• Title/Summary/Keyword: Delay Risk

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SIMPLIFIED SIMULATION APPROACH TO MANAGING SCHEDULE-OVERRUN RISKS IN CONSTRUCTION OPERATIONS

  • Wah-Ho CHAN;Ming LU
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.929-934
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    • 2005
  • The complex and dynamic job nature and the ever-changing working environment of construction projects inevitably present uncertainties to construction operations. Identification, evaluation and control of uncertainties constitute main elements of risk management and critical tasks of project management in construction. This paper is focused on application of a simplified discrete-event simulation approach in management of schedule-overrun risks, each being the combination of the occurrence probability of an uncertain interruptive factor and its potential consequence in terms of time delay. A case study observed from a concreting operation in Hong Kong is converted into a simulation model and analyzed with an in-house-developed simulation package for demonstrating how the proposed approach can be implemented to manage multiple schedule-overrun risks on construction projects.

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Multiclass Botnet Detection and Countermeasures Selection

  • Farhan Tariq;Shamim baig
    • International Journal of Computer Science & Network Security
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    • v.24 no.5
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    • pp.205-211
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    • 2024
  • The increasing number of botnet attacks incorporating new evasion techniques making it infeasible to completely secure complex computer network system. The botnet infections are likely to be happen, the timely detection and response to these infections helps to stop attackers before any damage is done. The current practice in traditional IP networks require manual intervention to response to any detected malicious infection. This manual response process is more probable to delay and increase the risk of damage. To automate this manual process, this paper proposes to automatically select relevant countermeasures for detected botnet infection. The propose approach uses the concept of flow trace to detect botnet behavior patterns from current and historical network activity. The approach uses the multiclass machine learning based approach to detect and classify the botnet activity into IRC, HTTP, and P2P botnet. This classification helps to calculate the risk score of the detected botnet infection. The relevant countermeasures selected from available pool based on risk score of detected infection.

Risk Assessment for Abolition of Gross Containment Leak Monitoring System Test in CANDU Design Plant (중수로 원자로건물 총누설감시계통 시험 중지에 따른 리스크 영향 평가)

  • Bae, Yeon-Kyoung;Na, Jang-Hwan;Bahng, Ki-In
    • Journal of the Korean Society of Safety
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    • v.30 no.5
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    • pp.123-130
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    • 2015
  • Wolsong Unit 2,3&4 has been performing a containment integrity test during power operation. This test could impact to the safe operation during test. If an accident occurs during pressure dropping phase, reactor trip can be delayed because of the increased pressure difference which causes a time delay to reach the trip set-point. On the contrary, if an accident occurs during pressure increasing phase, reactor trip could be accelerated because the pressure difference to the trip set-point decrease. Point Lepreau nuclear power plant, which installed GCLMS (Gross Containment Leakage Monitoring System) in 1990, has discontinued the test since 1992 due to these adverse effects. Therefore, we evaluated the risk to obviate the GCLMS test based on PWR's ILRT (Integrated Leak Rate Test) extension methodologies. The results demonstrate that risk increase rate is not high in case of performing only ILRT test at every 5 years instead of doing GCLMS test at every 1.5 years. In addition, the result shows that GCLMS test can be removed on a risk-informed perspective since risk increasement is in acceptable area of regulatory acceptance criteria.

A Study of Risk Analysis on Apartment Reconstruction Projects (공동주택 재건축사업의 리스크 분석에 관한 연구)

  • Lee Lo-Na;Woo Kwang-Min;Lee Hak-Ki
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.232-235
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    • 2004
  • The apartment reconstruction project is making some problems, such as delay of lack specialty, conflict between project owners and cost increasing etc. The enforcement process of project are very complicated, the term of project is long and too many project owners are participating. For this reasons. it is always in the face of uncertainty. To promote the reconstructing project successfully. we need to make risk management process to get rid of uncertain factors which occur in forwarding the reconstructing project This study has for its objects. First, suggest the best way of risk analysis to manage risk factors systematically and efficiently recognized in The Apartment reconstruction protect. Second, furnish basic data to build the risk managing system of The apartment reconstructing project.

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Risk Management of Launch Vehicle Propulsion System (우주 발사체 추진기관의 위험 관리)

  • Cho, Sang-Yeon;Shin, Myung-Ho;Ko, Jung-Hwan;Oh, Seung-Hyub;Park, Jeong-Joo
    • Proceedings of the Korean Society of Propulsion Engineers Conference
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    • 2007.04a
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    • pp.3-6
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    • 2007
  • Korea Aerospce Research Institute(KARI) has been developing the first civilian rocket, Korea space launch vehicle (KSLV-I), which can put the small size satellite into designated orbit. Developing launch vehicles contains a lot of uncertainty due to large scale, complexity, and technical difficulty. The uncertainty may become risk in the areas of business and technology which causes schedule delay, cost increase, and design changes of subsystems and components. This study describes the technical risk identification methods using FTA and procedures of planning and implementation of risk assessment and reduction of launch vehicle propulsion system.

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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
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    • 2020.06a
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    • pp.48-49
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    • 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.

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IDENTIFYING CRITICAL RISKS IN PUBLIC PRIVATE PARTNERSHIP PROJECTS IN SINGAPORE

  • Xianbo Zhao;Bon-Gang Hwang;Mindy Jiang Shu Gay
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.444-450
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    • 2013
  • Public private partnership (PPP) procurement was introduced into Singapore in 2003, and 10 PPP projects was successfully completed and have been in operation. The objective of this study is to identify the critical risk factors and risk allocation preferences for PPP projects in Singapore. To achieve this objective, a comprehensive literature review was carried out and 42 risks were identified and grouped into three meta levels, i.e. macro, meso and micro levels. The questionnaire survey produced 48 completed questionnaires from 48 different contractors. The survey results indicated that 23 risk factors had significantly high criticalities and that four macro-level risks, four meso-level risks and two micro-level risks were among the top 10 risk ranking. "Lack of support from government", "availability of finance" and "construction time delay" were perceived as the top three critical risks. Also, the result implied that micro-level risks had a higher criticality mean score than macro-level and meso-level risks. The findings of this study help both public and private sectors to better understand the risks and their allocation in PPP projects, providing valuable information for organizations that intend to participate in PPP projects in Singapore.

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Predicting Construction Project Cost using Sensitivity Analysis in Stochastic Project Scheduling Simulation (SPSS) (확률 통계적 일정 시뮬레이선 - 민감도 분석을 이용한 최종 공사비 예측)

  • Lee Dong-Eun;Park Chan-Sik
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.4 s.26
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    • pp.80-90
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    • 2005
  • Activity durations retain probabilistic and stochastic natures due to diverse factors causing the delay or acceleration of activity completion. These natures make the final project duration to be a random variable. These factors are the major source of financial risk. Extending the Stochastic Project Scheduling Simulation system (SPSS) developed in previous research; this research presents a method to estimate how the final project duration behaves when activity durations change randomly. The final project cost is estimated by considering the fluctuation of indirect cost, which occurs due to the delay or acceleration of activity completion, along with direct cost assigned to an activity. The final project cost is estimated by considering how indirect cost behaves when activity duration change. The method quantifies the amount of contingency to cover the expected delay of project delivery. It is based on the quantitative analysis to obtain the descriptive statistics from the simulation outputs (final project durations). Existing deterministic scheduling method apply an arbitrary figures to the amount of delay contingency with uncertainty. However, the stochastic method developed in this research allows computing the amount of delay contingency with certainty and certain degree of confidence. An example project is used to illustrate the quantitative analysis method using simulation. When the statistical location and shape of probability distribution functions defining activity durations change, how the final project duration and cost behave are ascertained using automated sensitivity analysis method

Comparison of Reaction Times of Ankle Joint Muscles in the Elderly Men and Women (고령자 남녀의 발목관절 근육 반응시간의 비교)

  • Kim, Ji-Won;Jeong, Hong-Young;Kim, Hyo-Hee;Kwon, Yu-Ri;Eom, Gwang-Moon;Lee, Jeong-Whan;Kim, Kyung-Seoup;Jun, Jae-Hoon;Park, Byung Kyu
    • Journal of Biomedical Engineering Research
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    • v.33 no.4
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    • pp.163-168
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    • 2012
  • Elderly women are reported to have greater risk of falls. The purpose of this paper was to investigate the possible gender differences in the reaction performance of ankle joint muscles, which have dominant role in the control of sagittal plane balance. Twenty-six elderly men and women with comparable mean age participated in this study. Reaction times to the audible beeps were measured in the tibialis anterior muscle and gastrocnemius muscle. Reaction time variables included premotor time, electromechanical delay and total reaction time. Gender difference in each reaction time was investigated by independent t-test. In both muscles, premotor time was longer in men but the electromechanical delay was longer in women (p < 0.05). Resulting total reaction time was longer in men in tibialis anterior muscle (p < 0.01) and it tended to be longer in men also in gastrocnemius muscle (p = 0.25). The results demonstrates that the overall reaction performances of elderly women is better than or comparable to those of elderly men in ankle joint muscles. This suggests that the reaction performance of ankle muscles is hardly the cause of the greater risk of falls in elderly women.

A Risk Quantification of Public Sector Comparator in the Financial Analysis of the BTL (Build-Transfer-Lease) Scheme of Railway Projects: a Case Study of the Haman-Jinju Link (철도 BTL 민자적격성조사의 위험계량화방안 연구)

  • Jang, Su-Eun;Gang, Ji-Hye
    • Journal of Korean Society of Transportation
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    • v.24 no.5 s.91
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    • pp.67-74
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    • 2006
  • This paper proposes a way to a risk quantification of public sector comparator in the value-for-money test of the BTL (Build-Transfer-Lease) scheme in rail investment projects. Two principal risks that are project delay and budget increasing costs are identified and are empirically quantified with a case study of the Haman-Jinju link. The methodology suggested is expected to be a good reference for the similar research afterwards and also to help in settling down the scheme that is only an early stage.