Ace Group: New White Paper Analyzes Best Practices for Managing Construction Risk
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According to a release, the report reviews the importance of building a strong safety culture, and outlines the components of an effective construction risk management program.
"Building an Effective Strategy for Managing Construction Risk" was co-authored by
Further, the goal is always to keep every worker safe. "Safety should form an integral part of a company's corporate culture, and responsibility and accountability for safety should rest with every level of management," said Abrahamsen. "Safety should be part of every project, from planning through completion, and incorporate elements such as training, fall management, job hazard analysis and environmental concerns."
Even the most safety-conscious company may experience an accident, so a strategy to manage claims and improve outcomes is essential. "An effective risk management strategy in the construction industry needs to include advanced claims reporting and handling capabilities, medical and pharmacy cost management, return- to-work strategies and analytic capabilities that pave the way for continual improvements. This comprehensive approach is essential for long-term success," added Crossan.
To access the report, please click here. The material presented in this report is not intended to provide legal or other expert advice. It is presented as informational only. Readers should consult legal counsel or other experts, as applicable, with any specific questions they may have.
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