• Korean Journal of Construction Engineering and Management
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• v.16 no.1
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• pp.15-23
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• 2015

In the construction industry, risk management has gained constant attention as the factor not only to evaluate global competitiveness of the country but also to secure competitiveness of public institutions and private companies. For effective construction risk management, the specific work process improvement that can be employed in the field in terms of risk management of the entire corporation such as financial, insurance and safety management is necessary. To manage construction risks, what is important is the step to identifying inherent risks in the construction project. The identification of risks will be followed by the step to seeking ways to establish and manage strategies responding to the risks. This study suggests ways and processes to make a checkslit to identify risks through case studies. To that end, the focus will be placed on working process improvement of risk identification among stages to manage construction risks such as risk identification and analyses, planning to respond to risks, risk monitoring and management. The case study checklists show that setting up the system to classify risks by stage is helpful to figure out causes of risks to reduce or eliminate risk factors. The checklist making process that considers features of the project is expected to contribute to successful completion of the project by enabling effective risk identification and systematic risk management.

• Journal of Digital Convergence
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• v.15 no.4
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• pp.181-190
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• 2017

Recently, safety accidents of daily necessities such as humidifier disinfectant, mobile phones, and infant diapers, have occurred frequently. To protect consumers from these accidents, product safety management is required, and a product risk assessment tool is needed to evaluate the degree of safety of the product. In this paper, we have constructed RAS, which is a system that can evaluate product risk based on injury information of product accident in Korea Consumer Agency. RAS consists of an injury information analysis system for analyzing accident-related information and a risk assessment system for assessing risk using information derived from the system. The Bayesian network - based probabilistic method is applied to reflect the causal relationships that affect product risk in the risk assessment process. We used RAS to evaluate 33 children's products and compared them with the results of EU RAPEX RAG. Subsequent tasks include reducing the subjectivity of the input of the accident impact scale, and linking the above two systems.

• Korean Journal of Construction Engineering and Management
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• v.10 no.4
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• pp.14-25
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• 2009

Development work of apartment houses is a complex medium-and long-term project requiring grand resources and work force. Since in combination inner and outer project variables relate to project output, uncertainties caused by not only a given site condition but also politic, economy and social sectors are generated during the project. These risks influence output of the project as important factors, and ultimately as management variables in priority giving an effect on earnings and the financial structure of enterprises they should be manageable with the risk reduction plan. In this point of view, this study focused on development work of apartment houses among construction project. Risky factors were deduced, analyzed and evaluated based on Value Engineering from planning to designing to executing to maintaining. Eventually, this study showed the foundation guaranteeing competitive power of public and private construction sectors.

• Environmental and Resource Economics Review
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• v.22 no.1
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• pp.99-125
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• 2013

Renewable energy industry not only has a promising future but also has more risk than conventional energy industry because of its characteristics. Therefore, in this study, an analysis of domestic renewable energy company risk has been performed. The risk of domestic wind and photovoltaic energy companies has been analyzed by using time varying beta model. The model has been constructed based on risk factors like firm size, firm diversification index, domestic installation, and so on. The principal result of analysis can be summarized as follows. First, risk factors affect domestic renewable energy companies have been discovered. Variables like firm size, growth rate of debt ratio, firm diversification index are statistically significant. I found that large firms are less riskier than small firms. It is also confirmed that companies with high diversification index and high debt ratio have high risk. Second, I got the result that policy factors like domestic renewable energy installation and government R&D expenditure could decrease risk of domestic renewable energy company. Third, relative sensitivity of each risk factor have been discovered. The effect of each variable gets bigger in this order: growth rate of domestic installation, firm size or diversification index, growth rate of debt ratio, growth rate of government R&D expenditure.

• Proceedings of the Korean Society of Propulsion Engineers Conference
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• 2004.03a
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• pp.628-633
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• 2004

초소형위성은 개발기간의 단축에 따른 발사 비용의 저감과 업무와 기능의 분산화에 따른 발사 실패의 리스크 저감 등 여러 장점이 있기 때문에 그 필요성이 높아지고 있다.(중략)

• Journal of the Korean Association of Geographic Information Studies
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• v.19 no.4
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• pp.36-51
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• 2016

This study assessed urban flood risk using a Bayesian probability statistical method and GIS incorporating a climate change scenario. Risk is assessed based on a combination of hazard probability and its consequences, the degree of impact. Flood probability was calculated on the basis of a Bayesian model and future flood occurrence likelihoods were estimated using climate change scenario data. The flood impacts include human and property damage. Focusing on Seocho-gu, Seoul, the findings are as follows. Current flood probability is high in areas near rivers, as well as low lying and impervious areas, such as Seocho-dong and Banpo-dong. Flood risk areas are predicted to increase by a multiple of 1.3 from 2030 to 2050. Risk assessment results generally show that human risk is relatively high in high-rise residential zones, whereas property risk is high in commercial zones. The magnitude of property damage risk for 2050 increased by 6.6% compared to 2030. The proposed flood risk assessment method provides detailed spatial results that will contribute to decision making for disaster mitigation.

• Journal of the Korean Geotechnical Society
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• v.26 no.3
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• pp.59-68
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• 2010

Systematic risk management is necessary in grand scaled urban construction because of the existence of complicated and various risk factors. Problems of obstructions, adjacent structures, safety, environment, traffic and geotechnical properties need to be solved because urban construction is progressed in limited space not as general earthwork. Therefore the establishment of special risk management system is necessary to manage not only geotechnical properties but also social and cultural uncertainties. This research presents the technique analysis by the current state of risk management technique. Risk factors were noticed and the importance of each factor was estimated through survey. The systemically categorized database was established. Risk extraction module, matrix and score module were developed based on the database. Expected construction budget and time distribution can be computed by Monte Carlo analysis of probabilities and influences. Construction budgets and time distributions of before and after response can be compared and analyzed 80 the risks are manageable for entire whole construction time. This system will be the foundation of standardization and integration. Procurement, efficiency improvement, effective time and resource management are available through integrated management technique development and application. Conclusively decrease in cost and time is expected by systemization of project management.

• Proceedings of the Korean Society of Computer Information Conference
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• 2022.07a
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• pp.107-109
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• 2022

본 논문은 건설구조물 안전의 가장 중요한 요소 중 하나인 콘크리트 압축강도 안정성을 확보하기 위한 시스템으로, 콘크리트 구조물을 만들 재료인 레미콘의 수분 감소율에 따른 압축강도 감소 리스크를 관리할 수 있는 모델을 제시하였다. 동일한 물,시멘트비(W/C)로 생산된 레미콘은 현장타설시까지 교통환경으로 인한 도착시간 지연 및 강우, 강설 등 외부적인 요건으로 감수율이 발생하는 리스크가 발생한다. 이로 인해 콘크리트의 압축강도가 저감하는 중대한 문제가 발생한다. 본 연구에서 제시한 알고리즘을 이용하여 현장 타설전 콘크리트 시료의 함수율을 측정하여 감수율이 발생한 제품 발견시, 실시간으로 Operator로 GCM 기반의 Push Alarm을 전송하여 감수율이 반영된 제품을 제공함으로써 구조물의 안전성을 확보할 수 있는 시스템을 모델링하였다. 본 연구는 기존시스템의 문제점을 실시간으로 개선할 수 있는 것으로 건설현장의 구조물 안정성 확보에 효과가 클 것으로 기대된다.

• Journal of the Korea Institute of Building Construction
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• v.22 no.3
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• pp.259-268
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• 2022

Electric shutters for buildings are being developed in Korea and abroad on a regular basis and can be used in different types of buildings such as company buildings and fire stations, etc. However, the fall risk factors induced by a variety of functions of building electric shutters require safety control. We reviewed the technological trends and legal standards in Korea and abroad, analyzed incident cases, and identified fall risk factors requiring control. We inspected all the building electric shutters in Korea based on the fall risk factors. As a result, we identified 91 noncompliance cases, in 69 percent of all 132 locations. In this study, backed by the inspection results, we suggest a check list to prevent the fall of building electric shutters to ensure safety and conduct verification using a focus group interview.

• Korean Journal of Construction Engineering and Management
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• v.21 no.5
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• pp.64-73
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• 2020

The government announced a plan for fund support to the enterprises with high possibility of recovery and early restructuring for the enterprises with low recovery by objectifying credit assessment system. Such announcement of government could be extended to restructuring risk of middle standing enterprises with low financial soundness by establishing the basis to prepare prompt restructuring by reinforcing the basis for restructuring through capital market. This research analyzed financial soundness based on the financial evaluation of bank by selecting 10 middle standing construction companies which focused on housing business in 2019, based on such analysis result, it was confirmed that there was a high possibility of restructuring risk. This research determined that there would be a decrease in growth rate of construction industry on the whole in 2020 due to fall of economic growth rate and reinforced real estate regulation, accordingly, there's a big possibility for middle standing construction companies with paid-in capital ratio due to its low possibility of maintenance of stable credit rating. This research established KCSI assessment model by utilizing the material of a reliable research institute in order for middle standing construction companies to evade restructuring risk, and indicated risk ratio differentiated per each item through a working-level expert survey. Such research result could suggest credit risk reduction method to middle standing construction company management staffs, and prepare a basis to evade restructuring risk.