Calculating the True Cost of Underinvesting in Construction Health and Safety

May 13, 2024
James Alexander - Construction Executive

As the construction sector embarks on another fiscal year, prioritizing health and safety is increasingly imperative. New industry-specific safety research and technology aims to help directors effectively optimize their financial resources and more precisely understand the economic impacts of safety strategies.

SHIFTING THE PARADIGM
The construction industry across America is evolving quickly—especially when it comes to cutting-edge technological solutions in software and hardware, aimed at reinforcing safety protocols and yielding both operational and economic advantages. However, implementing these advancements often hinges on showing a tangible economic benefit, an issue that an innovative new initiative seeks to tackle by merging insights from academia and industry professionals.

Reprinted courtesy of James Alexander, Construction Executive, a publication of Associated Builders and Contractors. All rights reserved.



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