1. The document discusses selecting safety integrity levels (SIL) for safety instrumented functions to reduce risk from hazardous scenarios.
2. It describes various SIL target selection methods, with frequency-based targets like layer of protection analysis (LOPA) providing the most accurate results.
3. The document provides a simplified example of using a "risk-o-meter" to determine if actual risk is below a company's tolerable risk level of 1 fatality per 100,000 years after accounting for existing layers of protection.