Every business risk is different but if you take an average value on the cost associated with each part of the risk analysis process, you’ll get a fair idea about how inefficient the paper-based method actually is. The data presented here was taken by surveying a construction business of 12 workers and represents a significant part of our broader risk assessment productivity case study. The average time spent on risk assessment processes per job is:
Avg job time = 9 to 16 mins (for more information in time calculations read here)
Avg no. of jobs per worker, per month = 20 jobs