Process safety management (PSM) is a term that is most frequently used in highly hazardous industries like oil refining, gas processing and chemical manufacturing. However, PSM could apply to any industry where people are working in and around any hazardous equipment or environment. 

For example, in the power industry – gas turbines and large boilers could be managed using a PSM system. Process safety is normally associated with the technical aspects of a manufacturing or transportation operation; however, it should really be more focused on the business in general if it is going to have the right level of influence in basic decision making.