Benefits of an Effective PSM Program
Effective PSM helps ensure the proper development of plant systems and procedures to prevent unwanted releases which may ignite and cause toxic impacts, local fires, or explosions in plants and installations.
PSM can also improve:
- the operability, productivity, stability, and quality of the outputs of hazardous chemical processes; and
- the design and specification of safeguards against undesirable events.
Tangible benefits. Effective PSM results in tangible benefits such as fewer hazards and reduced OSHA citations, lawsuits, liability claims, and workers' compensation insurance premiums.
Intangible benefits. Intangible benefits include higher employee morale, increased trust between labor and management, and an improved relations with the local community as a responsible corporate citizen.
Knowledge Check Choose the best answer for the question.
1-8. Which of the following is a tangible benefit of an effective PSM program?
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