Abstract: The problem of research is how to manage the cost of occupational safety and health as an innovative costly item. The research basically aims to provide a proposed approach to manage the cost of occupational safety and health. The importance of managing this cost emerge from as it helps to rationalize and reduce costs and consequently maximize profitability and provide the necessary information to rationalize administrative decisions. Previous studies have revealed that there is no actual application to manage the cost of occupational safety and health in industrial facilities. The researcher reached to an approach to manage the cost of occupational safety and health and he used quality function deployment as a tool to accomplish this approach in practical reality and applied to the Suez Cement company by specifying the standard requirements for occupational safety and health, which satisfy the worker's hope with identifying the actual requirements for occupational safety and health, which represent the occupational safety and health costs that are actually spent and determine and evaluate the relation between them. The researcher have reached several out comes the most important of which are that: the current situation of the management of occupational safety and health costs do not achieve the risk reduction in the Suez Cement company, and there is also a statistically significant correlation between the standard requirements for occupational safety and health, and the effectiveness of cost management