• Title/Summary/Keyword: Risk Importance

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A Study for the Safety Improvement of Track using the Risk Assessment (위험도평가 적용을 통한 궤도시설 안전성 향상에 관한 연구)

  • Lee, Byung-Suk;Yang, Sin-Chu;Park, Yong-Gul
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.1601-1606
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    • 2011
  • The railway system consists of rolling stocks, facilities, electrical system, signaling and operation and so on, organically bound. Recently due to lots of train failures and accidents, especially the derailment related to track irregularity this year, all the people using the train are worried about railway safety and we paved the way for letting them knowing that all components of railway system are so important. As a result, most of developed countries operating railway have used to risk assessment methods about safety management to prevent railroad accidents in advance. The purpose of this paper is to find out how to closely apply to track field for risk assessment methods. Because there is no case to apply to and we're not interested in yet, despite of importance of track, in situations of higher train speed. Therefore, in this study we're going to investigate risk assessment methods and compare enire railway system with track system, eventually we want us try to present to safety management conditions necessary and secure safety improvement in track field.

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A Study on the Risk Assessment Technique of the Underground Space -Focused on Prevention Policy of Fire and Explosion- (지하공간의 위험성 평가수법에 관한 연구 -지하가 화재, 폭발 방재 대책 중심으로-)

  • 박종근;노삼규
    • Fire Science and Engineering
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    • v.15 no.4
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    • pp.64-70
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    • 2001
  • This study suggests fire, explosion safety assessment items and risk assessment technique for underground shopping malls by extracting dangerous elements in the management stage through examination of related accidents, documents and present conditions. This will also suggest importance of seven items to be key indices for a counterplan by classifying characteristics and trends of the large scale, depth and complexity of underground shopping malls.

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Foreign Exchange Risk Control in the Context of Supply Chain Management

  • Park, Koo-Woong
    • Journal of Distribution Science
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    • v.13 no.2
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    • pp.15-24
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    • 2015
  • Purpose - Foreign exchange risk control is in an important component in the international supply chain management. This study shows the importance of the reference period in forecasting future exchange rates with a specific illustration of KIKO currency option contracts, and suggests feasible preventive measures. Research design, data, and methodology - Using monthly Won-Dollar exchange rate data for January 1995~July 2007, I evaluate the statistical characteristics of the exchange rate for two sub-periods; 1) a shorter period after the East Asian financial crisis and 2) a longer period including the financial crisis. The key instrument of analysis is the basic normal distribution theory. Results - The difference in the reference period could lead to an unexpected development in contract implementation and a consequent financial loss. We may avoid foreign exchange loss by using derivatives such as forwards or currency options. Conclusions - We should consider not only level values but also the volatilities of financial variables in making a binding financial contract. Appropriate measures may differ depending on the specific supply chain pattern. We may extend the study with surveys on actual risk measures.

The Impact of IT Project Size and Types on IT Investment Decision Criteria (IT프로젝트 규모와 유형에 따른 IT투자 의사결정기준의 차이)

  • Lee Kukhie
    • Journal of Information Technology Applications and Management
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    • v.12 no.1
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    • pp.191-211
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    • 2005
  • This study investigates the decision criteria used in the context of IT investment decision making and empirically analyzes the impact of IT project size and types on the importance of decision criteria. 5 criteria which have been extracted from the previous studies and industry practices are budget, financial benefits. strategic value. risk, and the degree of proposer's eagerness. Data of 120 IT project proposals have been collected from 5 companies including bank, insurance. and stock trading company. As results of ANOVA test. 7 out of 10 hypothesis have been accepted statistically. That is. the bigger the project size. the higher the evaluation weight of project budget and risk criteria and the lower the weight of proposer's eagerness. And in case of the infrastructure investment type. the emphasis is placed more on strategic value and risk criteria and less on financial benefit and proposer's eagerness. These findings provide insights for both IT practitioners and researchers.

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The Examination of Subgroup-Sensitive Risks and Needs among Delinquent Adolescents in the US

  • Lim, Ji-Young
    • International Journal of Human Ecology
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    • v.8 no.2
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    • pp.47-60
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    • 2007
  • While there is growing evidence regarding the subgroup-sensitive nature of risk factors among delinquent adolescents, researchers have paid little attention to the tracking of risks and needs by subgroups (e.g., gender, ethnicity, and the timing of onset for delinquency) among youth who are currently involved in the juvenile court system. Therefore, greater empirical attention directed toward subgroup-sensitive risk factors experienced by delinquent adolescents is thought to be both timely and necessary. A final convenience sample of 2167 court-involved adolescents in the US was used to specify subgroup-sensitive risks and needs. The results demonstrated that there were various levels of risks according to subgroups associated with gender, ethnicity, and onset for delinquency group. The findings of this study add to the extant literature on delinquency by demonstrating the importance of considering subgroups associated with gender, ethnicity, and the timing of onset for delinquency when practicing treatment or intervention programs with delinquent adolescents.

The Impact of Information System Control and Audit on the Perceived Risk of the Computer Crime in Case of Financial Institutions (정보시스템통제 및 감사가 컴퓨터범죄의 인지된 위험에 미치는 영향: 금융기관을 중심으로)

  • Han, In-Gu;Yun, Jong-Ho
    • Asia pacific journal of information systems
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    • v.5 no.1
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    • pp.112-128
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    • 1995
  • The information system control includes organizational structure, control mechanism, and management tools which contribute to accomplish the goals of information system: asset safeguarding, data integrity, effectiveness, and efficiency. Information system audit is the process to evaluate whether the information system accomplishs the goals. Information system auditor examine the reliability of information system control and suggest recommendations to improve the information system control. Both information system control and information system audit activities contribute to prevent and detect the computer crime for the organization. This paper proposes a causal model of information system control/audit and the perceived risk of computer crime, and tests the model using a survey on 38 financial institutions in Korea. Statistical results show that information system control and audit significantly reduce the computer crime risk perceived by the user group. The general control has a stronger impact than the application control. In addition, it turns out that the greater the deviation between the importance and the actual level of information system control is, the higher the perceived risk of computer crime is.

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A Study on safety improvement of Domestic Construction Industry subject to Design for Safety review (설계안전성 검토 시행에 따른 국내 건설업 주체의 안전개선 연구)

  • Ji, Kyung-Hwan;Choi, Byung-Jung
    • Journal of the Korea Safety Management & Science
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    • v.19 no.4
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    • pp.63-76
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    • 2017
  • This thesis provides background information on DFS carried out by the government in an effort to reduce the accident rate, cases of DFS in other advanced countries to study their risk detection, risk assessment, risk control measures, and cases in which application of DFS during the designing phase succesfully led to reduction of the accident rate. Till now, the focus has been on incident responses after the occurance of accidents, it describes the importance of considering safety during the desining process through safety results and cases.

An Analysis of the Relationship between Energy Security and Economic Growth Using the NARDL Approach (NARDL 접근법을 사용한 에너지 안보와 경제성장에 대한 관계 분석)

  • Kuk Jin, Jang;Jin Sick, Kim;Myoung Sug, Chung;Joo Yeon, Lee
    • Journal of the Korean Society of Systems Engineering
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    • v.18 no.2
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    • pp.149-159
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    • 2022
  • This study investigated the relationship between economic growth and energy security risk levels in Korea using linear and non-linear ARDL methods. While there are many studies on the relationship between energy consumption and economic growth, few studies focus on the relationship between energy security and economic growth considering 4A dimensions of energy security such as energy availability, accessibility, acceptability, and affordability. Energy risk index from Global Energy Institue and GDP data from world bank are used for ARDL and NARDL analysis. Our result of ARDL shows that there is no long-term relationship between energy security risk levels and economic growth. On the other hand, NARDL result shows that there is an asymmetric relationship between economic growth and energy security risk levels in the long run. The results show the importance of expending further research on ensuring energy security to policymakers.

Construction site disaster risk analysis method Using big data Considering individual work units of construction partner company (협력업체 작업 단위를 고려한 빅데이터 기반 건설현장 재해위험도 분석 방안)

  • Choi, Hochang;Lee, Jung-chul
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.11a
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    • pp.265-266
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    • 2023
  • Recently, many disasters have occurred due to poor management of construction site. In addition, as legal regulations on safety management at construction sites are strengthened, its importance is being further emphasized. In relation to smart safety management technology, a study was introduced to build an analysis model through various safety-related data collected within construction companies. This model derives quantitative disaster risk about the site level through information related to past disasters and near misses. However, construction work is performed separately by work group of each partner company. There is a limitation in that individual workers cannot directly experience this analysis information. In this study, we propose a method to derive the safety disaster risk of individual work units from disaster risk of the site level. We expect that this study to be helpful for smart safety management technology of construction sites.

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Importance of Target Blood Pressure Management in Diabetic Kidney Disease (당뇨병성 신장질환 환자에서 적정 혈압 관리의 중요성)

  • Kim, Hee Sung
    • The Journal of the Korea Contents Association
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    • v.19 no.6
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    • pp.461-470
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    • 2019
  • In diabetes mellitus, renal disease is a common complication, characterized by increased urinary albumin excretion and reduced eGFR. According to KDIGO CKD stage classification, Korean characteristics were analyzed according to urinary albumin and eGFR using the National Health and Nutrition Examination Survey VI raw data. According to KDIGO classification, diabetic patients were classified as Low risk 72.0%, Moderate risk 19.3%, High risk 5.6% and Very high risk 3.0%. Low risk decreased from 74.7% to 52.2%, and moderate to very high risk increased from 25.4% to 47.8% as the duration of diabetes mellitus was prolonged. The risk factors were CKD stage 1 (HR 2.064) to stage 4 (HR 11.049), the highest risk of hypertension. The incidence of renal disease was elevated according to duration of hypertension and HR 0.42 of kidney disease was decreased in the group maintaining proper blood pressure. In the hypertensive patients, the group administered with target blood pressure had a reduction of the kidney disease by 42% than the group with the hypertension. Therefore, controlling and managing hypertension to target blood pressure is important for the prevention of kidney disease.