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The cost analysis of an accident is an essential component of safety management, as it helps organizations understand the economic impact of accidents and justify investments in accident prevention measures. Under the safety philosophy and principles of accident prevention, cost analysis provides a structured approach to quantify both direct and indirect losses, enabling informed decision-making for improving workplace safety. Several approaches are used for analyzing accident costs, each with its own scope and methodology. One common approach is the *Direct Cost Analysis*, which focuses on tangible expenses directly associated with the accident. These include medical expenses for injured workers, compensation payments, repair _____ ____ _____ _______ _______ _________ ________ __________ _____ ___ ____.
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