• 제목/요약/키워드: Risk Analysis Model

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Fraud Risk Management Model: A Content Analysis Approach

  • MADAH MARZUKI, Marziana;NIK ABDUL MAJID, Wan Zurina;AZIS, Nur Kamaliah;ROSMAN, Romzie;HAJI ABDULATIFF, Nik Kamaruzaman
    • The Journal of Asian Finance, Economics and Business
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    • 제7권10호
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    • pp.717-728
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    • 2020
  • The objective of this study is to explore the whole process of fraud risk management strategies that should be implemented by the organizations. Secondly, this study discusses the governance issues that arise at each stage of the process. For the purpose of this study, a content analysis of previous literatures is used as a technique for gathering data. This process usually involves codifying qualitative and quantitative information into pre-defined categories in order to derive patterns in the presentation and reporting of information. Based on our content analysis, we found that the fraud risk management process should be made of at least five stages which are inculcating the culture of managing risks in an organization, identifying the risks, evaluating the risks, determining preventive actions and implementing and reviewing stages. Our extended analysis of the fraud risk management process finds that a lot of governance issues arise in the fraud risk management process that should be solved by regulators and companies in order to ensure that fraud risk management process is embedded as corporate culture, not merely as a process. Among them are how to create the risk culture in an organization and whether auditors and risk management committees identify risks from each available source.

Earthquake hazard and risk assessment of a typical Natural Gas Combined Cycle Power Plant (NGCCPP) control building

  • A. Can Zulfikar;Seyhan Okuyan Akcan;Ali Yesilyurt;Murat Eroz;Tolga Cimili
    • Geomechanics and Engineering
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    • 제35권6호
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    • pp.581-591
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    • 2023
  • North Anatolian Fault Zone is tectonically active with recent earthquakes (Mw7.6 1999-Kocaeli and Mw7.2 1999-Düzce earthquakes) and it passes through Marmara region, which is highly industrialized, densely populated and economically important part of Turkey. Many power plants, located in Marmara region, are exposed to high seismic hazard. In this study, open source OpenQuake software has been used for the probabilistic earthquake hazard analysis of Marmara region and risk assessment for the specified energy facility. The SHARE project seismic zonation model has been used in the analysis with the regional sources, NGA GMPEs and site model logic trees. The earthquake hazard results have been compared with the former and existing earthquake resistant design regulations in Turkey, TSC 2007 and TBSCD 2018. In the scope of the study, the seismic hazard assessment for a typical natural gas combined cycle power plant located in Marmara region has been achieved. The seismic risk assessment has been accomplished for a typical control building located in the power plant using obtained seismic hazard results. The structural and non-structural fragility functions and a consequence model have been used in the seismic risk assessment. Based on the seismic hazard level with a 2% probability of exceedance in 50 years, considered for especially these type of critical structures, the ratios of structural and non-structural loss to the total building cost were obtained as 8.8% and 45.7%, respectively. The results of the study enable the practical seismic risk assessment of the critical facility located on different regions.

P-mSHEL 요인분석 모델을 이용한 방사선종양학과 방사선 안전사고 위험 요인 평가 (Assessment of Radiation Safety Incident Risk Factors in Radiation Oncology Department Using the P-mSHEL Factor Analysis Model)

  • 김영록;김대건;정재홍
    • 대한방사선기술학회지:방사선기술과학
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    • 제47권4호
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    • pp.287-294
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    • 2024
  • Radiation oncology departments are at high risk for potential radiation safety incidents. This study aimed to identify risk factors for these incidents using the P-mSHEL (Patient, Management, Software, Hardware, Environment, and Liveware) model and to evaluate potential accident types through Failure Mode and Effects Analysis (FMEA). FMEA identified seven accident types with high Risk Priority Number (RPN). A total of 56 detailed risk factors were classified using the P-mSHEL model, and measures to prevent radiation safety incidents were implemented. The effect of these preventive measures on workers' safety perception was confirmed through two indicators (FMEA and safety perception). After implementing the preventive measures, the FMEA analysis showed that the highest reduction in RPN was for A-6 (radiation exposure while other patients/guardians are present) with a reduction rate of 33.3%, followed by B-3 (radiation exposure while staff are present) with a reduction rate of 33.3%. Overall safety perception significantly improved after the preventive measures (4.17±0.35) compared to before (2.76±0.33) (p<0.05), with notable increases in both employee safety culture (3.93±0.51) and patient safety culture (3.73±0.62) (p<0.05). This study identified risk factors in radiation oncology departments. Continuous management, maintenance, and fostering a strong safety culture are crucial for preventing incidents. Regular problem identification and collaboration with relevant departments are essential for maintaining safety standards.

건설공사보험 손실액을 활용한 사고원인 분석연구 (An Analysis of Accident Causes in Construction project by Using Insured Claim Payouts)

  • 유영진;김상호;양성필;김지명;손기영
    • 한국건축시공학회:학술대회논문집
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    • 한국건축시공학회 2015년도 추계 학술논문 발표대회
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    • pp.60-61
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    • 2015
  • In recent years, the accidents in construction projects are continuously increasing due to their complexity and variety. However, few studies have been conducted regarding the risk prediction model and the database of risk assessment in construction projects. To address of these issues, the objective of this study is to analyze the accident causes by using insured claim payouts of insurance companies. First, the descriptive analysis of accidents causes is conducted according to scheduling rate, season, and total construction costs. Second, the correlation analysis is conducted between accidents causes and total construction costs. In the future, the risk assessment model can be developed to quantify the accident causes in construction projects to estimate claim payouts of insurance companies.

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GSIS를 이용한 교량의 안전관리시스템 구축 (A GIS-Based Regional Risk Analysis Approach for Bridges)

  • 김성훈
    • 한국지형공간정보학회:학술대회논문집
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    • 한국지형공간정보학회 1994년도 세미나 개요집
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    • pp.32-42
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    • 1994
  • A GIS-based regional risk analysis program to interactively study the vulnerability of bridges in a regional highway network is described. The analysis utilizes three major components. The use of a GIS system as the integrating environment to display geographic data, to handle inquiries and to display the results of a query. A risk model for bridges which can predict the level of damage due to a particular intensity of ground motion at a bridge site. A ground motion attenuation model to predict the intensity of ground motion at a particular bridge. The interactive components are supported by data files which encode characteristics such as potential earthquake sources and magnitudes, and characteristics of the bridges which are important for damage and failure analysis.

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Performance Analysis of Economic VaR Estimation using Risk Neutral Probability Distributions

  • Heo, Se-Jeong;Yeo, Sung-Chil;Kang, Tae-Hun
    • 응용통계연구
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    • 제25권5호
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    • pp.757-773
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    • 2012
  • Traditional value at risk(S-VaR) has a difficulity in predicting the future risk of financial asset prices since S-VaR is a backward looking measure based on the historical data of the underlying asset prices. In order to resolve the deficiency of S-VaR, an economic value at risk(E-VaR) using the risk neutral probability distributions is suggested since E-VaR is a forward looking measure based on the option price data. In this study E-VaR is estimated by assuming the generalized gamma distribution(GGD) as risk neutral density function which is implied in the option. The estimated E-VaR with GGD was compared with E-VaR estimates under the Black-Scholes model, two-lognormal mixture distribution, generalized extreme value distribution and S-VaR estimates under the normal distribution and GARCH(1, 1) model, respectively. The option market data of the KOSPI 200 index are used in order to compare the performances of the above VaR estimates. The results of the empirical analysis show that GGD seems to have a tendency to estimate VaR conservatively; however, GGD is superior to other models in the overall sense.

Utilization of deep learning-based metamodel for probabilistic seismic damage analysis of railway bridges considering the geometric variation

  • Xi Song;Chunhee Cho;Joonam Park
    • Earthquakes and Structures
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    • 제25권6호
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    • pp.469-479
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    • 2023
  • A probabilistic seismic damage analysis is an essential procedure to identify seismically vulnerable structures, prioritize the seismic retrofit, and ultimately minimize the overall seismic risk. To assess the seismic risk of multiple structures within a region, a large number of nonlinear time-history structural analyses must be conducted and studied. As a result, each assessment requires high computing resources. To overcome this limitation, we explore a deep learning-based metamodel to enable the prediction of the mean and the standard deviation of the seismic damage distribution of track-on steel-plate girder railway bridges in Korea considering the geometric variation. For machine learning training, nonlinear dynamic time-history analyses are performed to generate 800 high-fidelity datasets on the seismic response. Through intensive trial and error, the study is concentrated on developing an optimal machine learning architecture with the pre-identified variables of the physical configuration of the bridge. Additionally, the prediction performance of the proposed method is compared with a previous, well-defined, response surface model. Finally, the statistical testing results indicate that the overall performance of the deep-learning model is improved compared to the response surface model, as its errors are reduced by as much as 61%. In conclusion, the model proposed in this study can be effectively deployed for the seismic fragility and risk assessment of a region with a large number of structures.

UAM 비행 경로 계획을 위한 위험 비용 모델 연구 동향 분석 (Research Trend Analysis of Risk Cost Model for UAM Flight Path Planning)

  • 김재현;이동민;이명진;최영훈;권지훈;나종화
    • 한국항행학회논문지
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    • 제28권1호
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    • pp.68-76
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    • 2024
  • 최근 국내외 무인기 시장이 급속도로 성장하고 UAM과 같은 도심 내 UAV 운용의 중요성이 증가함에 따라 UAV의 고장으로 인한 인명 및 재산 피해에 대한 안전 관리 및 규제 체계가 부각되고 있다. 본 연구에서는 안전한 UAM 비행 경로 계획을 위해 운용 지역의 위험을 평가하는 위험 비용 모델들을 비교 분석하고, 각 모델의 주요 한계점을 식별하여 향후 모델 개발 시 고려해야 할 사항들을 도출하였다. 본 연구는 UAM 운용의 안전성 향상을 위한 기초적인 모델을 제공함으로써, UAM 비행 경로 계획 관련 분야의 기술적 개선과 정책 결정에 중요한 기여를 할 것으로 기대된다.

MicroRNA-124 rs531564 Polymorphism and Cancer Risk: A Meta-analysis

  • Li, Wen-Jing;Wang, Yong;Gong, Yu;Tu, Chao;Feng, Tong-Bao;Qi, Chun-Jian
    • Asian Pacific Journal of Cancer Prevention
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    • 제16권17호
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    • pp.7905-7909
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    • 2015
  • Several studies reported there was a polymorphism (rs531564 C > G) in miR-124 gene. To investigate the MiR-124 rs531564 polymorphism and cancer risk. We conducted a literature search of the Medline, Embase and Wangfang Medicine databases to identify all relevant studies for this meta-analysis. We determined that the miR-124 rs531564 polymorphism was significantly associated with decreased risks of cancers in the allelic model (G vs C, OR=0.71, 95% CI=0.53-0.94, P=0.02), homozygote model (GG vs CC, OR=0.42, 95% CI=0.26-0.66, P=0.0002), dominant model (GG/GC vs CC, OR=0.71, 95% CI=0.51-0.98, P=0.04) and recessive model (GG vs GC/CC, OR=0.43, 95% CI=0.27-0.69, P=0.0004). In an analysis stratified by cervical cancer group, significant associations were observed in the allelic model (G vs C, OR=0.46, 95% CI=0.32-0.66, P<0.0001), and dominant model (GG/GC vs CC, OR=0.45, 95% CI=0.3-0.66, P<0.0001). Subgroup analysis also revealed a decreased risk for esophageal squamous cell carcinoma in the homozygote model (GG vs CC, OR=0.45, 95% CI=0.27-0.75, P=0.002) and recessive model (GG vs GC/CC, OR=0.46, 95% CI=0.28-0.75, P=0.002). This meta-analysis suggests that the miR-124 rs531564 C > G polymorphism is an important risk factor for cancers among the Chinese population.

최적화 기법을 활용한 주거형 오피스텔 프로젝트 수지 분석 모델 개발 기초연구 (A Basic Study on Financial Analysis Model Development by Applying Optimization Method in Residential Officetel.)

  • 장준호;김경룡;하선근;손기영
    • 한국건축시공학회:학술대회논문집
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    • 한국건축시공학회 2018년도 춘계 학술논문 발표대회
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    • pp.159-160
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    • 2018
  • The domestic construction industry is changing its preference for demand and supply along with urbanization and economic development. Accordingly, initial risk assessments is more important than before. Currently, the research related to risk analysis except for apartment studies is insufficient. Therefore, the objective is to suggest a basic study on financial analysis model development by applying optimization method in residential officetel. To achieve the objective. first, the previous studies are investigated. Second, the causal loop diagram is structured based on the collected data. Third, the financial model is developed by using optimization method. In the future, the proposed model can be helpful whether or not conduct execution of an officetel development project to the decision makers.

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