• Title/Summary/Keyword: Risk management structure

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Improvement of Post-earthquake Risk Assesment System for Damaged Buildings by Case Study on '11.15 Earthquake' (11.15 지진 사례를 통한 지진피해 시설물 위험도 평가 체계 개선)

  • Kang, Hyeong Gu;Yun, Nu-Ri;Kim, David;Lee, Jung Han;Kim, Hye Won;Oh, Keum Ho
    • Journal of the Earthquake Engineering Society of Korea
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    • v.22 no.3
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    • pp.185-191
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    • 2018
  • Post-earthquake risk assessment technique in Korea is developed in 2013 by National Disaster Management Research Institute, at the same time, related manual and standard regulation is distributed to every local government by National Emergency Management Agency. The objectives of this research are to investigate and evaluate the post-earthquake risk assessment of 9.12 Earthquake (M5.8, Gyeongju City, 2016) and 11.15 Earthquake (M5.4, Pohang City, 2017). To suggest and improve the assessment process of post-earthquake risk, first post-earthquake risk assessment method of advanced foreign countries including US, New Zealand and Japan are compared, and post-earthquake evaluation activities in 9.12 Earthquake and 11.15 Earthquake are analyzed. From the results, it is needed to expand the adapted building and structure types and strengthen the earthquake disaster response capacity of local government.

A Study on the Supply Chain Security and Risk Management Strategies of Global Companies (글로벌 기업의 공급사슬보안 및 위험관리전략에 관한 연구)

  • Yang, Jung-Ho
    • Management & Information Systems Review
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    • v.27
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    • pp.149-172
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    • 2008
  • Since the 9/11 terror attack, the event which caused supply chain disruption, supply chain security has becomes more important than ever before. Furthermore, such company's logistics strategies conflicting supply chain security as increased global sourcing, JIT manufacturing are increasing supply chain vulnerability. It could burden for global companies to strengthen supply chain security because not only it requires additional investment cost but also changes of companiy's global logistics strategy. However, on the other hand, supply chain visibility and resilience can be improved through supply chain security. In addition, it allows companies to stabilize supply chain structure as well as rapid and flexible response to market demand. The key issue is balancing between efficiency and supply chain security. To do this, identifying risk elements under the supply chain and assessing vulnerability of each supply chain components should be performed before developing efficient supply chain security management system without obstructing supply chain efficiency.

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Determinant Factors of Firm Risk - Using the Structural Equation Modeling Approach: Evidence from Indonesia

  • WULANDARI, Asih Marini;RAHAYU, Sri Mangesti;SAIFI, Muhammad;NUZULA, Nila Firdausi
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.8
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    • pp.47-55
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    • 2022
  • The purpose of this study was to determine the relationship between company risk and factors such as business size, ownership structure, and leverage. The study was conducted on 142 manufacturing sector companies listed on the Indonesia Stock Exchange from 2013 to 2018. The purposive sampling method was used to select the research sample. The sample size for this study was 21 different companies. The analytical approach uses Structural Equation Modeling (SEM) with WarpPLS. According to the findings of the investigation, the size of the company has a significant influence on both the amount of leverage the company uses and the amount of risk the company takes. The level of leverage is significantly influenced by the ownership structure. However, the ownership structure does not have a significant impact on the level of risk the company; rather, leverage has a big impact on the level of risk the company faces. The findings of this study are helpful to prospective investors in measuring the risk posed by the company to make judgments regarding investments. The findings of this study are also essential for management to consider while controlling the risk of the organization.

Development of Accident Cause Analysis Model for Construction Site (건설업 사고 발생원인 파악을 위한 사고 분석 모델 개발)

  • Lim, Won Jun;Kee, Jung Hun;Seong, Joo Hyun;Park, Jong Yil
    • Journal of the Korean Society of Safety
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    • v.34 no.1
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    • pp.45-52
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    • 2019
  • Accident analysis models were developed to improve the construction site safety and case studies was conducted. In 2016, 86% of fatality accidents occurred due to simple unsafe acts. Structure related accidents are less frequent than the non structure related causes, but the number of casualties per accident is two times higher than non structure one. In the view of risk perception, efforts should be given to reduce accidents caused by low frequency - high consequence structure related causes. In case of structure related accident, structural safety inspection and management (including quality), ground condition management / inspection technology, and provision of risk information delivery system in case of non structure related accident were proposed as a solution. In analysis of relationship between safety related stakeholder, the main problem were the lack of knowledge of controller and player, loss of control due to duplicated controls, lack of communication system of risk information, and relative position error of controller and player.

Risk Factor Classification and Weight Estimation for Urban Regeneration Project (도시재생사업의 리스크요인 분류 및 중요도 산정)

  • Cho, Jae-Kyung;Hyun, Chang-Taek;Yoon, You-Sang;Jin, Run-Zhi;Cha, Yong-Woon
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.4
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    • pp.89-99
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    • 2012
  • Urban regeneration projects tingeing the shape of mixed-use development, due to the nature of the business, involve risk factors such as protracted business conflict among participations, subjects, complex approval and permission procedure, frequent policy changes, etc. Therefore, systematic risk management is needed to effectively manage the numerous risk factors that may occur during the process course of project. However, risk management of large and complex development projects such as urban regeneration projects is in the introduction stage yet and somewhat one time risk management plan has been established. Therefore, in this study, in order to systematic risk management of urban regeneration projects inhered numerous risk factors, risk factors for urban regeneration projects through preceding studies and case studies were presented. Also risk factors are classified in accordance with business propulsion phase, by estimating the importance for these, step by step emphasis on managed subjects of risk management was proposed.

Trade Facilitation for SME's E-Commerce Export - focusing on Customs' risk management (중소기업 전자상거래 수출통관 원활화에 대한 연구 - 위험관리를 중심으로)

  • Ji-Soo Yi
    • Korea Trade Review
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    • v.48 no.2
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    • pp.197-216
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    • 2023
  • This research aims to examine and reevaluate the risk management procedures required for facilitating E-Commerce exports by Small and Medium-sized Enterprises(SMEs) in the context of customs risk management procedures. Based on risk management studies, this research focuses on three research questions. First, what courses comprise the export risk management structure? Second, what are the key issues in risk management in facilitating E-Commerce export clearance? Third, based on the research results, what are the implications and improvements for export customs risk management in boosting SMEs' E-Commerce exports? The research concluded that risk control for SMEs' E-Comerce exports should be further strengthened based on a compliance management approach. To achieve this, the customs authorities should develop a new method of reasoning about the difficulties SMEs face in exporting and the risks of failure to comply with the regulations at the foreign markets.

Development and Implementation of Measures for Structural and Reliability Importance by Using Minimal Cut Sets and Minimal Path Sets (최소절단집합과 최소경로집합을 이용한 구조 및 신뢰성 중요도 척도의 개발 및 적용)

  • Choi, Sung-Woon
    • Journal of the Korea Safety Management & Science
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    • v.14 no.1
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    • pp.225-233
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    • 2012
  • The research discusses interrelationship of structural and reliability importance measures which used in the probabilistic safety assessment. The most frequently used component importance measures, such as Birnbaum's Importance (BI), Risk Reduction (RR), Risk Reduction Worth (RRW), RA (Risk Achievement), Risk Achievement Worth (RAW), Fussel Vesely (FV) and Critically Importance (CI) can be derived from two structure importance measures that are developed based on the size and the number of Minimal Path Set (MPS) and Minimal Cut Set (MCS). In order to show an effectiveness of importance measures which is developed in this paper, the three representative functional structures, such as series-parallel, k out of n and bridge are used to compare with Birnbaum's Importance measure. In addition, the study presents the implementation examples of Total Productive Maintenance (TPM) metrics and alternating renewal process models with exponential distribution to calculate the availability and unavailability of component facility for improving system performances. System state structure functions in terms of component states can be converted into the system availability (unavailability) functions by substituting the component reliabilities (unavailabilities) for the component states. The applicable examples are presented in order to help the understanding of practitioners.

Security Risk Management of an Educational Institution: Case Study

  • Almarri, Bayenah;Alraheb, Fatimah;Alramis, Shahad;Almilad, Noor;Aldahasi, Ezaz;Ali, Azza
    • International Journal of Computer Science & Network Security
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    • v.21 no.3
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    • pp.172-176
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    • 2021
  • This study is conducted with an educational institution to minimize the potential security hazards to an acceptable level where the vulnerabilities and threats are revealed in this institution. The paper provides a general structure for the risk management process in educational institutions, and some recommendation that increases security levels is presented.

A Study on the Analysis of Delay Claim Risk in Apartment Housing Projects (공동주택공사에서의 공기지연 리스크분석에 관한 연구)

  • Kim Jae-Wook;Woo Kwang-Min;Lee Hak-Ki
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.217-221
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    • 2003
  • This study proposes a new classification system and analysis methodology for time delay risk of apartment projects. And this study proposes the classification of major trades and risk level and risk index by performing expert-oriented interview and survey report on a national scale. The purpose of this study is to present basic data for time delay risk management system through the analysis of risk level, risk index and rank of major 5 trades(earth work, structure work, masonry work, window and door/glass work, and interior finish work) in apartment projects.

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