Risk assessment is an important part of any construction project. By identifying and assessing the risks involved in a project, you can take action and put the appropriate measures in place to prevent and minimize their impact. This guide provides a step-by-step approach, including how to conduct a risk assessment.
Table of Contents
What is construction risk assessment?
Risk assessment involves the process of identifying, analyzing, and assessing risks that may be involved in a construction project. There are many potential hazards present in construction projects, which makes recognizing them and evaluating their risk factor all the more important.
Why is risk assessment important in construction?
Construction risk assessment is important for a number of reasons, the most prominent being that by identifying potential risks, you can take the proper steps to prevent them from happening. And if a previously-identified risk does end up occurring, knowing what to do ahead of time can better prepare you and your team for minimizing its impact.
It also helps with creating a culture of safety in construction, which can ultimately save lives.
When should risk assessment be conducted?
Ideally, a construction risk assessment should be conducted at the beginning of a construction project, before work begins. This allows you to take preventative measures beforehand. However, a risk assessment should also be a continuous process throughout the project.
The different types of risks that can occur in construction projects
Due to the dynamic nature of construction projects, many types of risks can be present at the same time. Knowing which one you’re dealing with can help you develop strategies to mitigate them. The different types of risks that can occur in construction projects include safety risks, health risks, environmental risks, and financial risks.
Safety risks
Some common safety risks in construction projects include slipping, tripping, falling, being hit by falling objects, and being caught in or between objects. These risks can be minimized by ensuring that the worksite is clean and tidy, and that all workers are aware of the hazards present and are properly trained in how to avoid them.
Health risks
Health risks in construction projects can include exposure to hazardous materials, such as asbestos, exposure to noise, and repetitive strain injuries. These risks can be controlled by ensuring that workers are properly trained in how to handle hazardous materials, as well as by providing them with personal protective equipment.
Environmental risks
Environmental risks in construction projects can include pollution, soil erosion, and water contamination. These risks can be minimized by using eco-friendly construction methods and materials, and by implementing proper waste management procedures.
Financial risks
Financial risks in construction projects can include cost overruns, delays, and litigation. These risks can be minimized by proper project planning and management, and by ensuring that all contracts are clear and concise.
How to conduct a risk assessment for construction projects
There are a few steps that you can follow to conduct a risk assessment for your construction project.
Risk registers (a document that lists all of the potential risks that could occur in a project, as well as the controls that are in place to mitigate them) are particularly valuable during the process, so it’s important to keep one while going through these steps.
Here are the steps involved in conducting a construction risk assessment.
1. Identify the hazards: The first step is to identify the potential hazards that could occur in your construction project. You can do this by brainstorming with your team, looking at previous projects, or conducting a literature review.
2. Assess the risks: Once you have identified the hazards, you need to assess the risks associated with each hazard. This includes considering the likelihood of the hazard occurring and the potential consequences if it does occur. This will help you to prioritize the risks and determine which ones need to be addressed first.
3. Develop controls: After you’ve assessed the risks, you’ll need to develop controls to mitigate the risks. The type of control will depend on the nature of the risk. For example, this may involve implementing safety measures, such as providing personal protective equipment, or conducting safety training.
4. Implement the controls: Once you’ve developed the controls, you need to implement them in your construction project. This includes ensuring that the controls are followed by all workers on the site.
5. Monitor and review: It’s important to monitor and review the risk assessment of construction projects on a regular basis. This will help you to identify any new risks that may have arisen and ensure that the controls are effective in mitigating the risks.
Tips for conducting a construction risk assessment
Here are some tips for how to conduct a risk assessment in your construction project.
Encourage collaboration
Make sure to involve all members of your team in the process. Due to how many hands are often involved in construction projects, brainstorming with others will help you to identify more potential risks, with every member of the team having something different to offer.
Be proactive and realistic
Taking a proactive approach to risk management means identifying risks before they occur and taking steps to prevent them. It’s important to also be realistic about the risks involved in your project, as this can help you to properly assess the potential consequences and develop effective controls.
Consistency is key
The risk assessment of construction projects is a continuous process, so it’s crucial that you’re monitoring and reviewing everything on a regular basis. This helps with identifying any new risks that may arise in the middle of the project.
Think your workforce planning meetings could be more productive?
Download our ebook to learn how to run efficient, effective workforce planning meetings with your team.
Minimizing risk and monitoring your workforce with Bridgit Bench
Construction risk assessment is an important part of managing a construction project. By following the steps outlined above, you can ensure that potential hazards are identified and controlled to protect workers and the project as a whole.
Need an easier way to oversee your project? Bridgit Bench gives you the necessary tools to manage your workplace and monitor project progress.
Michel Richer
Michel Richer is the Manager of Content and Product Marketing at Bridgit. He started in the construction industry early on with a local restoration company. Michel is driven to propel the construction industry forward by helping to eliminate outdated, ineffective processes.
