5 Safety Management and Costing

DOI: 10.1201/9781003365204-5

5.1 Introduction

Today, safety management is a very important element of a safety program in an organization and its beginning appears to be the period during the 1950s and 1960s [1, 2]. In the safety management’s history, an important milestone occurred in 1970 with the passage of the Occupational Safety and Health Act (OSHA) by the U.S. Congress. Since 1970, many new developments concerned with safety management have occurred and safety management may simply be defined as the accomplishment of safety through the efforts of others [1, 2, 3, 4, 5 and 6]. Nonetheless, safety management’s fundamental objective is to eliminate human suffering and anguish as well as achieve economy of ...

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