Business Case Flashcards

Understand the business case for effective process safety management

1
Q

A summary of significant major accident events and the resultant concerns of stakeholders and regulators that have changed the expectations on organisations and managers

A
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2
Q

Outline recurring root cause failures of these accidents that highlight the key issues associated with effective process safety management.

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3
Q

An understanding of the impact of a major accident including:
o effect on business efficiency and business survival.
o direct and indirect costs
o people and the environment
o damage to an organisation’s reputation

A
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4
Q

An understanding of current strategic initiatives relating to good governance of major hazard risks

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5
Q

How managers should balance major accident risks alongside the other business threats

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6
Q

Regulatory requirements for leadership: legal duties on boards, organisations and individuals in relation to prevention of major accidents

A
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