One approach to functional safety assurance and safety lifecycle compliance

This paper will explore and highlight the challenge for the Asset Owner/Operators and how they delegate their responsibilities for functional safety management into the supply chain. The paper will explore how the key elements of functional safety management (with a focus on instrumented safety systems) can be brought together to augment confidence and ultimately increase assurance that the developed basis of safe operation is valid and appropriate. It will also present a reasoned argument that supply chain stakeholders that can provide safety assured products and services to Asset Owners/Operators gain a competitive advantage over those who do not have this assured capability.