• Title/Summary/Keyword: Quantitative risk assessment and management

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A study on the quantitative risk grade assessment of initial mass production for weapon systems (초도양산 군수품에 대한 정량적 위험등급평가 방안 연구)

  • Jung, Yeongtak;Ham, Younghoon;Roh, Taegoo;Ahn, Manki;Ko, Kyungwa
    • Journal of Korean Society for Quality Management
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    • v.46 no.3
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    • pp.441-452
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    • 2018
  • Purpose: The purpose of this paper is to study quantitative risk grade assessment for objective government quality assurance activities based on risk management in initial mass production for weapon systems. Methods: The Defense quality management regulations and foreign risk assessment documents are referred to analyze problems performing quality assurance actives. The failure rate data, maintainability and cost of products have been studied to quantify the risk Likelihood and impact. The analyzed data were classified as risk grade assessment through K-means Cluster Analysis method. Results: Results show that a proposed method can objectively evaluate risk grade. The analyzed results are clustered into three levels such as high, middle and low. Two products are allocated high, eleven low and seven middle. Conclusion: In this paper, quantitative risk grade assessment methods were presented by analyzing risk ratings based on objective data. The findings showed that the methods would be effective for initial mass production for weapon systems.

A Study on the Procedure of Quantitative Risk Assessment for High Pressure Natural Gas Pipeline (도시가스 고압배관의 정량적 위험평가 절차에 관한 연구)

  • Lee, Kyung-Sik;Jo, Young-Do;Ryou, Young-Don;Ko, Jae-Wook
    • Journal of the Korean Institute of Gas
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    • v.12 no.2
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    • pp.25-31
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    • 2008
  • Recently risk management based on a quantitative assessment is considered to improve the level of safety in Korea. This paper focuses on the procedure of the quantitative risk assessment for natural gas pipelines. For that purpose, the methods to estimate failure frequency based on failure causes from European Gas Pipeline Incident Data Group and BG Transco, to analyze consequence caused by fire, and to calculate individual risk and societal risk have been proposed systematically in this paper. Risk criteria of individual risk and societal risk have been proposed by considering the environment of pipeline route in Korea. The proposed procedure of quantitative risk assessment may be useful for risk management during the planning and building stages of a new pipeline, and modification of buried pipeline.

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A Study of Qualitative and Quantitative Risk Assessment for Highway Safety Facilities (고속도로 교통안전시설물의 정성적 및 정량적 위험도분석 연구)

  • Ji, Dong-Han;O, Yeong-Tae;Choi, Hyun-Ho
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.4
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    • pp.99-109
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    • 2007
  • Risk elements of highway safety facilities are affected by complex environments. Thus, risk-based approach for traffic safety facilities is needed. For this, in this study, qualitative and quantitative risk assessment methodology and procedure for highway safety facilities is proposed, which can be used as risk-based approach incorporating VE process. Also, for the quantitative risk assessment, event tree using EPDO(Equivalent Property Damage Only) with respect to frequency and magnitude of risk events is introduced. As a result, risk index of alternative 1(140cm) and 2(127(cm) which can be used as performance factor in VE approach are estimated.

Health Risk Assessment on Environmental Pollutants (환경오염물질의 건강위해성 평가)

  • 신동천
    • Journal of environmental and Sanitary engineering
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    • v.8 no.2
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    • pp.11-24
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    • 1993
  • Methodology for health risk assessment has been developed by governmental agencies and research institutions in the United States concerning environmental and industrial health such as Environmental Protection Agency, Pood and Drug Administration, and Occupational Safety and Health Administration. The basic concept, process, and scientific rational of the health risk assessment are discussed in order to introduce this field of research for future application to risk assessment and management in Korea. As environmental criteria for most of the environmental carcinogens and nonfarcinogens are set based on the quantitative risk assessment, this quantitative methodology should be emphasized and studied in Korean situation.

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Case Studies of Risk Assessment in Analyzing Risks Associated with MSDS

  • Kim, Woo Jin;Jeong, Byung Yong
    • Journal of the Ergonomics Society of Korea
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    • v.32 no.1
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    • pp.153-158
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    • 2013
  • Objective: This study aims to suggest different approaches in analyzing risks associated with musculoskeletal disorders (MSDS) for risk assessment. Background: Upon concluding that the changes in the industrial environments have made it hard to regulate diverse risk factors, the government has implemented a policy for risk assessment. Method: This study has proposed a method, creating programs using Excel that perform qualitative or quantitative analysis, for evaluating risk factors in risk assessments and has applied this in manufacture and service industries. Results: To verify the validity of the developed program, risk assessment has been performed on restaurant chefs as an example. For quantitative evaluation, the study has suggested approaches using the results for REBA evaluation and the analysis report on the work scenes of a fitting-shop in a shipbuilding industry. Application: Constructing and adapting a system using Excel in evaluating risk factors for risk assessments as this study suggests, is expected to contribute to revitalizing risk assessments.

Management Approach Based on Quantitative Risk Assessment (정량적 리스크 평가를 기초로 한 경영관리)

  • Jung, Won
    • Journal of Applied Reliability
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    • v.8 no.4
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    • pp.167-179
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    • 2008
  • System risk is the totality of all safety risks to customers, employees, suppliers, and other third parties that arise due to system operations. To assess the risk of major hazards with the potential to cause fatality to the customers and other members of the public, quantitative risk assessment methodologies are used. This paper presents the general principles of risk based management approach to improve the safety of high risk systems such as aviation, railway, and nuclear power plants. For the suitable risk control arrangement, case studies of acceptable risk level, risk rating matrix, and safety management philosophy are presented.

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An Evaluation of the Quantitative Risk of Plastic Process Manufacturing Industries by Means of the 4M Method

  • Lee, Dong-Ho;Kim, Jong-In
    • International Journal of Safety
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    • v.6 no.2
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    • pp.8-12
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    • 2007
  • This study includes a case study among plastic process manufacturing companies, based on which, the currently used 4M method is applied in terms of machine, media, man, and management, to conduct quantitative risk evaluation, and thus to contribute to reducing human and material loss as well as preventing accidents in industrial fields. The result of this study is analyzed based on the 4M-risk assessment to find out the hazardous risk elements, and the quantitative evaluation made it predictable the value of risk(frequency $\times$ intensity) in such classified levels as serious risk, critical risk, and intolerable risk. Further, Among the businesses with hazardous risk elements and high frequency of industrial disaster, risk analysis was conducted for each process, and as a result, 38 cases among 76, including those of serious risk, critical risk, and intolerable risk, were improved, and the risk was reduced. Besides, it is thought that with the engineering approach with 4M-Risk Assessment, the attempt to improve safety level contributes to prevention of accidents.

Market Expansion Strategies for Small or Medium-sized Construction Companies by Developing Quantitative Risk Assessment Model

  • Yoo, Jinhyuk;Koh, Seungyoon;Seo, Induck;Cha, Heesung
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.742-743
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    • 2015
  • Korean construction industry has developed with national economy growth for a couple of decades. However, because of slump of real estate, the domestic construction industry was intimidated. In this situation, many construction company has no choice but to go abroad to find construction projects. However, almost small or medium-sized construction companies are very hard to operate their business because they have small funding ability and weak labor power. Therefore, this study aims to propose an assessment tool through analyzing risk factors of overseas construction projects for small or medium-sized companies by examining preceding research and interviewing industry experts. Weights of the risk factors are determined through the surveys of the industry practitioners. All of the data is configured into the assessment tool and this converts the quantitative information which leads to the optimal of strategies choice. This paper provides a quantitative measurement of possible performance and detailed assessment of each itemized risk factors. This assessment tool is qualified for industry experts so that it can safely be applied to the future projects. Ultimately, many small or medium sized construction companies will benefit from the tool proposed in this study to examine the potential of the overseas market expansion.

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Procedure of Quantitative Safety Assessment for Risk Management System (위험관리시스템 구축을 위한 정량적 안전평가 절차)

  • Jung, Won
    • Journal of Applied Reliability
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    • v.9 no.3
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    • pp.165-176
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    • 2009
  • The risk management case is an organization's formal arrangement to ensure the safety of its work activity within risk management system. It allows an organization to demonstrate its capability in achieving its safety objectives and in meeting regulatory requirements. This paper presents how the safety assessments are described, prepared and maintained to meet the criteria specified by the upcoming safety regulations. We propose the elements of risk management system that include arrangements for the ongoing identification of hazards, assessment of risks and the implementation of necessary control measures.

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A Development on the Safety Management Information System in Building Work (빌딩공사의 안전관리정보시스템 개발)

  • Park, Jong-Keun
    • Journal of the Korean Society of Safety
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    • v.20 no.4 s.72
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    • pp.71-77
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    • 2005
  • There are insufficient models that find problems and solutions for accident prevention through risk assessment and suggest safe work process and work instruction from foundation works to finish work for accident decrease. This paper presents a quantitative risk assessment model by analysis of risk factors in each process such as foundation, erection, structure, equipment finish and etc based on accident examples and investigation on actual condition in building. In addition, the safety management system was developed to perform risk assessment of construction and use it for effective safety training for labor.