According to the Center for Chemical Process Safety (CCPS) and insurance data, the average cost of a major process safety event is $80 million and indirect costs (legal, regulatory fines, reputation loss) can be 10 times higher.
Organizations need to care deeply about Process Safety Management (PSM), not just because it's a regulatory requirement, but also because it's central to protecting lives, assets, reputation, and business continuity. And the cost of PSM-related failures can be massive.
PSM challenges that organizations struggle with include fragmented software solutions, siloed data as well as gaps between operations and engineering.
Join this webinar to hear speakers from Wolters Kluwer Enablon and Trinity Consultants share ideas and best practices for introducing an integrated and dynamic PSM environment.
Learn more about Process Hazard Analysis (PHA) and PSM techniques and how organizations can improve the rigor and effectiveness of hazard analysis by focusing on PHA methodologies and tools.
Discover best practices and proven methodologies for improving PHA, explore what PSM software can do, and get insight into the role of bowtie risk assessment and barrier management in PSM and why it is important. Discussion will also explore the future of PSM, including the impact of artificial intelligence (AI).
Register today!