• Title/Summary/Keyword: risk process

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Risk Analysis and Classification of Public-Private Partenership in Project Financing Process (민관합동형 PF사업의 단계별 리스크 분류 및 위험도분석)

  • Park, Hye-Sung;Kim, Sun-Kuk
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.5
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    • pp.117-126
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    • 2011
  • With Public-private partnership PF (project financing) deals saw explosive increase in quantity since its introduction to Korea in 2001, but, met with severe recession in the fallouts of the financial crisis that hit the global economy in 2008. This study intends to identify the risk factors corresponding to issues of public-private partnership projects financing structure and classify and analyze them by project phase. Outcomes of this research are expected to help recognize risk factors in each project phase during project planning and develop risk control and mitigation strategy during project implementation.

Assessment of risk of unit work in nuclear power plant construction using AHP (AHP를 이용한 원자력발전소 건설공사의 단위작업 위험도 평가)

  • Lee, Jong-Bin;Chang, Seong Rok
    • Journal of the Korean Society of Safety
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    • v.29 no.2
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    • pp.62-67
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    • 2014
  • The purpose of this study is to analyze the degree of risk of the working unit of nuclear power plants construction. In order to do this, and the risk index by type and source of risk judgment derived in the previous study were utilized. Further, to derive a risk index of unit work in nuclear power plant construction, a survey targeting safety professionals was conducted. The analytic hierarchy process (AHP) was used for analysis of the survey. The following results were obtained. Firstly, the results of AHP showed that main building work is the most dangerous work, and base excavation work is the second dangerous work among 21 unit works. Secondly, so, it is required to invest more and to take a increasing interest in unit works of civil and architecture as compared to other unit works. Further, the results could be used to reduce the degree of risk in construction of the nuclear power plant.

A Study on the Application of Risk Management for Medical Device Software Test (의료기기 소프트웨어 테스트 위험관리 적용 방안 연구)

  • Kim, S.H.;Lee, jong-rok;Jeong, Dong-Hun;Park, Hui-Byeong
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2012.10a
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    • pp.495-497
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    • 2012
  • Development of application risk management for medical device software test. First, Through questionnaires, Medical device manufacturers, Analysis of software validation and risk management status. Second, Analyzed by comparing the difference between black box testing and white box testing. Third, After analyzing the potential for software analysis tools using code derived factors were quantified, Finally, Medical device risk management process so that it can be applied to build the framework by FMEA(Failure Mode and Effect Analysis) technique. Through this Difficult to build software validation and risk management processes for manufacturers to take advantage of support in medical device GMP(Good Manufacture Practice).

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A Development of Fuzzy Logic-Based Evaluation Model for Traffic Accident Risk Level (퍼지 이론을 이용한 교통사고 위험수준 평가모형)

  • 변완희;최기주
    • Journal of Korean Society of Transportation
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    • v.14 no.2
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    • pp.119-136
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    • 1996
  • The evaluation of risk level or possibility of traffic accidents is a fundamental task in reducing the dangers associated with current transportation system. However, due to the lack of data and basic researches for identifying such factors, evaluations so far have been undertaken by only the experts who can use their judgements well in this regard. Here comes the motivation this thesis to evaluate such risk level more or less in an automatic manner. The purpose of this thesis is to test the fuzzy-logic theory in evaluating the risk level of traffic accidents. In modeling the process of expert's logical inference of risk level determination, only the geometric features have been considered for the simplicity of the modeling. They are the visibility of road surface, horizontal alignment, vertical grade, diverging point, and the location of pedestrain crossing. At the same time, among some inference methods, fuzzy composition inference method has been employed as a back-bone inference mechanism. In calibration, the proposed model used four sites' data. After that, using calibrated model, six sites' risk levels have been identified. The results of the six sites' outcomes were quite similar to those of real world other than some errors caused by the enforcement of the model's output. But it seems that this kind of errors can be overcome in the future if some other factors such as driver characteristics, traffic environment, and traffic control conditions have been considered. Futhermore, the application of site's specific time series data would produce better results.

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The Explicit Treatment of Model Uncertainties in the Presence of Aleatory and Epistemic Parameter Uncertainties in Risk and Reliability Analysis

  • Ahn, Kwang-ll;Yang, Joon-Eon
    • Nuclear Engineering and Technology
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    • v.35 no.1
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    • pp.64-79
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    • 2003
  • In the risk and reliability analysis of complex technological systems, the primary concern of formal uncertainty analysis is to understand why uncertainties arise, and to evaluate how they impact the results of the analysis. In recent times, many of the uncertainty analyses have focused on parameters of the risk and reliability analysis models, whose values are uncertain in an aleatory or an epistemic way. As the field of parametric uncertainty analysis matures, however, more attention is being paid to the explicit treatment of uncertainties that are addressed in the predictive model itself as well as the accuracy of the predictive model. The essential steps for evaluating impacts of these model uncertainties in the presence of parameter uncertainties are to determine rigorously various sources of uncertainties to be addressed in an underlying model itself and in turn model parameters, based on our state-of-knowledge and relevant evidence. Answering clearly the question of how to characterize and treat explicitly the forgoing different sources of uncertainty is particularly important for practical aspects such as risk and reliability optimization of systems as well as more transparent risk information and decision-making under various uncertainties. The main purpose of this paper is to provide practical guidance for quantitatively treating various model uncertainties that would often be encountered in the risk and reliability modeling process of complex technological systems.

A Study on the Risk Reduction Method for Liquid Rocket Test Facility (액체로켓 시험설비에서의 위험감소 방법)

  • Lee Jung-Ho;Kim Yong-Wook;Bershadskiy V. A.;Kang Sun-Il;Cho Sang-Yeon;Oh Seung-Hyub
    • Journal of the Korean Society of Propulsion Engineers
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    • v.9 no.3
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    • pp.120-126
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    • 2005
  • The method of decreasing the ecological risk for the LRE(Liquid Rocket Engine) test is developed, working on the cryogenic oxidizer and the high-boiling fuel(Kerosene). This Method is based on the study that contains a technical solution method and an accident occurrence range for decreasing of accident probability and damage. This paper contains schematic on the all risk circumstance bring to accident, block-diagram for an accident growth process in case of the propellant leakage, technical solution method and risk reduction evaluation method. It will be used to alternative method for the risk reduction of complex technical systems.

Development of a Korean Geriatric Suicidal Risk Scale (KGSRS) (한국형 노인자살위험 사정도구 개발)

  • Lee, Sang Ju;Kim, Jung Soon
    • Journal of Korean Academy of Nursing
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    • v.46 no.1
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    • pp.59-68
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    • 2016
  • Purpose: Increase in suicide rate for senior citizens which has become widespread in our society today. It is not a normal social phenomenon and is beyond the danger level. The contents of this study include Korean senior citizens' suicide related risk factors and warning signs, and the development of a simple Geriatric Suicide Risk Scale. Methods: This study is Methodological Research to verify reliability and validity of the Geriatric Suicide Risk Scale according to the tool development process suggested by Devellis (2012). Results: For predictive validity assessment, high suicide screening accuracy was showed with an Area under the ROC curve (AUC) of .93. For the optimal cutoff point of 11, sensitivity was 93.9%, and specificity, 75.7% which are excellence levels. Cross validity for assessment of generalization possibility showed the Area under the ROC curve (AUC) as .82 and in case of a cutoff point of 11, sensitivity was 73.7%, and specificity, 65.9%. Conclusion: When it comes to practical nursing, it is significant that the Korean Geriatric Suicide Risk Scale has high reliability and validity through adequate tool development and the tool assessment step to select degree of suicide risk of senior citizens. Also, it can be easily applied and does not take a long time to administer. Further, it can be used by health care personnel or the general public.

A Study on Countermeasure Strategy on Risk of Human Errors driven by Advanced and Automated Systems Through Consideration of Related Theories (현대의 고도화, 자동화된 시스템이 파생한 휴먼에러에 관한 이론적 고찰을 통한 리스크 대응전략 설정)

  • Shin, In Jae
    • Journal of the Korean Society of Safety
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    • v.29 no.1
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    • pp.86-92
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    • 2014
  • This paper provides an integrated view on human and system interaction in advanced and automated systems, which adopting computerized multi-functional artifacts and complicated organizations, such as nuclear power plants, chemical plants, steel and semi-conduct manufacturing system. As current systems have advanced with various automated equipments but human operators from various organizations are involved in the systems, system safety still remains uncertain. Especially, a human operator plays an important role at the time of critical conditions that can lead to catastrophic accidents. The knowledge on human error helps a risk manager as well as a designer to create and control a more credible system. Several human error theories were reviewed and adopted for forming the integrated perspective: gulf of execution and evaluation; risk homeostasis; the ironies of automation; trust in automation; design affordance; distributed cognition; situation awareness; and plan delegation theory. The integrated perspective embraces human error theories within three levels of human-system interactions such as affordance level, psychological logic level and trust level. This paper argued that risk management process should dealt with human errors by providing (1) reasoning improvement; (2) support to situation awareness of operators; and (3) continuous monitoring on harmonization of human system interaction. This approach may help people to understand risk of human-system interaction failure characteristics and their countermeasures.

Internal Control Risk Assessment System Using CRAS-CBR

  • Hwang, Sung-Sik;Taeksoo Shin;Ingoo Han
    • Proceedings of the Korea Inteligent Information System Society Conference
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    • 2003.05a
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    • pp.338-346
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    • 2003
  • Information Technology (IT) and the internet have been major drivers the changes in all aspects of the business processes and activities. They have brought major changes to the financial statements audit environment as well, which in turn has required modifications in audit procedures. There exist, however, certain difficulties with current audit procedures especially for the assessment of the level of control risk. This assessment is primarily based on the auditors' professional judgment and experiences, not based on the objective hies or criteria. To overcome these difficulties, this paper proposes a prototype decision support model named CRAS-CBR using case based reasoning (CBR) to support auditors in making their professional judgment on the assessment of the level of control risk of the general accounting system in the manufacturing industry. To validate the performance, we compare our proposed model with benchmark performances in terms of classification accuracy for the level of control risk. Our experimental results showed CRAS-CBR outperforms a statistical model (MDA) and staff auditor performance in average hit ratio.

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Comparison of Severe Disease Incidence among Eligible Insureds to Expand Coverage for Substandard Risks (유병자 보험의 보장성 확대를 위한 유병자들의 중증질환 발생률 비교)

  • Baek, Hyeyoun;Son, Jihoon;Shin, Jimin
    • Journal of health informatics and statistics
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    • v.43 no.4
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    • pp.318-328
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    • 2018
  • Objectives: People are living longer, but often with diseases or chronic conditions. As a consequence, interest in resolving insurance blind spots is growing. This study provides substandard risk-relevant statistics to help substandard risks who are likely to fall in insurance blind spots obtain insurance coverage, such as the reimbursement of medical costs, as well as to stimulate insurance product development. Methods: This study uses National Health Insurance Service (NHIS) cohort data to determine the relevant statistics. The incidence rates of severe diseases are derived and compared against standard risks to establish a set of relative risk factors. These incidence rates of standard and substandard risks are then compared. Results: Currently, an individual's cancer history is used in the underwriting process for simplified issue insurance. However, underwriting focusing on hospitalization and procedures related to serious illnesses could lower premiums for substandard risks. Moreover, the statistical results could be used to expand the coverage of health insurance products. Conclusions: This study's relative risk factors can be used to derive simplified issue premium rates for substandard risks. They can also be used to implement discount and loading schemes for medical reimbursement insurance and help insurance companies implement proactive risk management.