A Guide to Construction Risk Management.
a successful outcome of the construction risk management depends on the organization of the construction managers.it involves the identification of risks that are bound to occur, the magnitude of harm can be caused and the target people or property, control of the risk, and risk management.
workers protection is one positive result of construction risk management.Workers at the construction site are at the exposure of injuries from working equipment’s and tools. Risk management guidelines should be put in place to ensure elimination of potential risks.correct body mechanisms, correct positioning of objects.creating awareness among workers and workers education on safety is the responsibility of the construction managers.
cutting out cost on expenditure is an advantage of construction risk management. This is through ensuring the construction which helps to recover the loss that can occur. a good insurance company should be chosen for security purposes.