical and tangible way to help treat PSM as an operations requirement and an enabler of optimized business performance. | en |
