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INSIGHTS

Managing Risk in Construction


Risk is not a new concept. In fact, every day we evaluate the risks in our lives and make decisions accordingly. Everything from the house we live in to the speed of our car to the route we take to work to how we spend our money are all based on decisions to manage and mitigate risk. Although more complex, your company does the same.

A great deal of time and effort is often spent developing Health and Safety Plans for organizations in an effort to manage risk. Most health and safety plans are comprehensive in nature and provide such things as the nature of hazards present in the workplace, as well as who will be responsible for health and safety related tasks that are conducted to protect against these hazards. As the name implies, it is a plan, or detailed course of action to be taken in order to achieve a desired outcome. Most can agree that the desired outcome when it pertains to safety and health is the prevention of injury to workers and damage to property.

Based on the intent of the plan and applied accordingly, each person within the company has a part to play in injury prevention. If the plan is followed, then no injuries should occur. Yet injuries still occur. What is the disconnect?

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