• Title/Summary/Keyword: Integrated Risk Management System

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A Study on the Development of Integrated Risk Management System: Object-Oriented Approach (국내 은행금융기관의 통합 위험관리시스템 개발에 대한 연구: 객체지향적 접근)

  • Jung, Chul-Yong
    • Information Systems Review
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    • v.4 no.2
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    • pp.361-376
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    • 2002
  • This paper proposes a framework for integrated credit risk management system in domestic bank financial institutions. Credit evaluation system, loan processing system, credit monitoring system, and credit risk management system are integrated for efficient and effective risk-adjusted performance management in this framework. Risk exposures, not only for each credit, but also for bank's whole credit portfolio need to be measured and analyzed through the concept of Value-at-Risk (VaR). The effects of changes in credit ratings of individual loaners on bank's credit risk exposure are also considered. We tried to model this integrated credit risk management system by using object-oriented modeling language, UML.

Development of Risk Analysis System for Integrated Environmental Management in Korea

  • Shin, Dong-Chun;Kim, Ye-Shin;Park, Sung-Eun;Yang, Ji-Yeon;Lim, Young-Wook
    • Proceedings of the Korea Society of Environmental Toocicology Conference
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    • 2003.10a
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    • pp.162-163
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    • 2003
  • The Eco-2 Project presents a win-win strategy for the environment and for the economy (ECO-2 is an abbreviation of Ecology and Economy), The project was initiated by the Korean Ministry of the Environment to promote the development of an environmental industry technology as a means of driving national development in this sector. Our project work belongs to the category of integrated environment management technology, and is described as a development and utilization of risk assessment and analysis system for integrated environmental management in municipal and industrial areas. The goal of our project is to develop available system software in health and ecological risk assessment and to offer it as Decision Support System (DSS) to aid the effective management of environmental risk in municipal and industrial areas in Korea.

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An Integrated Model of EMS and RMS (환경 경영시스템과 리스크 경영시스템의 통합)

  • Kim Jong-Gurl;Kim Chang-Soo
    • Proceedings of the Korean Society for Quality Management Conference
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    • 2004.04a
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    • pp.321-325
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    • 2004
  • Many companies consider environment management system as the main back-bone system. Also, risk management is considered as hot issue in world wide leading companies. In view of efficiency , it is necessary to combine or integrate the environment management system and the risk management system. In this paper, we aim to propose an approach to integrate the environment management system(ISO 14001) and the risk management system (JIS Q 2001).

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Learning from the UK Disaster Management and Risk Assessment Systems (영국의 재난관리체계 및 재난위험성 평가제도의 도입 및 적용에 관한 연구)

  • Kim, Hak-Kyong;Kang, Wook
    • Korean Security Journal
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    • no.50
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    • pp.11-32
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    • 2017
  • The Civil Contingencies Act 2004 in the United Kingdom provides a comprehensive definition of "Emergency", calling upon the Uk's emergency management to deal with any disaster risk regardless of cause or source. Old contingency plans for civil defense and peacetime emergencies have been integrated into current integrated emergency management. In the UK, emergencies are managed by emergency services and other responders at the local level without direct involvement of central government. On top of this, a classified assessment of the risks of civil emergencies is also conducted on a regular basis, not only at the local level but also at the national level. This research looks into the Uk's emergency management system, including recent changes, and its risk assessment systems. Finally, the research draws policy implications for the development of Korea's disaster management mechanism as follows: 1) Korea should adopt an integrated emergency management system and combine civil defense with peacetime emergency planning, 2) it should create inter-operability between emergency responding organizations such as police, fire and ambulance, and finally 3) it must develop risk evaluating tools, such as a Community Risk Register and National Risk Register, both at the local and the national level. Last but not least, the UK emergency management system cannot be directly lifted from the UK and applied to risks and hazards faced by South Korea. Therefore, cross-cultural synthesis of many national approaches to emergency management is further required particularly for customizing policy to the particular needs of Korea.

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A Study on Countermeasure Strategy on Risk of Human Errors driven by Advanced and Automated Systems Through Consideration of Related Theories (현대의 고도화, 자동화된 시스템이 파생한 휴먼에러에 관한 이론적 고찰을 통한 리스크 대응전략 설정)

  • Shin, In Jae
    • Journal of the Korean Society of Safety
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    • v.29 no.1
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    • pp.86-92
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    • 2014
  • This paper provides an integrated view on human and system interaction in advanced and automated systems, which adopting computerized multi-functional artifacts and complicated organizations, such as nuclear power plants, chemical plants, steel and semi-conduct manufacturing system. As current systems have advanced with various automated equipments but human operators from various organizations are involved in the systems, system safety still remains uncertain. Especially, a human operator plays an important role at the time of critical conditions that can lead to catastrophic accidents. The knowledge on human error helps a risk manager as well as a designer to create and control a more credible system. Several human error theories were reviewed and adopted for forming the integrated perspective: gulf of execution and evaluation; risk homeostasis; the ironies of automation; trust in automation; design affordance; distributed cognition; situation awareness; and plan delegation theory. The integrated perspective embraces human error theories within three levels of human-system interactions such as affordance level, psychological logic level and trust level. This paper argued that risk management process should dealt with human errors by providing (1) reasoning improvement; (2) support to situation awareness of operators; and (3) continuous monitoring on harmonization of human system interaction. This approach may help people to understand risk of human-system interaction failure characteristics and their countermeasures.

Integrated Risk Management System for Intelligent Vehicle (지능형 자동차의 통합 위험 관리 시스템)

  • Yi, Kyongsu;Choi, Jaewoong
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.36 no.12
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    • pp.1503-1510
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    • 2012
  • This paper presents an Integrated Risk Management System (IRMS), which is designed to integrate longitudinal and lateral collision avoidance systems. Indices representing longitudinal and lateral collision risks are designed. From the designed indices, an integrated control strategy is designed. A collision avoidance algorithm is designed to assist the driver in avoiding collisions by using a vehicle-driver-controller integrated linear model. The performance of the proposed algorithm is investigated via computer simulations conducted using the vehicle dynamics software CARSIM and Matlab/Simulink.

The Framework Development of Cloud Computing-based Integrated EHS Management System for Small and Medium Construction Companies (중소건설사를 위한 클라우드 컴퓨팅 기반 EHS 통합관리시스템 프레임워크 개발)

  • Seo, Kwang-Kyu
    • Journal of the Korea Safety Management & Science
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    • v.12 no.4
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    • pp.139-143
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    • 2010
  • The small and medium construction companies are facing potential EHS(Environment, Health & Safety) of major accidents to cause casualties or a financial loss and increasing social responsibility. So, they have to voluntarily accomplish the EHS management system rather than passively with regard to EHS regulation. In this study, the framework of integrated EHS management system is developed based on cloud computing, and construction companies are to materialize self-regulation EHS process of construction workplace and to standardize the total EHS business process using the developed system. The proposed system also provides risk analysis, education/control and continuous improvement for EHS tasks and users can easily access the system on the web at a low price through cloud computing service. Eventually, the integrated system contributes to the managerial improvement by minimizing economic and physical loss caused by construction accidents.

A Study on the Standards for Implementation of Comprehensive Dependability Management System (신뢰성경영시스템 구축을 위한 규격조사)

  • Kim, Jong-Gurl;Jung, Back-Woon;Lee, Mun-Kyo
    • Proceedings of the Safety Management and Science Conference
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    • 2008.11a
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    • pp.589-598
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    • 2008
  • Nowadays worldwide leading companies try to establish more efficient and comprehensive management system for getting high quality, reliability and safety. In this paper, we investigate standards for quality management, dependability management and risk management. We also suggest an integrated and comprehensive system of quality(ISO/TS16949), dependability (IEC60300)and risk(JIS Q2001).

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A Study on 4D CAD and GIS Integrated System for Process Risk Management Model (4D CAD와 GIS의 통합시스템을 통한 프로젝트 단계별 리스크관리 모델에 관한 연구)

  • Jeon, Seung-Ho;Yun, Seok-Heon;Paek, Joon-Hong
    • Journal of the Korea Institute of Building Construction
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    • v.7 no.3
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    • pp.91-98
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    • 2007
  • Recently a construction industry introduces information that brings about many advantages in the early planning phase, design phase and construction phase. Especially it replaces 2D, 3D systems(usually using explanation of drawing information) ai 4D CAD(offering a sort of 4D-having relation of construction schedule and 3D drawing information). Nevertheless a 4D has these benefits, it has limits which are not only usually using 3D modeling but also limit of making full use of practical affairs because of a lack of connecting varietals of progress of work. To solve these uppermost limits, this research is presenting unified systems to use in risk management which are efficient management of space and non-space information, space analysis, making full use of data base, introducing GIS system of easy interaction.

Direction for the management of air pollutants based on health risk in Korea (위해성을 고려한 대기오염물질의 관리 방향)

  • Kim, Young Ju;Kim, Yong Pyo
    • Particle and aerosol research
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    • v.13 no.2
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    • pp.43-52
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    • 2017
  • Policy direction for the management of air quality in Korea has been on the reduction of the average concentrations of the criteria air pollutants such as sulfur dioxide and fine particles. However, recently, risk based management of air pollutants becomes an important issue. In this study, to develop an effective air quality management policy direction in Korea, (1) the fourth Multiple Air Toxics Exposure Study (MATES IV) carried out in the South Coast Air Quality Management District (SQAQMD) in the USA is reviewed and (2) the results are compared with in these in Seoul and (3) policy directions are suggested. It was found that (1) systematic integrated study comprising of measurement, modeling, emission inventory estimation, and risk assessment was essential to estimate the health risk of air pollutants reliably, (2) cancer risk of diesel particle was dominant over other air pollutants, and (3) health risk based emissions were different from amount based emissions. It was suggested that (1) reducing the exposure from hot spots might important to reduce health risk from air pollutants and (2) an integrated air quality management administration system is important for the efficient management of air pollution.