importance of Construction Risk Management.
a successful outcome of the construction risk management depends on the organization of the construction managers. assessing the risks at hand, the extent of the harm they cause, the potential victims, how to arrest the effects or complete removal of the risk.
One Importance of construction risk management is a protection of workers. The safety of workers is key to 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.Example is use of correct protective gears example:overalls, masks, headgears, safe placing of objects, use of good body mechanisms while working example correct lifting of objects.creating awareness among workers and workers education on safety is the responsibility of the construction managers.
Construction risk management helps in saving the cost that can be incurred in case of its occurrence.an the insurance company is crucial in helping the recovery of potential loss. insurance with the best policies which are favorable is important to achieving savings on cost.
Promotion of Professionalism is ensured through risk management. there is no stages of work that are missed out or skipped.possible shortcomings should be identified to ensure quality.the building has fewer risks of falling and causing harm.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.
saving of the allocated resources is made possible through the management of the construction managers.The construction managers formulate a finance plan that ensures appropriate allocation of the resources available and hence unnecessary use of money is avoided.
construction risk managers gives ideas on protection of the construction site hence reducing risks that can occur at the surrounding environments, some methods includes using a strong fencing around the construction site, use of supportive pillars to support the building .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 set laws by the government are implemented or effected by the construction risk managers.rules and regulations are set to be followed during construction which vary among various governments. Making the construction accessible to people with disabilities is one of the qualifications required.Example, by putting on rails where there are staircases.Controlling and minimizing the risk can be done by making sure that there is a fire excite point where the people inside the building can run for their safety from.It is important to adhere to various risk management procedures.