Managing Major Hazard Industry Risk: Best Practice For The Future Of Integrated Asset Management
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How to identify early warnings of system performance that allows corrective action ahead of catastrophic failure. This should be the ambition and aim of all major hazard businesses and those that aspire to be a ‘high reliability’ organisation.
In this whitepaper we look at measurements of key performance indicators (KPI) throughout the energy industry, differential ranking of lagging and leading KPIs.
Measuring performance of process safety systems is important but measuring the right things that give you the best insight into early failures or challenges to the integrity of containment systems is vital. Learn from an example of how a successful implementation of these KPIs leads to an effective process safety approach.
In this white paper we will:
- Examine a successful approach to implementation of KPIs in hazardous industries, our simple set of questions to help set and implement focussed KPIs.
- Elaborate on types of indicators and risk ranking of successful KPIs, not all KPIs are equal.
- Preview a success story of successful KPI implementation
This white paper is for you if you work in the fields of:
- Mechanical Integrity
- Structural Integrity
- Asset Integrity
- Asset Management
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