ABSTRACT

Chapter 9 considers the costs versus benefits of integrating I-LED interventions within an organisation's existing safety management system. The integration of I-LED interventions as an additional safety control to help mitigate for system failures offers physical benefits in terms of reduced injuries or death, equipment damage and economics gains as well as intangible socio-political effects and non-technical attributes such as improved operator empowerment and job satisfaction. It is found that I-LED interventions are difficult to cost in financial terms due to often intangible cost data, although it is argued the typical interventions discussed in this chapter do not attract significant costs to introduce and maintain long term.