"In 2006, the Center for Chemical Process Safety (CCPS) Technical Steering Committee authorized the creation of a project committee to develop a Guideline book for the development and use of Leading and Lagging Process Safety Metrics. The outcome of the 2006 CCPS effort was published in December 2007. Many companies and organizations used the definitions established in 2007. In 2011, following the release of API RP 754, the CCPS updated its 2007 report to align the CCPS report with API RP 754. In April 2016, API released the second edition of API RP 754 that included clarification of previous definitions, addition of new definitions, incorporation of optional severity weighting guidance, and revising the Tier 1 and Tier 2 thresholds. Since the ultimate goal of the 2006 CCPS project was to develop and promote the use of common metrics across the industry and around the world, CCPS is once again updating this guide to align with API RP 754 so as to continue its support of common industry performance metrics. You can download the 22 APR 2019 document using the link below:
Utilizing industry-wide process safety metrics facilitates benchmarking and can be used to drive continuous improvement in performance.
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