• Title/Summary/Keyword: process risk

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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.

AN INTEGRATED REAL OPTION-RISK MANAGEMENT FRAMEWORK FOR PPP/PFI PROJECTS

  • Jicai Liu;Charles Y.J. Cheah
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.729-738
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    • 2007
  • The Public Private Partnership/Private Finance Initiative (PPP/PFI) schemes have made the private sector become a major participant involved in the development of infrastructure systems along with the government. Due to more integrated efforts among project participants and longer concession period, PPP/PFI projects are inherently more complex and risky. It is therefore very important to proactively manage the risks involved throughout the project life cycle. Conventional risk management strategies sometimes ignore managerial flexibility in the planning and execution process. This paper starts with a revised risk management framework which incorporates the real option concept. Following the presentation of the framework, a new risk classification is proposed which leads to different ways of structuring options in a project according to the stage of the project life cycle. Finally, the paper closes by discussing other issues concerning option modeling and negotiation.

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A Study on the Selection of High-Risk Construction Types for Safety Management on Construction Projects (건설공사 안전관리를 위한 고위험 공종 선정에 관한 연구)

  • Yang, Jin-Kook;Lee, Ki-Hun;Lee, Sang-Beom
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2022.11a
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    • pp.137-138
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    • 2022
  • Construction work has potential risk factors in the process. Therefore, the safety management task is very important and requires continuous management. In particular, the importance of safety management in construction projects has been highlighted recently with the introduction of the act on punishment of serious disasters. In this perspective, this study intends to select and present high-risk construction types that requires safety management. The presented result is expected to present standards for systematically performing safety management of construction projects.

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Security Risk Assessment in Conducting Online Exam

  • Danah AlDossary;Danah AlQuaamiz;Fai AlSadlan;Dana AlSharari;Lujain AlOthman;Raghad AlThukair;Ezaz Aldahasi
    • International Journal of Computer Science & Network Security
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    • v.23 no.6
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    • pp.77-83
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    • 2023
  • This research is conducted to minimize the potential security risks of conducting online exams to an acceptable level as vulnerabilities and threats to this type of exam are presented. This paper provides a general structure for the risk management process and some recommendations for increasing the level of security.

A Study on Semi Quantitative Risk Analysis for Air Separation Unit using a GRA(Generic Risk Analysis) Method (GRA(Generic Risk Analysis) 기법을 이용한 공기분리시설에 대한 준 정량적 위험성 평가에 관한 연구)

  • Shin, Jung-Soo;Byun, Hun-Soo
    • Journal of the Korean Institute of Gas
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    • v.17 no.1
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    • pp.56-66
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    • 2013
  • The gas production plants supply the inert gas to production plants for maintaining safe operation and also supply combustible, flammable, explosive and toxic gases as functions of basic materials needed for producing chemical goods. In addition, gas plants need to be safe and reliable operation because they are operated under high temperature, high pressure, cryogenic and catalytic reactions. As these plants have a complex process in operation, there has been a risk that major industrial accidents such as a fire, explosion and toxic gas released, also risks of asphyxiations by inert gases and burns caused by high temperature and cryogenic substances. This study is to carry out the semi quantitative risk assesment method which is the generic risk analysis (GRA). This method is applied to air separation unit(ASU) to identify its initial risk, safety barriers, residual risk and elements important for safety(EIS). The result of this study, suggested the management tools and procedures of implementation for EIS management.

Developing a modified IDA-based methodology for investigation of influencing factors on seismic collapse risk of steel intermediate moment resisting frames

  • Maddah, Mohammad M.;Eshghi, Sassan
    • Earthquakes and Structures
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    • v.18 no.3
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    • pp.367-377
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    • 2020
  • Incremental dynamic analysis (IDA) widely uses for the collapse risk assessment procedures of buildings. In this study, an IDA-based collapse risk assessment methodology is proposed, which employs a novel approach for detecting the near-collapse (NC) limit state. The proposed approach uses the modal pushover analysis results to calculate the maximum inter-story drift ratio of the structure. This value, which is used as the upper-bound limit in the IDA process, depends on the structural characteristics and global seismic responses of the structure. In this paper, steel midrise intermediate moment resisting frames (IMRFs) have selected as case studies, and their collapse risk parameters are evaluated by the suggested methodology. The composite action of a concrete floor slab and steel beams, and the interaction between the infill walls and the frames could change the collapse mechanism of the structure. In this study, the influences of the metal deck floor and autoclaved aerated concrete (AAC) masonry infill walls with uniform distribution are investigated on the seismic collapse risk of the IMRFs using the proposed methodology. The results demonstrate that the suggested modified IDA method can accurately discover the near-collapse limit state. Also, this method leads to much fewer steps and lower calculation costs rather than the current IDA method. Moreover, the results show that the concrete slab and the AAC infill walls can change the collapse parameters of the structure and should be considered in the analytical modeling and the collapse assessment process of the steel mid-rise intermediate moment resisting frames.

A Study on IT Based Risk Management System Development for Business Continuity Management : Centering on Cases at Automobile Manufacturing Industry (비즈니스 연속성 확보를 위한 IT 기반 위험관리체계 구축 연구 : 자동차 제조 산업 사례를 중심으로)

  • Lee, Joontaik;Kim, Yanghoon;Na, Youngsub;Chang, Hangbae
    • The Journal of Society for e-Business Studies
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    • v.18 no.2
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    • pp.69-79
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    • 2013
  • Management activities of Business was globalization and had changed to a global management. Under these circumstances, business management factors and the environment has changed rapidly. Accordingly, the number of risk categories in business has increased. Especially in recent years, the convergence of industry with IT has a pivotal role in the industry's business processes. However, information systems in the Internet environment increased the efficiency of business management. Also, it increased the degree of risk and the occurrence ripple effects. In this study, we proposed risk management framework for ensuring business continuity management in information system based automobile manufacturing industry. In detail, we analysis business process in automotive manufacturing industry and identify information assets and we analysis and assess the risk.

A Study on the Risk Assessment Using Simulation and Case Study of Urban Fire - Focusing on Market - (도시화재 사례 조사 및 시뮬레이션을 이용한 위험성 평가 - 시장지역을 중심으로 -)

  • Shin, Yi-Chul;Koo, In-Hyuk;Hayashi, Yoshihiko;Ohmiya, Yoshifumi;Kwon, Young-Jin
    • Fire Science and Engineering
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    • v.25 no.6
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    • pp.1-7
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    • 2011
  • As population grows and urban facilities are concentrated in specific areas due to recent urbanization and industrialization, cities have structures vulnerable to both natural and man-made disasters. Most of these structures, whether buildings or residential houses, are left in a defenseless state if not given the appropriate check-up before they are built. The process of rapid urbanization without establishing the proper urban fire risk assessment will surely lead to disasters. This phenomenon occurred during the process of rapid urbanization and maybe said the result of chaotic urban expansion where modern urban infrastructure is not yet equipped in the city. Under the said circumstances, propagation processes of Korean urban fire cases were investigated to establish fire risk assessment system. Moreover, this paper explains the experiment performed for establishing urban risk assessment model. The said experiment was conducted using the new urban fire risk assessment model.

Risk based Value Index Evaluation Model for Modular Design Alternatives in Plant Construction Projects (플랜트 건설사업의 모듈러 설계대안별 RVI 평가 모델)

  • Kang, Hyun Wook
    • Korean Journal of Construction Engineering and Management
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    • v.23 no.5
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    • pp.98-107
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    • 2022
  • The purpose of this study is to suggest a model for evaluation of a risk based value index for modular design alternatives in plant construction projects. Accordingly, 1) Setting the basic project cost and the scope to apply the module, 2) Evaluating the importance, easiness, and effectiveness index for Engineering, Procurement, Fabrication, transportation, and construction work, 3) Estimating the total project cost by analyzing the risk reserve Step, 4) Comparing the effectiveness index and total project cost for each modular design alternative, it was composed of the steps of deriving RVI. To verify such a model, Plan-A, which applied a module to one process, and Plan-B, which applied a module to three processes, were composed to evaluate RVI.

Gradational Risk Management in Procurement Phase for Plant Projects (플랜트 프로젝트의 구매조달 단계별 리스크 분석에 관한 연구)

  • Na, Sung-Yub;Moon, Seung-Jae;Yoo, Hoseon
    • Plant Journal
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    • v.5 no.3
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    • pp.59-65
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    • 2009
  • In the plant EPC project, the procurement work can be considered as the most important part that affects the success or failure of project as it has the closest mutual influence in every execution process of the project. Procurement takes up generally 60% ~ 70% of the entire project budget and the current trend of plant EPC project becoming larger in scale and a variety of process technology being applied. So, it is needed to identify the risks that are expected to occur according to the stages of procurement work, namely, proposal stage, manufacturer selection and purchasing agreement stage, expediting the process management of manufacturer stage, inspection stage and logistics & transportation stage. The management of observation and control of the risks should be performed with the response techniques which are 'avoid',' transfer'and' mitigate'.

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