THE PROFIT MOTIVE: PROCESS SAFETY MANAGEMENT, LOSS OF CONTAINMENT AND LOST PROFIT OPPORTUNITY: Methods, Metrics, KPIs, and Performance Analysis

摘要

This paper identifies the attributes and benefits of a data and metrics-driven management system focused on process safety design integrity and reliability relative to loss of primary containment (LOC). This management system process focuses on the four key business drivers of risk (i.e. regulatory compliance, operations, and profits), and involves several distinct business methods involving people, processes, and tools/technology. At the center of the management system is the unique design and implementation of metrics and KPIs created from data lifted and aggregated from an enterprise asset management platform (EAM). Also key to this approach are a time-tested refining incident and loss (lost profit opportunity [LPO]) database and performance trending methodology.