Engineering Risk Management
What is Engineering Risk Management and Why is it important?
Engineering Risk Management (ERM) is an innovative approach to controling hazards in an increasingly complex production environment.
Hazardous energies and/or substances are essential in making any industrial production process possible. The more technology-driven an industry, the more complex its use of those hazardous energies and substances becomes. As the technology becomes more complex, it can be difficult to control the hazardous energies and substances in complicated industrial processes in a cost-effective way and avoid business loss and human injury. The innovative approach of engineering risk management allows you to do this.
Engineering risk management looks at the design, construction, and safety performance of the entire production process and all its components. The equipment that is at the heart of any production process is essential because any hazardous energies and substances needed to drive the process are located there. It is these same energies and substances that can cause injury and destruction under conditions of fault and failure. Serious risk management must start here.
The development of an engineering risk management system can be broken down into eleven basic steps. An optimal approach will require customization, so the exact form these steps take will vary on a case-by-case basis.

