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Best Value Solution Development

Best Value Solution means an optimized solution that maximizes effectiveness and minimizes the cost of implementation. A Best Value Solution has staying power and will facilitate some measure of improvement in the immediate department. It also contributes to the accomplishment of the corporation’s mission and supports the corporation’s culture and brand.

The results of the Risk Evaluation are the starting point for the development of a Best Value Solution for each risk exposure. A key to developing the Best Value Solution is accurately identifying all of the primary root causes that create and maintain the risk exposure. This is accomplished during the Risk Evaluation phase by carefully gaining intimate knowledge of all aspects of the corporation’s operations, business practices, and safety culture that could contribute to risk exposures.

Developing the Best Value Solution for a risk exposure is a collaborative and iterative effort involving HGI’s safety professionals and the Client’s responsible associates. This process will help ensure that the solution will satisfy not only the risk exposure, but also the following important organizational objectives:
  • Solution is a good fit with the organization, works operationally, and does not create new problems
  • Solution is the simplest solution possible that satisfies all other objectives
  • Solution is the least expensive solution possible that satisfies all other objectives
  • Solution produces a measurable return on investment consistent with corporate objectives
  • Solution is maintainable and will survive the demands of the environment
  • Solution satisfies all applicable regulatory requirements from federal, state, and local authorities

The Best Value Solution developed with complete knowledge of the root causes and full involvement by the responsible associates will help to ensure a successful Best Value Solution Implementation.

If you would like more information, or believe your firm could benefit from HGI's expertise, we invite you to
contact us. Our engineers are trained to listen to your needs and concerns, and help you move forward to find
the Best Value Solution.


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