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.
risk management has an advantage of promoting quality skilled work. there is no stages of work that are missed out or skipped. close follow up ensures quality is maintained through identifying possible weaknesses.the construction is stronger and can resist failing and hence damage.correct choice of building materials is ensured.
The process of construction risk management helps in enhancing the process of planning the construction and supervision of the working progress.The management team can work together to ensure the construction is exposed to minimize risks, through this teamwork it becomes easy to follow up with the progress of work.
the construction management team help enhance savings due to better use of the resources provided.The construction managers formulate a finance plan that ensures appropriate allocation of the resources available and hence unnecessary use of money is avoided.
the construction managers help reduce risks to the surrounding people through maybe building a fence around the building and using supportive pillars for a stronger outcome.the protective measures put in place helps reduce risks injuries to the people around and property.there is a positive outcome with a stronger and quality construction achieved.
the construction risk management helps follow the set rules and guidelines by the government Every government has set rules to be followed and qualifications that should be met by a construction.Through constructing a building which is easy to use by the people with physical disorders, it makes the building risk manageable.Example, by putting on rails where there are staircases.Installing a fire and emergency out ways which can be easily reached if there happens to be a disaster. it is thus beneficial to maintain high risk management plans.