(54ao) What Is Your “ROA” or “Return on Audits”?  A Different Approach to Understanding Toxic Risk | AIChE

(54ao) What Is Your “ROA” or “Return on Audits”?  A Different Approach to Understanding Toxic Risk

Authors 

Pritchard, M. - Presenter, Chevron Phillips Chemical Company LP
We measure and audit process safety performance in a number of different ways, yet our industry continues to have releases with actual and potential catastrophic consequences. Are our investments in these processes pointing us to actions that will drive loss of containment incidents to zero? Do you want to increase your “ROA” or “Return on Audit?” This presentation will share a novel approach for assessing toxic risks, including results from the initial application of this unique assessment process.