As we discussed in previous posts, the Asset Safety work process is focused on ensuring that the safety and protective functions of instrumented assets are properly defined and managed. In order to ensure that risks are mitigated, companies that hope to design and implement protective functions need to develop asset management strategies. In the world of Asset Safety, such strategies are based on methodologies such as Safety Instrumented Systems (SIS) management or HAZOP. By using these methodologies, reliability and safety personnel can determine how their assets are most likely to fail and then design their protective functions in order to mitigate those failures. Managing such safety and protective functions begins with assessing operating risks, after which, safety and reliability personnel need to design and implement protective functions. With the hundreds and thousands of physical assets at a given plant, designing and implementing protective functions on each asset can be very difficult to manage without such tools as APM Software.
Designing and implementing these safety and protective functions can be a very time and labor-intensive task. In order to maximize the effectiveness of your program, it can be very useful to receive guidance and instruction around reliability best practices in the area of Asset Safety. To offer instruction and guidance in these areas, Meridium is hosting a free Asset Safety workshop on Thursday, February 24rd in Houston, TX. For more information on Meridium's free workshops or to register, please click here. The Asset Safety work process as well as the other APM Work Processes will also be addressed at Meridium Conference in May 2011. Click here for more information or to register.
Companies are always looking for a competitive advantage over the rest of the industry. To gain the edge, upper management seeks to cut costs as much as possible. Especially in the process industry, high availability can mean high revenues. Companies have found, however, that focusing only on cost-cutting without taking risk into account often results in disaster. In order to mitigate risks, employees' safety needs to be a necessary consideration when making maintenance plans. Instrumented assets have protective functions but those protective functions need to be managed effectively. This is accomplished through the Asset Safety work process. 
It can be a struggle to get plant personnel to collect good quality data. There are established processes, like
Compare it to fantasy football:
All of the talk around Enterprise Risk Management (ERM) leads me to think about where process safety engineering fits in the grand scheme of risk management. Most of us would agree that including HAZOP as foundational part of an ERM system is a no-brainer. But what about its visibility and executive function? Where does
"Your workers are dying on the job and it has to stop"