Problem
1) What are the four components of the auditing process? Which component do you feel is the most important? Explain your choice.
2) Describe four characteristics of effective metrics. Provide an example of a leading metric and an example of a lagging metric that meet these criteria.
3) Discuss three benefits of using metrics in Process Safety Management. Provide examples in your discussion.
4) Explain the difference between audits and metrics. How can the two be used together?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.