7 Process Safety Management (PSM)

Process Safety Management (PSM) refers to a set of interrelated approaches to managing hazards associated with the process industries and is intended to reduce the frequency and severity of incidents resulting from releases of chemicals and other energy sources. 3. In the USA, PSM is a regulation issued by the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA). The regulation is designated as 29 CFR 1910.119, Process Safety Management of Highly Hazardous Chemicals.