• Title/Summary/Keyword: Risk calculation

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Probabilistic GMP Calculation Method based on BIM (BIM기반 확률론적 GMP 산정방안에 관한 연구)

  • Go, Gun-Ho;Jin, Zheng-Xun;Kim, Hyun-Joo;Hyun, Chang-Taek
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.05a
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    • pp.122-123
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    • 2018
  • Recently, CM at Risk delivery system(CM@R) that could solve the problems of Design Bid Build delivery(DBB) system has been emerging. In the CM@R delivery system, the contractor negotiates for a maximum guaranteed price(GMP) with the client at the design stage, and the contractor carries out the construction within the GMP. In CM @ R, the construction company with expertise in construction participates from the design stage to reflects the construction know-how in the design. On the other hand, the modification design frequently occurs due to the change of the construction cost when negotiating the GMP. In addition, uncertainties are inherent in the GMP calculation because the calculation is based on unfinished drawings and documents. This study proposes a probabilistic GMP estimation method applying MCS to the BIM - based cost prediction model, in order to extract the accurate quantity information when estimating the GMP and to cope with the change of the construction cost inherent in uncertainty.

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Risk Analysis System in Fuzzy Set Theory (퍼지 집합론을 이용한 위험분석 시스템)

  • 홍상우
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.13 no.21
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    • pp.29-41
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    • 1990
  • An assessment of risk in industrial and urban environments is essential in the prevention of accident and in the analysis of situations which are hazardous to public health and safety. The risk imposed by a particular hazard increases with the likelihood of occurence of the event, the exposure and the possible consequence of that event. In a traditional approach, the calculation of a quantitative value of risk is usually based on an assignment of numerical values of each of the risk factors. Then the product of the values of likelihood, exposure and consequences called risk score is derived. However vagueness and imprecision in mathematical quantification of risk are equated with fuzziness rather than randomness. In this paper, a fuzzy set theoretic approach to risk analysis is proposed as an alternative to the techniques currently used in the area of systems safety. Then the concept of risk evaluation using linguistic representation of the likelihood, exposure and consequences is introduced. A risk assessment model using approximate reasoning technique based on fuzzy logic is presented to drive fuzzy values of risk and numerical example for risk analysis is also presented to illustrate the results.

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A Risk Assessment Method for the Long-term Preservation of Electronic Records (전자기록의 장기보존을 위한 위험평가 방법의 제안)

  • Cha, Hyun Chul;Choi, Joo Ho
    • Journal of Korea Multimedia Society
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    • v.22 no.1
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    • pp.79-87
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    • 2019
  • Appropriate strategies are needed to ensure long-term preservation of various types of electronic records. For proper preservation of electronic records, it is necessary of decision-making processes for risk assessment, notification and implementation of conservation measures. To do this, the task of assessing various risk factors that impede the long-term preservation and utilization of electronic records should be done first. In this study, since electronic records are mostly stored in file form, risk assessment for electronic records of file type is performed. The risk factors required for the risk assessment of the file format are derived, and the algorithms are developed to devise a calculation method of the weighting factor and the risk factor index for evaluating the risk based on the proposed risk factors. In addition, the proposed methods are applied to the file formats used in Korea and risk assessment is performed and the results are analyzed.

Meta-analysis of Associations of the Ezrin Gene with Human Osteosarcoma Response to Chemotherapy and Prognosis

  • Wang, Zhe;He, Mao-Lin;Zhao, Jin-Min;Qing, Hai-Hui;Wu, Yang
    • Asian Pacific Journal of Cancer Prevention
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    • v.14 no.5
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    • pp.2753-2758
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    • 2013
  • Various studies examining the relationship between Ezrin overexpression and response to chemotherapy and clinical outcome in patients with osteosarcoma have yielded inconclusive results. We accordingly conducted a meta-analysis of 7 studies (n = 318 patients) that evaluated the correlation between Ezrin and histologic response to chemotherapy and clinical prognosis (death). Data were synthesized in receiver operating characteristic curves and with fixed-effects and random-effects likelihood ratios and risk ratios. Quantitative synthesis showed that Ezrin is not a prognostic factor for the response to chemotherapy. The positive likelihood ratio was 0.538 (95% confidence interval [95% CI], 0.296- 0.979; random-effects calculation), and the negative likelihood ratio was 2.151 (95% CI, 0.905- 5.114; random-effects calculations). There was some between-study heterogeneity, but no study showed strong discriminating ability. Conversely, Ezrin positive status tended to be associated with a lower 2-year survival (risk ratio, 2.45; 95% CI, 1.26-4.76; random-effects calculation) with some between-study heterogeneity that disappeared when only studies that employed immunohistochemistry were considered (risk ratio, 2.97; 95% CI, 2.01- 4.40; fixed-effects calculation). To conclude, Ezrin is not associated with the histologic response to chemotherapy in patients with osteosarcoma, whereas Ezrin positivity was associated with a lower 2-year survival rate regarding risk of death at 2 years. Expression change of Ezrin is an independent prognostic factor in patients with osteosarcoma.

Risk Assessment of Dropped Object in Offshore Engineering through Quantified Risk Analysis (정량적 위험해석을 이용한 크레인 낙하물의 위험성 평가에 관한 연구)

  • Jang, Chul-Ho;Lee, Joo-Sung
    • Journal of the Society of Naval Architects of Korea
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    • v.54 no.2
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    • pp.143-150
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    • 2017
  • Previous methods to evaluate the risk of dropped objects rely on personnel experience of the engineer or operator without analyzed data. However analyzing historical statistic data is the best approach to find the safest operation route and to achieve more reasonable and reliable calculation results. By counting the failure frequency and fatal accident rate the risk can be quantified, and so controlled or mitigated with best economical risk reducing measures. This analysis gives a crane operator with useful information for selecting the best crane operation route, and a designer with an estimation of risk level for the dropped objects from a safety point of view.

Implementation of Fire Risk Estimation System for various Fire Situations using Multiple Sensors (다중 센서들을 이용한 다양한 화재 상황의 위험도 추정 시스템 개발)

  • Lee, Kwangjae;Lee, Youn-Sung
    • Journal of Sensor Science and Technology
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    • v.25 no.6
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    • pp.394-398
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    • 2016
  • In this paper, a fire detection system based on quantitative risk estimation is presented. Multiple sensors are used to build a comprehensive indicator that represents the risk of fire quantitatively. The proposed fire risk estimation method consists of two stages which determines the occurrence of fire and estimates the toxicity of the surveillance area. In the first stage, fire is reliably detected under diverse fire scenarios. The risk of fire is estimated in the second stage. Applying Purser's Fractional Effective Dose (FED) model which quantitates harmfulness of toxic gases, the risk of the surveillance area and evacuation time are calculated. A fire experiment conducted using four different types of combustion materials for the verification of the system resulted in a maximum error rate of 12.5%. By using FED calculation and risk estimation methods, the proposed system can detect various signs of fire faster than conventional systems.

Estimating the Credit Value-at-Risk of Korean Property and Casuality Insurers

  • Hong, Yeon-Woong;Suh, Jung-Soo
    • Journal of the Korean Data and Information Science Society
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    • v.19 no.4
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    • pp.1027-1036
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    • 2008
  • Value at Risk(VaR) is a fundamental tool for managing market risks. It measures the worst loss to be expected of a portfolio over a given time horizon under normal market conditions at a given confidence level. Calculation of VaR frequently involves estimating the volatility of return processes and quantiles of standardized returns. In this paper, we introduced and applied the CreditMetrics model to estimate the credit VaR of Korean Property and Casuality insurers.

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Clinical Risk Evaluation Using Dose Verification Program of Brachytherapy for Cervical Cancer (자궁경부암 근접치료 시 선량 검증 프로그램을 통한 임상적 위험성 평가)

  • Dong‑Jin, Kang;Young‑Joo, Shin;Jin-Kyu, Kang;Jae‑Yong, Jung;Woo-jin, Lee;Tae-Seong, Baek;Boram, Lee
    • Journal of radiological science and technology
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    • v.45 no.6
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    • pp.553-560
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    • 2022
  • The purpose of this study is to evaluate the clinical risk according to the applicator heterogeneity, mislocation, and tissue heterogeneity correction through a dose verification program during brachytherapy of cervical cancer. We performed image processing with MATLAB on images acquired with CT simulator. The source was modeled and stochiometric calibration and Monte-Carlo algorithm were applied based on dwell time and location to calculate the dose, and the secondary cancer risk was evaluated in the dose verification program. The result calculated by correcting for applicator and tissue heterogeneity showed a maximum dose of about 25% higher. In the bladder, the difference in excess absolute risk according to the heterogeneity correction was not significant. In the rectum, the difference in excess absolute risk was lower than that calculated by correcting applicator and tissue heterogeneity compared to the water-based calculation. In the femur, the water-based calculation result was the lowest, and the result calculated by correcting the applicator and tissue heterogeneity was 10% higher. A maximum of 14% dose difference occurred when the applicator mislocation was 20 mm in the Z-axis. In a future study, it is expected that a system that can independently verify the treatment plan can be developed by automating the interface between the treatment planning system and the dose verification program.

Automatic Control for Ship Collision Avoidance Support-II (선박충돌회피지원을 위한 자동제어-II)

  • Im, Nam-Kyun
    • Journal of Navigation and Port Research
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    • v.28 no.1
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    • pp.9-16
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    • 2004
  • The purpose of this study is to examine the algorithm of ship collision avoidance system and to improve its performance. The study on the algorithm of ship collision avoidance system have been carried out by many researchers. We can divide the study according to the adopted theory into two category such as 'collision risk calculation method' and 'risk area method'. It is not so difficult to find heir merit and demerit in the respective method. This study suggested newly modified model, which can overcome a limit in the two method. The suggested model is based on collision risk calculation method and suggests how to solve the threshold value problem, that is, one of the unsolved issues in collision risk calculation method. To solve that problem this study proposed new system under which the users can select appropriate threshold value according to environments such as traffic situations and weathers conditions. Simulation results of new model is schematized using 'risk area method'to examine the relationships between the two method. In addition, in case of 'collision risk method', when TCPA and DCPA are used to determine collision risk, a problem happens, that is, two ships become too close in their stem area, therefore, partial function of 'risk area method'is adopted to solve the problem in suggested model.

Case Study of Health Risk Assessment and Preliminary Remediation Goals Calculation for the Petroleum Contaminated Site (유류 오염지역 토양의 위해성 평가 및 사전복원목표 산정 사례연구)

  • 정규혁
    • Environmental Analysis Health and Toxicology
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    • v.17 no.4
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    • pp.347-355
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    • 2002
  • As concerns on the effects of soil contamination on human health have grown, more efforts have been made to quantify the effects. One of such efforts is the development of risk assessment methodology. The fundamental objectives of this approach is to investigate the alternative options that reduce the risk of hazardous chemicals results from environmental pollution, which will eventually lead to an accomplishment of removement of identified toxicants in polluted environment. The U.S. EPA Risk Assessment guidance for the superfund (RAGS) provides a methods for assessing the health risk of contaminated soils and determining the preliminary remediation goals (PRGs). Using this approach, we assessed the health risk and preliminary remediation goals of petroleum contaminated site in Kyounggi province.