• Journal of the Korea Society of Computer and Information
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• v.26 no.8
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• pp.139-147
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• 2021

In this study, we proposed the possibility of reliability analysis of risk index by using Monte Carlo simulation as basic data of safety accident occurrence data and expert opinion by construction industry type. Through this, it is expected that risk index for safety accidents according to detailed types of works will be presented stochastically and it will be possible to predict the risk factors and the expected range of damage based on the reliability analysis in the construction safety management plan. It will also reduce many of the planning risks that are common to decision makers in the field of construction management. In identifying risks, road bridge construction was classified into earthworks, drainage works, and bridge construction, and possible safety accidents were classified based on expert data. The risk index was calculated for each detailed construction of road and bridge construction, drainage construction, and bridge construction.

• Journal of the Korean Society of Safety
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• v.37 no.6
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• pp.166-173
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• 2022

A variety of input parameters are taken into consideration while performing a Level 3 PSA. Some parameters related to plume segments, spatial grids, and particle size distribution have flexible input formats. Fine modeling performed by splitting a number of segments or grids may enhance the accuracy of analysis but is time-consuming. Analysis speed is highly important because a considerably large number of calculations is required to handle Level 2 PSA scenarios for a single-unit or multi-unit Level 3 PSA. This study developed a sensitivity analysis supporting interface called MACCSsense to compare the results of the trials of plume segmentation with the results of the base case to determine its impact (in terms of time and accuracy) and to support the development of a modeling approach, which saves calculation time and improves accuracy. MACCSense is an automation tool that uses a large amount of plume segmentation analysis results obtained from MUST Converter and Mr. Manager developed by KAERI to generate a sensitivity report that includes impact (time and accuracy) by comparing them with the base-case result. In this study, various plume segmentation approaches were investigated, and both the accuracy and speed of offsite consequence analysis were evaluated using MACCS as a consequence analysis tool. A simultaneous evaluation revealed that execution time can be reduced using multi-threading. In addition, this study can serve as a framework for the development of a modeling strategy for plume segmentation in order to perform accurate and fast offsite consequence analyses.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.373-378
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• 2003

Korea's overseas construction industry has been rather depressed by the weakened profitability as well as the sharp decrease of the market shares due to the lack of international competitiveness and the declined international market following the outbreak of Iraq war. There exist a lot of various risks in performing the overseas construction, and especially EPC projects, which entail complicated process from different parts, also require a sophisticated procurement and management skill. Subsequently, to survive in the competitive international market, we need to establish strategies to select potentially profitable projects at the initial stage of bidding process and to mitigate the high degree of risk exposures through contract negotiation and its adjustment. This research provides the profitability evaluation bases, with which overseas construction participants can forecast and analyze the risk more systematically, by eliciting profit-influencing factors from real overseas construction projects and structuring their cause-and-effect relationships. The profitability causal hierarchy structure describes the profitability factors' hierarchy in details and their interrelationships. It also enables us to find out critical factors directly related to profitability aggravation through a qualitative analysis. Ultimately, with this hierarchy structure as the base, the research will suggest how to develop the quantitative profitability forecasting model.

• The Korean Journal of Financial Management
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• v.23 no.2
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• pp.209-237
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• 2006

Since previous default forecasting models for the firms evaluate the probability of default based upon the accounting data from book values, they cannot reflect the changes in markets sensitively and they seem to lack theoretical background. The market-information based models, however, not only make use of market data for the default prediction, but also have strong theoretical background like Black-Scholes (1973) option theory. So, many firms recently use such market based model as KMV to forecast their default probabilities and to manage their credit risks. Korean firms also widely use the KMV model in which default point is defined by liquid debt plus 50% of fixed debt. Since the debt structures between Korean and American firms are significantly different, Korean firms should carefully use KMV model. In this study, we empirically investigate the importance of debt structure. In particular, we find the following facts: First, in Korea, fixed debts are more important than liquid debts in accurate prediction of default. Second, the percentage of fixed debt must be less than 20% when default point is calculated for Korean firms, which is different from the KMV. These facts give Korean firms some valuable implication about default forecasting and management of credit risk.

• Journal of the Korea institute for structural maintenance and inspection
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• v.25 no.6
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• pp.161-168
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• 2021

This paper is a maintenance system for bridge represented by Class 3 and other than by law bridges. Domestic bridge are divided into Class 1 & 2 bridges and Class 3 & other than by law bridges. The number of type 3 and other than by law bridges is very large. But, it is considered to be of relatively low importance compared to Class 1 & 2 Bridge Bridge. So, in this paper is propose a maintenance system and procedure for small & medium-sized bridges. However, because the number of small & medium-sized bridges is large, it is not possible to evaluate the performance of all bridges like Class 1 & 2 bridge. The reason is the lack of manpower and budget. Based on the Risk Matrix method, a maintenance procedure was created to select the bridge for which performance evaluation should be performed first. For this purpose, basic information of the bridge is used. And, the developed maintenance procedures were applied to the bridges in actual use.

• Economic and Environmental Geology
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• v.55 no.4
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• pp.399-406
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• 2022

In line with the megatrend of 2050 carbon neutrality, the amount of critical minerals used in clean-energy technology is expected to increase fourfold and sixfold, respectively, according to the Paris Agreement-based scenario as well as the 2050 carbon-neutrality scenario. And, in the case of Korea, in terms of the battery supply chain used for secondary batteries, the midstream that manufactures battery materials and battery cell packs shows strength, but the upstream that provides and processes raw materials is experiencing difficulties. The Korea Institute of Geoscience and Mineral Resources has established a strategy to secure lithium, nickel, and cobalt and is conducting surveys to respond to the upstream risk of these types of battery raw materials. In the case of lithium, exploration has been carried out in Uljin, Gyeongsangbuk-do since 2020, and by the end of 2021, the survey area was selected for precision exploration by synthesizing all exploration data and building a 3D model. Potential resources will be assessed in 2022. In the case of nickel, the prospective site will be selected by the end of 2022 through a preliminary survey targeting 10 nickel sulfide deposits that have been prospected in the past. In the case of cobalt, Boguk cobalt is known only in South Korea, but there is only a record that cobalt was produced as a minor constituent of hydrothermal deposit. According to the literature, a cobalt ore body was found in the contact area between serpentinite and granite, and a protocol for cobalt exploration in Korea will be established.

• The Journal of the Convergence on Culture Technology
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• v.9 no.3
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• pp.75-79
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• 2023

ESG management means to thoroughly consider the investor's perspective when evaluating corporate value, and environmental, social, and governance issues are continuous and strategic monitoring issues in identifying risk and opportunity factors related to corporate management activities. In other words, the perspective of value creation is reflected in business relationships. The fundamental purpose of ESG management is continuous business value creation and thorough management of investment risks and business transactions in contractual relationships. It is also a requirement of linked investors. The field that Korean companies are currently experiencing the most is the recognition that 'ESG information collection is necessary and maintenance must be prioritized' in investor IR and global sales and marketing departments, and the primary need for this is emerging. In addition, as the legal affairs office, environmental safety department, and human resources department, which conduct compliance management, carry out related tasks, clarity at the organizational level must precede in order to properly establish an information integration and management system. It covers the scope of securing new market opportunities such as management, disclosure and communication. Therefore, in regard to the newly emerging ESG management and response methods, it is necessary to review and implement it repeatedly so that sustainable exchange profits can be created by simultaneously managing non-financial risks as well as efforts to enhance corporate value for financial returns.

• Journal of the Earthquake Engineering Society of Korea
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• v.13 no.6
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• pp.39-46
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• 2009

The selection of an evaluation response spectrum can have a significant effect on the seismic fragility evaluation of a structure. A method for modifying the seismic fragility parameters that are calculated based on the design spectrum is described in this study. The modification factor is used to modify the original fragility parameters. The HCLPF (High Confidence of Low Probability of Failure) acceleration levels of the electric system using previous design spectrum and uniform hazard spectrum (UHS) were compared. Finally, seismic risk analyses were performed according to a uniform hazard spectrum. From the results, it was concluded that based on the design spectrum, seismic risk for the electric system might be underestimated.

• Proceedings of the Korea Water Resources Association Conference
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• 2019.05a
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• pp.186-186
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• 2019

국내에서 자연재난의 대부분을 차지하는 홍수는 매년 반복되어 인명과 재산상의 막대한 손실을 유발하고 있다. 이러한 피해 중 인적피해를 최소화하기 위한 방재계획 및 정책수립이 우선되어야 하지만 적용성 측면에서 미진한 부분이 있는 것이 현실이다. 본 연구는 인적피해 평가를 지원하기 위해 피해실적에 근거한 경험적 인적피해 평가기법을 개발하였다. 또한, 해당기법의 적용성을 평가하기 위해 2017년 청주시 호우피해를 기준으로 적용성 검증을 실시하였다. 인적피해의 경우 인명과 이재민 피해를 동시에 고려하였으며, 인적피해를 위해 기본적으로 노출위험인구와 인적피해 발생확률을 기반으로 하였다. 노출위험인구의 경우 침수구역도와 집계구를 기준으로 계층화된 인구 인벤토리를 이용한 GIS 공간분석 결과로부터 결정된다. 그리고 인적피해 발생확률은 행정안전부의 국가재난관리시스템 내 피해이력, 재해연보 및 한국국토정보공사에서 제공받은 침수흔 적도를 토대로 침수등급과 인구계층을 구분하여 제시하였다. 본 연구를 통해 제시된 보다 효율적이고 정밀한 인적피해 평가 방법이 위험지구 결정, 자연재난 리스크 모델링, 방재사업 대안결정, 예산배분 등의 실무와 학술적 접근에 있어 활발히 활용되길 기대한다.

• Journal of the Korea Convergence Society
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• v.10 no.3
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• pp.59-65
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• 2019

In this paper, we propose a software quality measurement metrics of ISO / IEC 25023, which is newly proposed for software quality evaluation, to compare the difference with ISO / IEC 9126-2 which was used for software quality evaluation. In this paper, we propose a method for evaluating the quality of reliability based on the software reliability growth model among the eight quality characteristics presented in ISO / IEC 25023. Based on ISO / IEC 25023, software-quality evaluations demonstrate that there is some risk in evaluating reliability when based on data.