importance of Construction Risk Management.
A quality construction risk management depends on how the people on the ground handle the risks at hand.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.
One Importance of construction risk management is a protection of workers. The safety of workers is key to construction risk management. the equipment’s and tools involved in construction can cause harm to the workers.hazards that are bound to occur should be addressed with appropriate measures to eliminate their harm.correct body mechanisms, correct positioning of objects. construction risk managers are responsible for training and creating awareness among the workers on protective measures and their contribution on the facilitation of their safety.
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. insurance with the best policies which are favorable is important to achieving savings on cost.
construction risk management enhances professionalism.there is correct follow up of processes and building protocols.possible shortcomings should be identified to ensure quality.the construction is stronger and can resist failing and hence damage.correct choice of building materials is ensured.
the work of planning and supervision is made easier by the construction risk management process.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.
Management of finances that are allocated for that construction is enhanced hence enabling saving of resources.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 .This helps prevent risk that can occur due to falling objects to the surroundings of the construction.It gives the construction support to ensure it has a successful and strong completion.
Construction risk management has an advantage of ensuring the construction meets the qualifications laid out by the government law.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. Installing rails along the staircases assists in reducing the risk that could be faced by the disabled.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 in order to keep high safety measures in the construction sites.