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A primary goal in risk management for contractors is to reduce the likelihood of accidents and claims. This focus is essential because construction work inherently involves various hazards and uncertainties that can lead to injuries, property damage, or financial losses. By proactively identifying and mitigating these risks, contractors can create a safer working environment, which not only protects workers but also helps to minimize financial liabilities associated with accidents and claims.

This approach fosters a culture of safety and responsibility on the job site, which can lead to fewer disruptions, improved worker morale, and ultimately, successful project completion. Moreover, effective risk management can also positively impact a contractor's reputation and their relationship with clients, as successful risk mitigation often translates into higher overall project quality and reliability.

In contrast, increasing project complexity might introduce more variables and potential risks, ensuring client satisfaction at all costs may lead to compromising safety measures, and minimizing documentation can disregard the crucial role that records play in identifying risks and responsibilities. Hence, the most prudent focus for contractors engaged in risk management is clearly on reducing the likelihood of accidents and claims.