economic benefits of hazardous area classification
economic benefits of hazardous area classification
(OP)
How can one assess or establish the economic benefit of carrying out a hazardous area classification to check for compliance.
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economic benefits of hazardous area classification
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RE: economic benefits of hazardous area classification
The problem is, you can't estimate the economic benefits without knowing how many areas are mis-classified. You don't know this until you do the classifications. In other words, you might be able to determine the economic benefits of classification after the fact but not before the fact. Of course, after the fact, you have already spent the money to do the classification so it's hard to justify spending the money to estimate the economic benefits.
RE: economic benefits of hazardous area classification
The compliance with the standards is not only for safety of personnel but also for the appropriate life-cycle of equipment, lower insurance rate, etc.