• Title/Summary/Keyword: risk-reduction

Search Result 1,378, Processing Time 0.021 seconds

GMP Calculation Process in CM at Risk for Public Construction Project (공공 건설사업 CM at Risk 적용시 GMP 산출 프로세스)

  • Kim, Gun-Sung;Jin, Zheng-Xun;Hyun, Chang-Taek
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2020.06a
    • /
    • pp.48-49
    • /
    • 2020
  • Recently the diversification of construction market and the continuous reduction of construction amount are raising the need of alternative delivery method in the construction industry. The foreign advanced companies actively adopted the CM at Risk delivery method where they perform the service of agent CM in the design phase, and agree GMP(Guaranteed Maximum Price) with the client at the time of 50~80% completion of design. Even in Korea they began to apply that method to pilot projects. In CM at Risk, through the early participation of builder, the level of design completion can be improved and the change order and construction period delay can be minimized. On the other hand, GMP is usually calculated when the design is about 80% complete, so there is uncertainty in the construction cost. Therefore, in this research, the increased amounts of construction cost are analyzed in a number of public construction projects, and GMP calculation process is proposed using the analysis results and CBR(Case-Based Reasoning) technique to reduce the construction cost increase in the construction phase.

  • PDF

Collision risk considering the international regulations for preventing collisions at sea, 1972 ('72국제해상충돌방지규칙을 고려한 충돌위험도 결정 시스템)

  • Kang, Il-Kwon;Kim, Hyung-Seok;Kim, Min-Seok;Kim, Jeong-Chang;Lee, A-Reum
    • Journal of the Korean Society of Fisheries and Ocean Technology
    • /
    • v.45 no.2
    • /
    • pp.106-113
    • /
    • 2009
  • For the safety and cost reduction in the navigation, the automatic and intelligent system has been developed for the vessel, and the most important factor in the system is to decide the collision risk exactly. In this paper, we propose an advanced collision risk decision system for collision avoidance of the system. The conventional researches using DCPA and TCPA for calculating the collision risk have a problem to produce a same collision risk regardless of bearings for the ships, if they are located in the same distance from own ship. To solve this problem, in addition to DCPA and TCPA, we introduce the factor of VCD(variation of compass degree) and constant, CR which derived from COLREG'72(International Regulation for Preventing Collision at Sea, 1972) for evaluating the collision risk including even the burden of own ship navigator due to the encountering angle of each vessels. We decided the collision risk legally by the rule considering the relative situation of vessels. And therefore, the proposed system has two advantages, of which one is to produce more detail collision risk and another is to reflect the real underway situation in conformity with the rule.

Closed Manual Reduction of Mandibular Condylar Fracture Assisted by C-arm Fluoroscopy (C-arm 형광투시를 이용한 하악관절돌기골절의 비관혈적 도수정복)

  • Choi, Eui Chul;Kang, Sang Gue;Jung, Sung Gyun
    • Archives of Craniofacial Surgery
    • /
    • v.10 no.2
    • /
    • pp.131-134
    • /
    • 2009
  • Purpose: Mandible fractures are common in maxillofacial trauma and the incidence of condylar fracture is high. The management of mandibular condylar fracture continues to be controversial. Conservative treatment of it may lead to complications such as asymmetry, malocclusion, temporomandibular joint dysfunction. Moreover, open reduction can cause facial nerve injury, parotid gland injury, scarring and hematoma formation. We present a case of mandibular condylar fracture that was treated by manual reduction without incision under C-arm fluoroscopy. Methods: A 76-year-old female was admitted due to left side mandibular condylar fracture that required surgical intervention. Because of her age, history of diabetes mellitus, hypertension, she underwent closed manual reduction under general anesthesia. We adopted C-arm fluoroscopy as a method of identifying the fracture site and a evaluation of reduction state. C-arm fluoroscopy was set up like modified Towne's view. Results: The reduction was successful and didn't result in any complications that could occur in open reduction-facial nerve injury, infection, parotid gland injury, hematoma, avascular necrosis. The mandibular-maxillary fixations were removed after 4 weeks and patients were could open 3.5 cm after 6 weeks with physical therapy. Conclusion: We tried closed manual reduction of mandibular condylar fracture due to high risk of complication using C-arm fluoroscopy and did achieve anatomic reduction with avoiding open incision. This is simple, effective, reversible, time saving and fairly attemptable method in condylar fracture cases before open reduction.

An analysis study for reasonable installation of tunnel fire safety facility (터널 방재설비의 합리적 설치를 위한 분석적 연구)

  • Park, Jin-Ouk;Yoo, Yong-Ho;Park, Byoung-Jik
    • Journal of Korean Tunnelling and Underground Space Association
    • /
    • v.17 no.3
    • /
    • pp.243-248
    • /
    • 2015
  • Domestic road and railroad construction have been increasingly growing and for reasons of mitigating traffic congestion, urban plan and refurbishment project, deeper and longer tunnels have been built. The event of fire is the most fatal accident in a tunnel, and it can be very disastrous with a high possibility. In this study, QRA (Quantitative Risk Analysis) which is one of quantitative risk analysis approaches was applied to tunnel fire safety design and the evaluation of QRA cases and the cost comparison of QRA methods were carried out. In addition analysis of risk reduction effect of tunnel fire safety system was conducted using AHP (Analytic Hierarchy Process) and the priority of major factors that could mitigate the risk in tunnel fire was presented. As a result, significant cost reduction effect could be obtained by incorporating QRA and it is expected to design fire safety system rationally. The priority of fire safety system based on risk mitigation effect by fire safety system considering the cost is in order of water pipe, emergency lighting, evacuation passage and smoke control system.

A Study on Estimating the Contingency Cost of Small Construct Project (소규모 건설 프로젝트에서의 공사예비비 산정방법에 관한 연구)

  • 송진우;표영민;박성호;이상범
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2004.05a
    • /
    • pp.113-117
    • /
    • 2004
  • We need the contingency cost in order to deal with the uncertainty to be accompanied inevitably at the construction and an every kind risk not to forecast in advance. And also the contingency colt needed for the change order and we need it for reduction of the delay and reduce the trouble between owner and constructor. This study, through checking and analyzing the risk factor, in the step of domestic construction, suggests optimal management reserve to specific business about the contract type and the scale. The main results of this research are summarized as follow. First, I investigated the recognition about the contingency cost, grasped the risk to be happened at the construction step and found out the frequency occurrence, through making up question to engineer are carrying out their job in the domestic construction. Second, I computed optimal contingency cost rate by the statistics investigation, and proposed an improvement plan and problem when compute a contingency cost.

  • PDF

The Study on RVSM Safety Assessment of Incheon FIR (인천 비행정보구역의 RVSM 안전성 평가 연구)

  • Shin, Dae-Won;Kim, Seung-Kyem
    • Journal of the Korean Society for Aviation and Aeronautics
    • /
    • v.14 no.1
    • /
    • pp.49-54
    • /
    • 2006
  • The purpose of RVSM is to reduce vertical separation minima for aircrafts which operate between FL290- FL410 inclusive in regional airspace, and to increase airspace capacity by providing additional flight levels. In order to introduce RVSM, it is necessary to estimate quantitatively airborne collision risk due to the reduction in vertical separation minimum. In this study, the basic concept of RVSM safety assessment and Reich collision risk model are introduced and mid-air collision risk in Incheon FIR is estimated based on ICAO RVSM safety assessment technique and Reich Model.

  • PDF

A Study on the Strategies of Hedging System Trading Using Single-Stock Futures (개별주식선물을 이용한 시스템트레이딩 헤징전략의 성과분석)

  • Kim, Sun Woong;Choi, Heung Sik;Kim, Nam-Hyun
    • Korean Management Science Review
    • /
    • v.31 no.1
    • /
    • pp.49-61
    • /
    • 2014
  • We investigate the hedging effectiveness of incorporating single-stock futures into the corresponding stocks. Investing in only stocks frequently causes too much risk when market volatility suddenly rises. We found that single-stock futures help reduce the variance and risk levels of the corresponding stocks invested. We use daily prices of Korean stocks and their corresponding futures for the time period from December 2009 to August 2013 to test the hedging effect. We also use system trading technique that uses automatic trading program which also has several simulation functions. Moving average strategy, Stochastic's strategy, Larry William's %R strategy have been considered for hedging strategy of the futures. Hedging effectiveness of each strategy was analyzed by percent reduction in the variance between the hedged and the unhedged variance. The results clearly showed that examined hedging strategies reduce price volatility risk compared to unhedged portfolio.

The Optimization of the Production Ratio by the Mean-variance Analysis of the Chemical Products Prices (화학 제품 가격의 변동으로 인한 위험을 최소화하며 수익을 극대화하기 위한 생산 비율 최적화에 관한 연구)

  • Park, Jeong-Ho;Park, Sun-Won
    • Journal of Institute of Control, Robotics and Systems
    • /
    • v.12 no.12
    • /
    • pp.1169-1172
    • /
    • 2006
  • The prices of chemical products are fluctuated by several factors. The chemical companies can't predict and be ready to all of these changes, so they are exposed to the risk of a profit fluctuation. But they can reduce this risk by making a well-diversified product portfolio. This problem can be thought as the optimization of the product portfolio. We assume that the profits come from the 'spread' between a naphtha and a chemical product. We calculate a mean and a variation of each spread and develop an automatic module to calculate the optimal portion of each product. The theory is based on the Markowitz portfolio management. It maximizes the expected return while minimizing the volatility. At last we draw an investment selection curve to compare each alternative and to demonstrate the superiority. And we suggest that an investment selection curve can be a decision-making tool.

Fascia Chuna Therapy for Piriformis Syndrome: A Review of Clinical Study (이상근증후군의 근막 추나 요법에 대한 문헌 고찰 연구 보고)

  • Park, In-hwa
    • The Journal of Churna Manual Medicine for Spine and Nerves
    • /
    • v.16 no.2
    • /
    • pp.39-45
    • /
    • 2021
  • Objectives The purpose of this study was to assess the effect of fascia chuna therapy in the treatment of piriformis syndrome. Methods A literature search was conducted using 8 databases to identify all randomized controlled clinical trials (RCTs) that investigated fascia chuna therapy as a treatment for piriformis syndrome. The selected studies are analyzed the risk of bias through Cochrane risk of bias tool. Results Among 37 articles that were searched, 3 RCTs met our inclusion criteria and were included in this analysis. These studies demonstrated positive results of Fascia Chuna Therapy with respect to the reduction of pain scale and functional scale compared with other treatment methods. Conclusions Based on results, fascia chuna therapy could be effective in piriformis syndrome. However there are limitations that the number of selected studies was small and risk of bias was unclear. More well-designed RCTs are required to provide clearer evidence.

Experiment on countermeasures against cyber security vulnerabilities using redundancy of ISO 19847 Shipboard Data Server (ISO 19847 선박 데이터 서버 이중화를 통한 사이버 보안 취약성 대응 방안 실험)

  • Lee, ChangUi;Lee, Seojeong
    • Journal of Korea Multimedia Society
    • /
    • v.25 no.6
    • /
    • pp.793-806
    • /
    • 2022
  • As the IMO introduced MASS (Maritime Autonomous Surface Ships), ISO(International Organization for Standardization) announced ISO 19847 of a maritime data sharing standard for collecting and remotely managing data of ship systems. Previous literature evaluated the risk using HAZOP for ISO 19847 and proved that risk assessment is useful through experiments. However, redundancy of ISO 19847 ship data server which is one of the risk reduction method suggested in previous literature, was designed but couldn't tested due to the limitations of the conditions. So, in this study, to prove the usefulness of the ship data server redundancy of ISO 19847 which was not tested in previous literature. It based on the design of previous literature, and the network of ship data servers was modeled using the SES/DEVS format and simulated using the DEVS# open source library.