• Title/Summary/Keyword: acceptable risk level

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Development Acceptable Risk Model for International Construction Projects - Focusing on Small and Medium Construction Companies - (해외 건설 다수 프로젝트 관리를 위한 허용리스크 도출 - 중소·중견 건설기업 관점에서 -)

  • Hwang, Geunouk;Park, Chan Young;Jang, Woosiki;Han, Seung Heon;Kang, Sin Young
    • Korean Journal of Construction Engineering and Management
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    • v.17 no.3
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    • pp.90-97
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    • 2016
  • Since Korean construction firms have steadily advanced into the international market, small and medium construction companies (SMCCs) have also advanced in such market. SMCCs's recent trend have clearly shown the changes of contract types from single subcontractor projects to multiple general contracting projects. However, among those multiple projects performed by SMCCs, 1 out of 3 projects were deficit projects that impact the overall pe rformance of the firm. To increase such performance, risk management for in international construction must be managed at the enterprise level for SMCCs. This research aims to create a multiple project management model for SMCCS that employs the concept of acceptable risk to assess the limit risk level for corporation to acceptable. Using the accumulated data from previous survey and International Construction Association of Korea (ICAK), integrated risk of each firm and their profitability of each project are analyzed. Through the analysis, each firm's acceptable risk level is derived. Through the two research steps, acceptable risk algorithm was developed based on corporate integrated risk and profit correlation. To prove the acceptable algorithm relevance, financial statement analysis of 3 corporation was derived that level of acceptable risk and financial statement were available. Through the approach, this research allows the firms to analyze the firm's capability and find projects that suits the firm's situation and capability.

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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A Two-Plan Sampling System for Life Testing Under Weibull Distribution

  • Aslam, Muhammad;Balamurali, Saminathan;Jun, Chi-Hyuck;Ahmad, Munir
    • Industrial Engineering and Management Systems
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    • v.9 no.1
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    • pp.54-59
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    • 2010
  • A two-plan sampling system is proposed for a failure-censored life testing when the lifetime follows a Weibull distribution with known shape parameter. The proposed sampling system is based on a switching rule, for switching between the tightened and the normal inspection levels when lots are submitted for inspection in the order of production or in some other systematic way. The design parameters of the proposed sampling system are determined by the two-point approach considering the producer's risks and the consumer's at the specified acceptable reliability level and the lot tolerance reliability level, respectively. It has been observed that the proposed system requires only a single failure for the observation.

Quantitative Risk Reduction Model according to SIL allocated by Risk Graph for Railway Platform Door System (Risk Graph에 의해 할당된 SIL에 따른 철도 승강장 도어 시스템의 정량적 Risk 저감 모델)

  • Song, Ki Tae;Lee, Sung Ill
    • Journal of the Korean Society of Safety
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    • v.31 no.5
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    • pp.141-148
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    • 2016
  • There exists required safety integrity level (SIL) to assure safety in accordance with international standards for every electrical / electronics / control equipment or systems with safety related functions. The SIL is allocated from lowest level (level 0) to highest level (level 4). In order to guarantee certain safety level that is internationally acceptable, application of methodology for SIL allocation and demonstration based on related international standards is required. Especially, in case of the SIL allocation method without determining of quantitative tolerable risk, the additional review is needed to check whether it is suitable or not is required. In this study, the quantitative risk reduction model based on the safety integrity allocation results of railway platform screen door system using Risk Graph method has been examined in order to review the suitability of quantitative risk reduction according to allocated safety integrity level.

Effectuality of Cleaning Workers' Training and Cleaning Enterprises' Chemical Health Hazard Risk Profiling

  • Suleiman, Abdulqadir M.;Svendsen, Kristin V.H.
    • Safety and Health at Work
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    • v.6 no.4
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    • pp.345-352
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    • 2015
  • Background: Goal-oriented communication of risk of hazards is necessary in order to reduce risk of workers' exposure to chemicals. Adequate training of workers and enterprise priority setting are essential elements. Cleaning enterprises have many challenges and the existing paradigms influence the risk levels of these enterprises. Methods: Information on organization and enterprises' prioritization in training programs was gathered from cleaning enterprises. A measure of enterprises' conceptual level of importance of chemical health hazards and a model for working out the risk index (RI) indicating enterprises' conceptual risk level was established and used to categorize the enterprises. Results: In 72.3% of cases, training takes place concurrently with task performances and in 67.4% experienced workers conduct the trainings. There is disparity between employers' opinion on competence level of the workers and reality. Lower conceptual level of importance was observed for cleaning enterprises of different sizes compared with regional safety delegates and occupational hygienists. Risk index values show no difference in risk level between small and large enterprises. Conclusion: Training of cleaning workers lacks the prerequisite for suitability and effectiveness to counter risks of chemical health hazards. There is dereliction of duty by management in the sector resulting in a lack of competence among the cleaning workers. Instituting acceptable easily attainable safety competence level for cleaners will conduce to risk reduction, and enforcement of attainment of the competence level would be a positive step.

Risk Management for Preventing Workers' Deaths in Construction Machinery Work (건설기계작업 사망사고 예방을 위한 위험관리)

  • Yang, Seungsoo;Paik, Shinwon
    • Journal of the Korean Society of Safety
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    • v.35 no.3
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    • pp.16-23
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    • 2020
  • The use of construction machinery has been increasing every year due to the large scale, high-rise and lack of workers in construction work. On the other hand, deaths are on the rise every year due to inadequate risk management for construction machinery work. In addition, the number of deaths caused by the lack of signals or insufficient signals during construction machinery work is increasing rapidly, and it is deemed necessary to analyze the actual conditions and take countermeasures. Therefore this study has developed the Strength Risk Index (SRI) based on the Frequency Risk Index (FRI) and the 5W1H by analyzing in-depth deaths caused by construction machinery over the past five years. The risk index (RI) was assessed using the frequency and strength risk index derived to determine whether it is acceptable (acceptable risk < 0.25 ≦ unacceptable risk) and the risk assessment method for reducing risk was proposed by applying 3E (Engineering, Education, Enforcement) measures for each level of risk for unacceptable risk. It also proposed measures to improve the system, such as requirements for signal numbers, mandatory placement standards, and mandatory installation of side and rear monitoring cameras, as measures for accidents caused by failure to deploy signals or insufficient signals, which account for the highest proportion of deaths among construction machinery operators and workers.

Safety Evaluation of a Wastewater Reuse for the Farmland Irrigation in Jeju Island (제주지역 하수처리수의 농업용수 재이용 안전성 평가)

  • Son, Yeong Kwon;Rhee, Han-Pil;Kim, Haedo;Choi, Sun Wha;Kim, Jeong Dae
    • Journal of The Korean Society of Agricultural Engineers
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    • v.57 no.4
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    • pp.21-29
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    • 2015
  • Safety of reclaimed wastewater irrigation needs to be evaluated to promote public health. Quantitative microbial and toxic risk assessment was conducted to identify the level of risk for farmland workers who use reclaimed wastewater and groundwater in Jeju island. Microbial risk through inhalation and ingestion exposure was below acceptable level (less than $10^{-3}$) of $7.07{\times}10^{-6}$ for reclaimed wastewater and $9.99{\times}10^{-8}$ for groundwater irrigation worker. Aggregate exposure risk of Ni, As and Cu was most contributable to overall risk in both reclaimed wastewater and groundwater irrigation plot. High cumulative exposure risk was estimated through non-dietary soil ingestion and dermal contact of soil, due to the high concentration of As, Cu and Ni in farmland soil. Overall toxic risk was $2.68{\times}10^{-4}$ for reclaimed water and $2.39{\times}10^{-4}$ for groundwater irrigation, which could not meet acceptable toxic risk level of $10^{-6}$. Further efforts, such as provide personal protective equipments or public health education, need to be implicated to reduce adverse health risk.

A study on Risk Assessment Procedure for the Structural changes of Navigable Airspaces (공역의 구조적 변경에 따른 위험평가 절차 연구)

  • Kim, Do-Hyun;Kim, W.Y.
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.20 no.1
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    • pp.13-18
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    • 2012
  • 'Navigable airspace' means an airspace at and above the minimum safe flight level, including airspace or flight procedures needed for safe takeoff and landing. Airspace may be established as needed and may be abolished, and in some cases may be limited to airspace management. These are absolutely based on risk assessment. Safety is the state in which the risk of harm to persons or of property damage is reduced to, and maintained at or below, an acceptable level through a continuing process of hazard identification and risk management. 'Risk' is the assessed potential for adverse consequences resulting from a hazard and 'Risk assessment' involves consideration of both the frequency and the severity of any adverse consequence. This paper proposed 'risk assessment procedure' for the structural changes of Navigable Airspaces through literature reviews relevant to manuals on airspace management and risk management.

Predicting Suicidal Ideation in College Students with Mental Health Screening Questionnaires

  • Shim, Geumsook;Jeong, Bumseok
    • Psychiatry investigation
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    • v.15 no.11
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    • pp.1037-1045
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    • 2018
  • Objective The present study aimed to identify risk factors for future SI and to predict individual-level risk for future or persistent SI among college students. Methods Mental health check-up data collected over 3 years were retrospectively analyzed. Students were categorized as suicidal ideators and non-ideators at baseline. Logistic regression analyses were performed separately for each group, and the predicted probability for each student was calculated. Results Students likely to exhibit future SI had higher levels of mental health problems, including depression and anxiety, and significant risk factors for future SI included depression, current SI, social phobia, alcohol problems, being female, low self-esteem, and number of close relationships and concerns. Logistic regression models that included current suicide ideators revealed acceptable area under the curve (AUC) values (0.7-0.8) in both the receiver operating characteristic (ROC) and precision recall (PR) curves for predicting future SI. Predictive models with current suicide non-ideators revealed an acceptable level of AUCs only for ROC curves. Conclusion Several factors such as low self-esteem and a focus on short-term rather than long-term outcomes may enhance the prediction of future SI. Because a certain range of SI clearly necessitates clinical attention, further studies differentiating significant from other types of SI are necessary.

A Study on the Calculation and Application of the Risk in the Hydrogen Stations (수소충전소의 위험도 산출 및 적용에 대한 고찰)

  • Seo, Doo-Hyoun;Kim, Tae-Hun;Rhi, Kwang-Won
    • Journal of the Korean Institute of Gas
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    • v.24 no.5
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    • pp.1-9
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    • 2020
  • In Korea, hydrogen stations are being promoted and commercialized. However, the risk assessment for the hydrogen station is not clear. In particular, it is not clear how to calculate the risk and acceptable criteria for a hydrogen station. Therefore, in this study, three hydrogen stations being installed were selected and general risks were calculated and the social risk of each hydrogen station was calculated. In general, the method of risk assessment is individual/social risk. This is an individual's death rate considering the frequency of accidents, And the likelihood of death according to the number of nearby residents. These can be used to calculate the level of risk for a hydrogen station. However, this method of calculate risks is the criteria for judging whether it is acceptable are unclear. For this reason, this study investigated the allowable standards for foreign risks and considered that they were acceptable by applying the risks of selected domestic hydrogen stations.