Process Safety Management: Key Performance Indicators

One of the initial steps in process safety management (PSM) implementation is to complete a qualitative gap analysis against the PSM standard (in this case, the CSA Z767 standard). To perform this gap analysis, PSM self-assessment worksheets have been developed as part of the current work. These documents are for the key performance indicator (KPI) element.

Process safety key performance indicators (KPIs) involve using leading and lagging indicators that are selected and monitored to target improvement.

  • Leading indicators are process-focussed metrics that signify the function of operating discipline, processes, or safety barriers/controls. Leading indicators are selected to provide an early signal of potential issues or degradation of safety controls so proactive corrective actions can be conducted.
  • Lagging indicators are outcome-focused metrics that can signify recurring issues and include events that have taken place. 

The fact sheet to the left summarizes the KPI element of PSM and the self-assessment and action plan worksheet on the right is intended to help integrate the KPI element into your workplace.

Learn more about the PSM initiative here.