Risk Management

Main goals of RM on construction sites or operational plants include
  • Identifying inherent hazards.
  • Mitigating the probability of accidents from taking place due to inherent hazards.
  • Mitigating the magnitude of the impact of such accidents.
  • Recommending the implementation of commensurate loss prevention and protection measures to ensure a safer working environment.
Through construction site visits and inspections, the above goals are achieved. The number of such visits are determined on the basis of the following factors
  • Size of the construction project.
  • Nature and complexity of the contract works.
  • Duration of the construction project.
  • Scope of (insurance) coverage.
  • Available budget.
When can visits to construction sites or to operational plants be conducted?
  • Prior to the commencement of the construction / erection works (CAR, EAR).
  • During the phases of construction, erection, and testing (CAR, EAR).
  • After the commencement of the commercial operation of the facility or siteĀ (MB, EE, LoP, DoS, CECR/CC).
  • After the cessation and prior to restart of the contract works (Standstill covers following CAR or EAR).
Outcome of the site visits
  • A comprehensive report (including photos to substantiate our observations and findings) will be prepared and submitted to the client within a time frame of 10 days following the visit (subject to having all relevant risk information available on-hand).