BCSP Safety Management Professional (SMP) Practice Exam 2026 - Free SMP Practice Questions and Study Guide

HAZOP stands for Hazard and Operability Study, a structured safety-review method used in process industries to identify potential hazards and operability problems in a design or operation. The phrase reflects its focus on both hazards and how the system might fail to operate safely or reliably. The other options use terms that don’t match the established name of this technique, so they don’t fit the recognized acronym. In practice, a HAZOP team examines each part of a process using guide words to explore deviations from design intent and their consequences, which is exactly what the study aims to uncover.