The performance based ANSI/ISA S84.01 and IEC 61508 standard provide overal
l risk based safety life cycle models for industrial processes. Among other
guidance, they provide the basic methodology and guidelines for the identi
fication of safety instrumented systems necessary for a process to meet the
established target risk levels. In order to arrive at risk based solutions
, many practical issues need to be addressed Such issues include identifica
tion of target risk levels, identification of hazardous events associated w
ith the process tinder consideration, establishing the existing risk associ
ated with the process, and selection of appropriate non-instrumented and in
strumented safety systems to meet the target risk. This paper outlines the
basic methodology, and discusses some of the related issues mentioned above
. Further, it provides a few methodologies to establish the requirements of
the safety instrumented systems and their safety integrity levels.