Integrated Leading Indicators and Their Effectiveness Evaluation | AIChE

Integrated Leading Indicators and Their Effectiveness Evaluation

Type

Conference Presentation

Conference Type

AIChE Spring Meeting and Global Congress on Process Safety

Presentation Date

April 21, 2021

Duration

20 minutes

Skill Level

Intermediate

PDHs

0.50

Effective Safety Management system has Leading Indicators serving as the backbone. These indicators, in lieu of the lagging ones, provide a realistic picture of the company’s performance.

Monitoring and measuring KPI’s related to Safety are a common practice in modern industry. But, the effectiveness of a robust system can neither be ignored nor be overlooked. An effective Leading Indicators’ monitoring program focuses not only on Process Safety Performance but also on the Behavioral Safety and Operational Excellence parameters. Only then, can an organization build a realistic image and a practically effective Safety Management system.

World Class Safety systems therefore, focus on having a blend of multiple Safety Related performance indicators, in their due weightage, not limited to compliance numbers, as their drive to change.

The Process Safety Indicators (Leading and Lagging) optimized monitoring aids to enhance the safety performance. The in-depth comparison in the light of CCPS Process Safety leading and Lagging Indicator Matrices and American Petroleum Institute (API) Process Safety Performance Indicators for the Refining and Petrochemical Industries API-754 (Recommended Practices) will be shared.

The paper will also be providing insights into the development of effective yet practical leading indicators monitoring and management program with in our organization and the ultimate cultural improvements achieved.

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