A Process Safety Management System (PSMS) is an analytical tool focused on preventing releases of any highly hazardous chemical substance that is a set of specific standard policies, procedures, and practices for the general and construction industries. A PSMS is intended to reduce the frequency and severity of incidents resulting from releases of chemicals and other energy sources.
Reference Definition by Aiche.org/ccps: A Process Safety Management System is comprehensive sets of policies, procedures, and practices designed to ensure that barriers to episodic incidents are in place, in use, and effective.
Related Definitions in the Project: The Process Safety Engineering; Project Management