This McGraw Hill Construction Safety Management in the Construction Industry SmartMarket Report informs the industry about how firms today are implementing safety management programs to identify construction site risks and reduce accidents; and how these programs are impacting work site productivity and project return on investment. The study explores the drivers and obstacles to safety management practice adoption and communication and the impact that new technologies and evolving building processes like BIM, mobile communications and prefabrication are having on safety. The study also explores how firms now and in the future will deal with new safety hazards as well as take advantage of opportunities that safety management can offer in hiring trained workers and competing for work in challenging economic times. Some of the key findings from the study show the following benefits due to the implementation of safety management practices:
- 51% report increases in project ROI; with a fifth of those reporting increase of greater than 5%.
- 43% report faster project schedules, with half reporting schedule improvements of a week or more.
- 39% report a decrease in project budget.
For more information on the study findings in this report, download your free copy today.