• 제목/요약/키워드: External Risk

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Present and Future of Risk Management of Construction Practice in Asia

  • Watanabe, Tsunemi
    • 국제학술발표논문집
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    • The 6th International Conference on Construction Engineering and Project Management
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    • pp.4-5
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    • 2015
  • Owning to rapid infrastructure development, Asia is experiencing dramatic economic growth. There are not a few cases in which, however, economic growth is achieved by increasing the external diseconomy. Pursuit of sustainable development is one of the most important issues for mankind. Under the post-industrial capitalism society, however, there seems a big risk of increase in the external diseconomy worldwide. The objectives of this manuscript are to discuss importance of risk management of construction practice in present and future. Regarding the latter, a particular attempt is made to discuss how project risk communication should be done to reduce the external diseconomy. Presently, one of the important issues in implementation of infrastructure projects is practice of risk management to properly manage time, cost, quality, and safety: mainly maximization of internal economy. Multi-party risk and uncertainty management process (MRUMP) is one of tolls to assist it. The idea on MRUMP can be used to reduce the external diseconomy through identifying, sharing, and tuning people's rhythms.

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The Influence of Organizational External Factors on Construction Risk Management among Nigerian Construction Companies

  • Adeleke, A.Q.;Bahaudin, A.Y.;Kamaruddeen, A.M.;Bamgbade, J.A.;Salimon, Maruf Gbadebo;Khan, Muhammad Waris Ali;Sorooshian, Shahryar
    • Safety and Health at Work
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    • 제9권1호
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    • pp.115-124
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    • 2018
  • Background: Substantial empirical research has shown conflicting results regarding the influence of organizational external factors on construction risk management, suggesting the necessity to introduce a moderator into the study. The present research confirmed whether rules and regulations matter on the relationships between organizational external factors and construction risk management. Methods: Based on discouragement and organizational control theory, this research examined the effects of organizational external factors and rules and regulations on construction risk management among 238 employees operating in construction companies in Abuja and Lagos, Nigeria. A personally administered questionnaire was used to acquire the data. The data were analyzed using partial least squares structural equation modeling. Results: A significant positive relationship between organizational external factors and construction risk management was asserted. This study also found a significant positive relationship between rules and regulations and construction risk management. As anticipated, rules and regulations were found to moderate the relationship between organizational external factors and construction risk management, with a significant positive result. Similarly, a significant interaction effect was also found between rules and regulations and organizational external factors. Implications of the research from a Nigerian point of view have also been discussed. Conclusion: Political, economy, and technology factors helped the construction companies to reduce the chance of risk occurrence during the construction activities. Rules and regulations also helped to lessen the rate of accidents involving construction workers as well as the duration of the projects. Similarly, the influence of the organizational external factors with rules and regulations on construction risk management has proven that most of the construction companies that implement the aforementioned factors have the chance to deliver their projects within the stipulated time, cost, and qualities, which can be used as a yardstick to measure a good project.

DEVELOPMENT OF AN INTEGRATED RISK ASSESSMENT FRAMEWORK FOR INTERNAL/EXTERNAL EVENTS AND ALL POWER MODES

  • Yang, Joon-Eon
    • Nuclear Engineering and Technology
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    • 제44권5호
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    • pp.459-470
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    • 2012
  • From the PSA point of view, the Fukushima accident of Japan in 2011 reveals some issues to be re-considered and/or improved in the PSA such as the limited scope of the PSA, site risk, etc. KAERI (Korea Atomic Energy Research Institute) has performed researches on the development of an integrated risk assessment framework related to some issues arisen after the Fukushima accident. This framework can cover the internal PSA model and external PSA models (fire, flooding, and seismic PSA models) in the full power and the low power-shutdown modes. This framework also integrates level 1, 2 and 3 PSA to quantify the risk of nuclear facilities more efficiently and consistently. We expect that this framework will be helpful to resolve the issue regarding the limited scope of PSA and to reduce some inconsistencies that might exist between (1) the internal and external PSA, and (2) full power mode PSA and low power-shutdown PSA models. In addition, KAERI is starting researches related to the extreme external events, the risk assessment of spent fuel pool, and the site risk. These emerging issues will be incorporated into the integrated risk assessment framework. In this paper the integrated risk assessment framework and the research activities on the emerging issues are outlined.

Development of a human reliability analysis (HRA) guide for qualitative analysis with emphasis on narratives and models for tasks in extreme conditions

  • Kirimoto, Yukihiro;Hirotsu, Yuko;Nonose, Kohei;Sasou, Kunihide
    • Nuclear Engineering and Technology
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    • 제53권2호
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    • pp.376-385
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    • 2021
  • Probabilistic risk assessment (PRA) has improved its elemental technologies used for assessing external events since the Fukushima Daiichi Nuclear Power Station Accident in 2011. HRA needs to be improved for analyzing tasks performed under extreme conditions (e.g., different actors responding to external events or performing operations using portable mitigation equipment). To make these improvements, it is essential to understand plant-specific and scenario-specific conditions that affect human performance. The Nuclear Risk Research Center (NRRC) of the Central Research Institute of Electric Power Industry (CRIEPI) has developed an HRA guide that compiles qualitative analysis methods for collecting plant-specific and scenario-specific conditions that affect human performance into "narratives," reflecting the latest research trends, and models for analysis of tasks under extreme conditions.

API-581에 의한 정량적 위험기반검사에서 스테인리스강의 외부부식에 의한 사고발생 가능성 해석 (- Analysis of Likelihood of Failure for the External Corrosion of Stainless Steel through the Quantitative Risk Based Inspection Using API-581 -)

  • 이헌창;김환주;김태옥
    • 대한안전경영과학회지
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    • 제6권3호
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    • pp.99-107
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    • 2004
  • Likelihood of failure (LOF) for the external corrosion of stainless steel, which affect to a risk of facilities, was analyzed quantitatively through the risk based inspection using API-581 BRD. We found that the technical module subfactor (TMSF) decreased as the inspection number increased and it increased as the inspection effectiveness and the used year increased, and that the TMSF showed high value for the case of the marine/cooling tower drift area as a corrosion driver, In this condition, the LOF for the external corrosion of stainless steel had lower than that for the carbon and low alloy steels

A Multilevel Project-Oriented Risk-Mining Framework for Overseas Construction Projects

  • Son, JeongWook;Lee, JeeHee;Yi, June-Seong
    • 국제학술발표논문집
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    • The 6th International Conference on Construction Engineering and Project Management
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    • pp.39-40
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    • 2015
  • As international construction market increases, the importance of risk management in international construction project is emphasized. Unfortunately, current risk management practice does not sufficiently deal with project risks. Although a lot of risk analysis techniques have been introduced, most of them focus on project's external unexpected risks such as country conditions and owner's financial standing. However, because those external risks are difficult to manage and take preemptive action, we need to concentrate on project inherent risks. Based on this premise, this paper proposes a project-oriented risk mining approach which could detect and extract project risk factors automatically before they are materialized. This study presents a methodology regarding how to extract potential risks which exist in owner's project requirements and project tender documents using state of the art data analysis method such as text mining. The project-oriented risk mining approach is expected to effectively reflect project characteristics to the project risk management and could provide construction firms with valuable business intelligence.

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API-581에 의한 정량적 위험기반검사에서 탄소강 및 저합금강의 외부부식에 치한 사고발생 가능성 해석 (- Analysis of Likelihood of Failure for the External Corrosion of Carbon and Low Alloy Steels through the Quantitative Risk Based Inspection using API-581 -)

  • 이헌창;김환주;장서일;김태옥
    • 대한안전경영과학회지
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    • 제6권4호
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    • pp.239-248
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    • 2004
  • Likelihood of failure for the external corrosion of carbon and low alloy steels, which affect to a risk of facilities, was analyzed quantitatively through the risk based inspection using API-581 BRD. We found that the technical module subfactor (TMSF) decreased as the inspection number increased and it increased as the Inspection effectiveness and the used year increased. In this condition, the TMSF showed high value for the case of the marine/cooling tower drift area as a corrosion driver, poor quality of coating, no insulation, and low insulation condition.

A View from the Bottom: Project-Oriented Risk Mining Approach for Overseas Construction Projects

  • Lee, JeeHee;Son, JeongWook;Yi, June-Seong
    • 국제학술발표논문집
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    • The 6th International Conference on Construction Engineering and Project Management
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    • pp.97-100
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    • 2015
  • Analysis of construction tender documents in overseas projects is a very important issue from a risk management point of view. Unfortunately, majority of construction firms are biased by winning contracts without in-depth analysis of tender documents. As a result, many contractors have incurred loss in overseas projects. Although a lot of risk analysis techniques have been introduced, most of them focus project's external unexpected risks such as country conditions and owner's financial standing. However, because those external risks are difficult to control and take preemptive action, we need to concentrate on project inherent risks. Based on this premise, this paper proposes a project-oriented risk mining approach which could detect and extract project risk factors automatically before they are materialized and assess them. This study presents a methodology regarding how to extract potential risks which exist in owner's project requirements and project tender documents using state of the art data analysis method such as text mining, data mining, and information visualization. The project-oriented risk mining approach is expected to effectively reflect project characteristics to the project risk management and could provide construction firms with valuable business intelligence.

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An Evaluation Method for Tornado Missile Strike Probability with Stochastic Correlation

  • Eguchi, Yuzuru;Murakami, Takahiro;Hirakuchi, Hiromaru;Sugimoto, Soichiro;Hattori, Yasuo
    • Nuclear Engineering and Technology
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    • 제49권2호
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    • pp.395-403
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    • 2017
  • An efficient evaluation method for the probability of a tornado missile strike without using the Monte Carlo method is proposed in this paper. A major part of the proposed probability evaluation is based on numerical results computed using an in-house code, Tornado-borne missile analysis code, which enables us to evaluate the liftoff and flight behaviors of unconstrained objects on the ground driven by a tornado. Using the Tornado-borne missile analysis code, we can obtain a stochastic correlation between local wind speed and flight distance of each object, and this stochastic correlation is used to evaluate the conditional strike probability, $Q_V(r)$, of a missile located at position r, where the local wind speed is V. In contrast, the annual exceedance probability of local wind speed, which can be computed using a tornado hazard analysis code, is used to derive the probability density function, p(V). Then, we finally obtain the annual probability of tornado missile strike on a structure with the convolutional integration of product of $Q_V(r)$ and p(V) over V. The evaluation method is applied to a simple problem to qualitatively confirm the validity, and to quantitatively verify the results for two extreme cases in which an object is located just in the vicinity of or far away from the structure.

낭비수준과 외부위험에 영향을 받는 공급망 성과 평가 (Evaluation of Supply Chain Performance Affected by Waste Level and External Risk)

  • 최종문;김채복
    • 예술인문사회 융합 멀티미디어 논문지
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    • 제6권6호
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    • pp.395-402
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    • 2016
  • 과학기술의 발전과 수요의 변화로 인해 기업들은 빠른 환경변화에 직면하고 있다. 기업들은 이러한 환경변화에 대응하기 위해 공급망의 역량을 강화하기 위해서 노력하고 있다. 개선과정에서는 공급망의 참여자들 간의 협력적인 관계가 중요하며, 기업들은 내부적 활동을 다른 조직들에게 외주를 지고 프로세스 상에서의 낭비를 제거하기 위해 노력하고 있으며, 결과적으로 공급망은 지속적으로 간결하고 효과적인 상태가 되어간다. 본 연구는 외부 위험 하에서 낭비수준의 정도가 공급망 성과에 미치는 영향을 확인하고자 한다. 본 연구의 결과는 낭비 수준이 공급망 성과에 음의 영향을 미치고 있음을 보여준다. 또한 공급망 성과에 대한 낭비수준의 영향을 조직이 직면한 위험상황에 따라서 다르게 나타나고 있음을 보여준다. 즉 낭비의 수준이 높을수록 위험은 낭비수준과 공급망 성과 사이에서 조절효과가 있다. 이는 공급망 성과를 개선하기 위해서 내부적 효율성을 강화하는 것이 중요하지만, 외부적 위험을 적절히 관리하는 것이 우선적으로 선행되어야 함을 시사한다.