Making Use of Leading and Lagging Indicators – Are You Using These for Functional Safety? | exida

exida Recorded Webinars

Making Use of Leading and Lagging Indicators

Recording Date: March 2018

The IEC61511/ISA-84 Process Industry Sector Standard is predicated upon a performance-based Safety Lifecycle (SLC) to help reduce risk and to provide a foundation for the development, operation and maintenance of Safety Instrumented Systems (SIS). The SLC is composed of three phases: Analysis, Design/Implementation (Realization) and Operation and Maintenance. As a performance-based standard, End Users are required to develop Key Performance Indicators (KPIs) to facilitate performance monitoring. The basis of this is to ensure that the performance targets defined within the Safety Requirements Specification (SRS) for the SIS can be met and sustained throughout the life of the SIS.

This webinar outlines how KPIs based upon Leading and Lagging Indicators can help in maintaining performance and to help prevent potential future incidents from occurring. Accidents, such as the Texas City Isomerization Unit explosion in 2005, highlighted the need for such indicators and was a key recommendation in the Chemical Safety Board’s final, published, report on the accident.

By adopting Leading and Lagging Indicators, End Users can properly track performance and avoid potential hazardous situations by implementing proactive preventative measures.

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About the Presenter:

Dr. Steve Gandy, CFSP

Steve Gandy Dr. Steve Gandy has been with exida for 13 years as VP of Global Business Development. Dr Gandy has 40+ years of experience in industrial automation controls and safety. Dr. Gandy is head of exida Engineering and is a director of several of exida’s subsidiary companies. In addition to his sales and management responsibilities, Dr. Gandy has written the "Functional Safety For Managers: What Managers Need to Know" book, as well as "Managing In An Automation Company", and published and presented numerous papers at conferences. Dr. Gandy is also one of the primary instructors for exida’s highly successful FSE100 Functional Safety course.