The business case for safety: injury costs, ROI, payback and NPV
CSP written lesson, 6 min read. CSP Domain 2: Program Management
Written with AI help from the rules it covers, then fact-checked against them. Study aid, not site-specific safety advice. The official rule controls.
What you'll learn
- Sort injury costs into direct and indirect costs as OSHA describes them
- Calculate simple ROI and payback period
- Discount future savings to present value and find NPV
- Calculate a benefit-cost ratio and read the decision rule
- Describe the safety professional's role in budgeting and procurement
What this lesson covers
This lesson covers direct and indirect injury costs, plus the four calculations used to justify a safety project: ROI, payback, net present value and benefit-cost ratio. It matters because exam questions give you a project's numbers and ask which one to fund.
This lesson is included with a pass
Written lessons come with every CSP pass, along with the video lessons, the question bank, mocks and the tutor. $80 per exam for 6 months, or $143 for all three for 12 months.
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