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Process safety management (PSM) is addressed in specific standards for the general and construction industries. Process Safety Management, or PSM, is an OSHA standard that requires employers to identify, evaluate, and control the hazards associated with the highly hazardous operations and chemicals used in their processes. A key provision of the standard requires employers to conduct a thorough risk analysis of the entire operating process Process safety management (PSM) is a practice to manage business operations critical to process safety The objective of process safety management (PSM) is to ensure that potential hazards are identified and mitigation measures are in place to prevent unwanted release of energy or hazardous chemicals into locations that could expose employees and others to serious harm. PSM is essential for managing complex chemical operations as well as simple operations involving hazardous materials. The term Process Safety Management (PSM) became prominent because of an OSHA regulation that requires businesses to properly manage hazardous chemicals, with the goal of creating safe workplaces and preventing “unexpected releases of toxic, reactive, or flammable liquids and gases” that can cause disasters. The key processes of a safety management system are hazard identification, occurrence reporting, risk management, performance measurement, and quality assurance. Crafting policies and procedures in your organization that will be implemented also plays an essential role in the direction of your program These pillars — management commitment; understanding hazards and risks; management of risks; and learning from experience — make up the key elements of an effective management system. By watching this video, you will have a clear understanding on Process safety Management system using in oil and gas industry Please join my telegram channel for latest updates and other information Infos. By Hamsa V Bava Telegram channel: - https://t.me/InfosByHamsaVBava please like, share, support and subscribe at / infosbyhamsavbava / @infosbyhamsavbava Pl. visit my channel to watch all videos. Providing play list link here • Infos.by Hamsa V Bava Contact "hamsabava@gmail.com," for comprehensive oil & gas training solutions, from identifying training gaps, setting training modules, delivering online/class room trainings to assessing training objectives. WhatsApp - +91 9447188805, +97336106744