Analysis of the impact of safety management costs under the Construction Technology Promotion Act on risk at construction sites

This study started from the reality that the current construction industry's industrial safety and health management expenses under the Industrial Safety and Health Act are organized as rates, while the Construction Technology Promotion Act's safety management expenses only have a standard for organization and are not organized as rates. In order to find out the effect of improving safety management expenses under this situation, we focused on the effect of the Construction Technology Promotion Act's safety management expenses on risk, and in particular, we sought to find out the effect of unifying the Industrial Safety and Health Management Expenses and the Construction Technology Promotion Act's safety management expenses on risk. To this end, a survey was conducted targeting 243 construction industry workers, and the collected data was analyzed using factor analysis and structural equation modeling to analyze the relationship between the rate system for safety management costs and the unification of safety management costs under the Construction Technology Promotion Act and the level of risk, that is, the severity of risk and the probability of risk. The results of the study showed that the rate system for safety management costs under the Construction Technology Promotion Act significantly affected the severity of risk and the probability of risk, respectively. The unification of safety management costs significantly affected the severity of risk. These results show that the introduction of the rate system for safety management costs under the Construction Technology Promotion Act affects the risk at construction sites, and suggest that the unification of the divided safety management costs can reduce the severity of risk.