Cost benefit analysis of fire safety system in ready made garment industry- a case study

Abstract

Fire safety has become a major issue of public concern in ready-made garments(RMG) sectorencouraging by the Government of Bangladesh and the garment industry to step forward to rebuild consumer confidence. This thesis gathered information on the cost-effectiveness of the protection systems from several garment factories in Bangladesh. A four‐step methodology has been used in an attempt to adopt a systemic approach to constructing a fire safety management system (FSMS) for an offshore platform which although the approach is general nowadays, it has been applied to the case of the RMG industry. Significant changes have been made in fire safety management in the readymade garments factories over the past few years.However, fire safety still tends to be analyzed in isolation through all fire loss is affect to the garment industry. Fire loss may be seen as a set of ‘systematic’ failures, not as a result of only one reason. This study proposes an FSMS for the ready-madegarment industry. It is hoped that this approach will lead not only to more effective management of fire safety but also to themore effective management of safety, health and the environment for any organizations.This study discussed the problems encountered by the management andproposed a way for quantitative evaluation of fire risk and to identified the cost-effectiveness of undertaking fire safety measures for the RMG sector of Bangladesh.