Lets be realistic, using safety management system software is not a silver bullet. Even when using free risk assessment software there is still a time-cost associated. However, risk assessment software can save you time by streamlining the risk management process. The question is how much time? To calculate this we conducted a risk assessment productivity case study on a construction business of 12 workers.
In previous articles, we looked at how much time is spent on paper-based risk assessments and subsequently how much they cost your business. So, now we need to apply the same process to a software-based system to determine the possible savings. The following diagram shows the time values that are associated with each step of the risk assessment workflow.