What Does PSM Stand For?
PSM stands for Process Safety Management
Process Safety Management (PSM) is a disciplined framework aimed at preventing the release of hazardous chemicals and ensuring the safety of processes within industrial facilities. It encompasses a set of principles and practices designed to identify, evaluate, and mitigate risks associated with processes that involve highly hazardous substances. PSM is crucial for safeguarding employee health and safety, protecting the environment, and ensuring compliance with regulatory requirements. Key components include process hazard analysis, safety training, maintenance procedures, and emergency planning.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym