Session 3: Everyone has a role to play
Title: “The economic analysis of safety risks in construction”
The goal of this study is to analyze the safety hazards associated with a single construction project and the corresponding economic impacts of risk management and safety. A plan was produced for the project’s building construction’s safety as a consequence of the coordination of systems and harmonization of work between the Project Leader, Safety Co-ordinator, and Contractor.
The Building Construction project is a simulation that is being built in Portugal on a 30,000 m2 area.
The management policy on Prevention, Hygiene and Safety is ensured by the following bodies with respective collaborations:
– General Safety Committee / Prevention and Safety Officer
– Coordination of on-site safety / General Safety Committee (from the point of view of Project Leader / Safety Co-ordinator).
The risk assessment is conducted in a simulated setting and integrated into the work schedule task by task. This provides a history of risk assessment throughout the project. The simulation enables the identification of danger peaks, which will then generate more suggestions for preventative action. These risk-reduction strategies will result in a curve on the risk chart by lowering risk. These include both integrated working safety policy execution and on-site safety measures. We should be conscious that risk can be diminished but is challenging to completely eradicate.
Although the deployment of preventative systems and workplace safety standards comes at a cost, we hope to demonstrate that safety is more cost-effective than a lack of it by attributing prices to risks.