Understanding Hazards and Risks I

Process knowledge management is a never-ending effort to review, update, and maintain the key knowledge needed to safely operate your processes. You cannot manage risks you never identified or have long forgotten. Maintaining vigilance in hazard identification, evaluation, and control are essential steps in managing risks. To ensure high performance at all levels of process safety, it is essential that this knowledge is integrated into the organization and preserved. Risk analysis provides a rational basis for allocating scarce resources where they will do the most good. 1. Process knowledge management 2. Hazard identification and risk analysis