Determining The Cost Effectiveness Of Safety SolutionsAugust 31, 2012 No Comments
Here’s a free “Risk Profile” form that you can use to determine the cost-effectiveness of any proposed safety solution! Use it to help sell your safety recommendations to management.
This simple to use, one-page form consists of five steps. Starting on the left side of the form, rate the degree of risk. Next, on the right side of the form, apply the cost effectiveness factors to determine if the cost of a proposed solution is worthwhile.
Complete one of these forms for every different solution you have. It will help you to identify which of the solutions will reduce the risk for the lowest cost!
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