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Investor Presentaiton

What is Engineered Safety? Practice/tool/ technique Used for.... Safety in Design / PHA (Also 'CHAIR') Systems / Process Safety HAZOP studies per AS IEC 61882 SWIFT FMEA per AS IEC 60812 (FMECA, FMEDA, process FMEA) QRA/ PRA & Bow-tie analysis; Event tree & Fault tree analyses LOPA (Layers of Protection Analysis) Functional Safety per AS IEC 61508/61511 Major Hazard Facilities What will be the 'human-to-asset', environment-to-asset, and asset- to-asset interfaces, and can we make them safer? Understand top-level concepts of operations & functional reqt's, identify the hazards and then the safety functions to control them Analysis of what happens when design are operated outside its design intent Systematic what-if technique. Good for operator interactions with / into a system (less formal / faster than HAZOP) What if a component fails whilst operating within design intent? Analysis of predicted, random failure rates of new designs / mod's Typically: incident causation and consequence analysis. Something has gone wrong...what next? (Actual or postulated) What diverse means of achieving safe states dare there, in case one fails? Justification of electrical, electronic, programmable system performance. "The safety of functions." Legislation supported by guides from Safe Work Australia (Good model of systems safety). Requires a SAFETY CASE 14 Copyright Engineering. Systems. Management. Pty Ltd
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