• Title/Summary/Keyword: Practical Management

Search Result 5,736, Processing Time 0.033 seconds

PRACTICAL APPROACHES TO RISK MANAGEMENT FOR GLOBAL CONTRACTORS

  • Seung Heon Han;Du Yon Kim;Han Him Kim
    • International conference on construction engineering and project management
    • /
    • 2005.10a
    • /
    • pp.1231-1236
    • /
    • 2005
  • Global construction projects manifest more risks than do other industries. Often, firms doing business in construction markets find these risks intimidating. To secure corresponding profits, many global contractors attempt to forecast the effects of risks and establish risk management strategies. However, one key problem with present-day risk management methods is that they are basically analytical or mathematical-oriented approaches which are not easy to adopt in real business. Based on preliminary investigations and evaluations of current tools, this research elicits more practical algorithms for risk checklist by constructing risk scenarios over the whole period of project execution. For the application of the algorithms, a "SE/RF" (Source-Event/Regular-Floating) checklist is suggested, which sorts out risk sources and their subsequent events, as well as dividing various risk factors into either regular or floating categories. In addition, the "PIS" (Probability-Impact-Significance) method is introduced, in place of traditional "PI" (Probability-Impact) methods, by adding the additional criterion of "risk significance" to determine the degree of risk exposure in a more realistic way. As a result, we draw the significant finding that the "PIS" method presents a closer evaluation regarding degree of risk exposure as compared to the level of expert judgments than those from traditional methods. Finally, we provide an integrated procedure for international project risk management with all of the research achievements being incorporated.

  • PDF

IMPLEMENTATION OF TRL TOOLS TO KOREAN NATIONAL CONSTRUCTION AND TRANSPORTATION R&D PROJECTS FOR IMPROVING PRACTICAL USE

  • Namgyun Kim;Byungho An;Jaehong Choi;Hyunseok Lee;Sanghyuk Park;Yeasang Kim
    • International conference on construction engineering and project management
    • /
    • 2013.01a
    • /
    • pp.608-615
    • /
    • 2013
  • The major countries including Korea extend the national investment on R&D and implement the business performance diffusion policy as the knowledge based competition age arrives recently. The necessity for risk management and systematic management system for R&D achievement have been appeared to prevent the failure as the R&D scale becomes larger as it was said. For this matter, the organization such as NASA and DoD in USA defines the Technology Readiness Level (TRL) as a quantitative accomplishment management index and utilize the Technology Readiness Assessment (TRA) system as a criterion. Such tool is evaluated as very effective in the R&D project purposed the practicalization. It is expected that the disadvantage of evaluation system which is oriented to the academic accomplishment in its contents of current research and to contribute greatly to the practicalization of outcomes when such technology readiness level concept is applied to Korean national construction and transportation R&D project. Accordingly, this study analyzed the concept of TRL·TRA, the characteristics and current evaluation management system of Korean national construction and transportation R&D project and suggested the construction and transportation R&D project TRL·TRA performance model to accomplish the practicalization purpose.

  • PDF

Read Rate Analysis of RFID Gen 2 Tag in Frozen Seafood Traceability Systems (냉동수산물 이력제 식별수단으로써의 RFID Gen 2 태그의 인식률 분석)

  • Kim, Jin-Baek;Lee, Dong-Ho
    • The Journal of Fisheries Business Administration
    • /
    • v.38 no.1 s.73
    • /
    • pp.115-132
    • /
    • 2007
  • Implementing the automatic identification in supply chain management is essential for effective and efficient process control. Though the GTIN based bar code system is generally used as an automatic identification method in most industries, it can not identify individual item, and is not appropriated for products' reliability and safety management. So the RFID system with EPC is considered as a better solution for resolving those problems. This study reviewed automatic identification code systems and the attributes and characteristics of RFID Gen 2 which became a global standard recently for supply chain management. Particularly, this study analyzed RFID Gen 2 systems' read rates on various conditions including distances between tags and readers and between antennas, condensation, and several packing materials in practical supply chain environment. The results of this study showed that the RFID Gen 2 had high read ratio in practical application and would be adopted as a new automatic identification means for traceability systems.

  • PDF

The Weights Analysis of Evaluation Areas and Items for the Informatization Program by means of the AHP (AHP기법을 이용한 정보화지원사업 평가영역 및 평가항목별 가중치 분석)

  • Kim, Sang-Hoon;Choi, Jeom-Ki
    • Journal of the Korean Operations Research and Management Science Society
    • /
    • v.32 no.2
    • /
    • pp.123-140
    • /
    • 2007
  • This study focuses on establishing theoretically-reasonable framework of evaluation areas and items for the informatization program and analyzing the weights for each area and item by means of the AHP. To obtain the goal of this research, firstly, based on broadly reviewing previous literature and logical reasoning, the evaluation criteria were Identified and conceptualized, which were 3 evaluation phases, 5 evaluation areas, and 22 evaluation items. Secondly, The data used for calculating the weight values for the evaluation criteria were collected from 48 academic and practical experts in the field of the informatization program promotion using internet survey. Thirdly, the relative weights among evaluation phases, evaluation areas, and its items were derived by AHP analysis. The findings of this study are thought not only to be useful as a practical guideline in performing evaluating the informatization program but also to provide significant basis for constructing the theoretical framework of evaluating method and management of the informatization program.

Integration of multi-functional system using relational database and graphical user interface (관계형데이타베이스와 그래픽사용자 인터페이스를 이용한 설계시스템의 통합화)

  • 이종갑;서승완;김준호
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 1994.04a
    • /
    • pp.519-526
    • /
    • 1994
  • In the large and multifunctional engineering system, the heterogeneous computer system situation is inevitable. Accordingly a lot of integration efforts are being made to comply with the industrial requirement of productivity. In this paper, a practical concept of integration is introduced through the development of a prototype system for ship outfitting design which is a typical example of large/multi-functional application system. On the development of the prototype system, three points are considered as a practical concept-which are integration of database, integration of application programs, and system-user interface. The relation model based commercial database management system(RDBMS) is used to build the project integrated database, and the graphical user interface tool(OSF/Motif) on X-window system is used for the integration of application programs and the user interface.

Order Communication System for Clinical Laboratory Tests (임상병리검사 처방전달 시스템)

  • 차은종;이태수
    • Journal of Biomedical Engineering Research
    • /
    • v.14 no.4
    • /
    • pp.355-364
    • /
    • 1993
  • Clinical laboratory order communication system was developed to run fast and effective laboratory tests at the Chungbuk National University Hospital. The present system incorporated with the main Hospital Management Information System accepts :aboratory orders, classifies them based on the predefined logical system, and outputs various practical informations for the user. These assist sample taking, sample management, and work plan organization. A special care was taken to the sample management by introducing the bar code system. The system was written in the INFOS hierarchical database and COBOL, and is currently in the practical use for both in - and out-ward patients. The present system enabled fast and effective data communication as well as reducing the time and man power indispensable when the manual slips are used for order communication.

  • PDF

POSSIBLITIES AND LIMITATIONS OF THE APPLICATION OF POERATIONS RESEARCH TECHNIQUE TO REGIONAL PLANNING: WITH A CASE IN KOREA

  • Kim An-Jae
    • Journal of the Korean Operations Research and Management Science Society
    • /
    • v.1 no.1
    • /
    • pp.89-94
    • /
    • 1976
  • Many techniques have been applied to comprehensive regional planning through the processes of goal-building, research and analysis, plan-establishing, implementation-scheduling, and evaluation. Operations research(OR) is one of those techniques. OR has been developed in such fields of military operations, industrial engineering and business management during the last three decades in several developed western countries. It is a recent tendency for public administrators and researchers to be interested in OR for their scientific decision making. Therefore, we see that OR has not only a weak basis on, but a few practical applications to urban and regional planning. Such situation is worse in developing countries. This paper aims at investigating the possible basis and limitations or obstacles of OR application to public decision making, especially regional planning. A practical example of OR application to regional planning in Korea and its evaluation will be introduced.

  • PDF

Practical Attacks on Hybrid Group Key Management for SOHAN

  • Liew, Jiun-Hau;Ong, Ivy;Lee, Sang-Gon;Lim, Hyo-Taek;Lee, Hoon-Jae
    • Journal of information and communication convergence engineering
    • /
    • v.8 no.5
    • /
    • pp.549-553
    • /
    • 2010
  • Lim et al. proposed a Hybrid Group Key Management scheme for Hierarchical Self-Organizing Sensor Network in 2008 to provide a secure way to pass down the group key for cluster-based communication. This paper presents two practical attacks on the scheme proposed by Lim et al. by tampering sensor nodes of a cluster to recover necessary secret keys and by exploiting the IDS employed by the scheme. The first attack enables a long-term but slow data fabrication while other attack causes more severe DoS on the access to cluster sensor nodes.

Redesigning education programs for alleviating disaster response officials' stress·PTSD and it's empirical analysis for effectiveness (-재난대응공무원의 스트레스 및 PTSD 완화 교육프로그램 재설계 및 교육효과 실증분석-)

  • Park, Chan-Seok
    • Journal of the Korea Safety Management & Science
    • /
    • v.16 no.4
    • /
    • pp.147-157
    • /
    • 2014
  • Firefighters receive extreme stress and suffer from PTSD in disaster. But we have not been paid attention to them. The purpose of this study is to analyze the problems of previous PTSD education programs in fire academy and to present the practical educational programs for firefighters to use in the disaster field. In the empirical analysis of this practical educational programs(EFT program), this program is more effective than existing theory-focused education training program.

Deriving an Overall Evaluation Index with Multiple CTQs in Six Sigma Management

  • Ko, Seoung-Gon;Cho, Yong-Jun
    • Journal of the Korean Data and Information Science Society
    • /
    • v.19 no.4
    • /
    • pp.1255-1267
    • /
    • 2008
  • Evaluation indices for products or services are important to improve the internal process of the company and to compare those with competitive ones. The sigma level in Six Sigma management does important role to evaluate the core characteristic, CTQ(Critical To Quality), derived in the considered product/service or process. In this research, we propose an overall evaluation index for the product/service or process with multiple characteristics, in other words, multiple CTQs. The proposed overall evaluation index is useful for the cases that the single CTQ is not enough to evaluate the practical interests, for example, the final products and services with complex procedures and relatively large scaled processes. This approach is discussed with sigma level for applying Six Sigma Projects, however, it is applicable to indices based on proportion or percentage as well. The practical examples with a manufacturing process and a customer survey based on focus group interview are given for illustrations.

  • PDF