• Title/Summary/Keyword: IT risk

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A Proposal for Risk Management according to Organizational Tendency for the Overseas EPC Projects of Public Company (공기업 해외발전 EPC 사업 진출 시 조직성향에 따른 위험관리 방안에 관한 연구)

  • Jang, Hyung Sik;Koo, Il Seob
    • Journal of the Korea Safety Management & Science
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    • v.24 no.2
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    • pp.67-76
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    • 2022
  • Power generation construction projects involving large amounts of capital can affect the survival of a company along with huge economic losses in the event of a business failure. In general, private companies are organizations with challenging risk taking tendencies while public companies have a risk averse tendency to avoid risk, so these differences in organizational tendencies make it difficult to respond to risk. In particular, public companies are more likely to fail than private companies because they choose the contradiction of risk picking to enter overseas markets with high uncertainty despite their tendency to risk averse due to the nature of the organization. Therefore, these organizations need risk management techniques that reflect a risk-averse strategy. Accordingly, this paper analyzes the risk management research papers of the existing overseas development EPC business in order to find the risk management techniques related to the organizational tendencies of public companies and proposes "establishing a performance audit system for risk management of the organizational tendencies of public companies" as a way to extract the risk factors through the examples of overseas development projects of public companies and to manage the organizational tendencies of public companies that affect them.

The Effect of Perceived Risk, Hedonic Value, andSelf-Construal on Attitude toward Mobile SNS

  • Kim, Ji Yoon;Kim, Sang Yong
    • Asia Marketing Journal
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    • v.16 no.1
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    • pp.149-168
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    • 2014
  • This study investigates the effect of perceived risk on attitude toward mobile Social Network Services (SNSs). First, we understand that perceived risk of SNSs is a multidimensional concept, and we study the relationship between attitude and perceived risk such as social risk, performance risk, and privacy risk in SNS environments. Subsequently, the relationships between these multidimensional concepts of perceived risk and attitude are investigated. The result indicates that social, performance, and privacy risk have negative effects on attitude. In addition, the moderated effect of individual characteristic variables such as hedonic value and self-construal are confirmed as mitigating factors that alleviate the negative impact of perceived risk. The Findings show that customers who perceive SNSs to be risky are more likely to have a negative attitude toward SNSs. However, the negative impact of perceived risk on their attitude toward SNSs is alleviated in customers with high hedonic value. Similarly, the negative impact of perceived risk on their attitude toward SNS is weaker with customers in interdependent self-construal. This paper presents effective segmentation variables, such as consumer's motivation (hedonic value) and psychological variable (self-construal), which mitigate the risk perception of customers. Therefore, it provides practical guidelines for the marketing managers in terms of who to target and what kind of strategies to implement in terms of these segmentation variables to approach consumers more efficiently.

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Impacts of Low User and Project Management Risk on IT Project of Public Sector: The Moderating Effect of User Knowledge (사용자 및 프로젝트 관리 위험 감소가 공공부문 IT 프로젝트 성과에 미치는 영향 : 사용자 지식의 조절효과)

  • Lee, Sooin;Kim, Sanghyun
    • Journal of Digital Convergence
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    • v.18 no.6
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    • pp.187-196
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    • 2020
  • We tried to do research on main views(risk and knowledge-based) and propose user knowledge as a factor to be managed in order to strengthen the performance. This study empirically analyzed the user-related and project management risk that affect the IT project performance, and verified user knowledge as a moderating variable. The survey was conducted for respondents who have experience on IT Project of public sector and data were analyzed by Smart PLS 3.0. The results show that low user-related and project management risks have a positive effect on performance. In addition, user knowledge has been shown to enhance the impact of two risks on performance. These findings are meaningful in that they emphasize the importance of user knowledge in public-sector IT projects, as well as the repeated verification of integrated research results.

Development Strategy on the Risk Rating Method for Nationwide Emerging IT Infrastructure (국가단위 신규 IT인프라의 위험도 등급화 기법 개발 방향 연구)

  • Kim, Sangkyun
    • Journal of Industrial Technology
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    • v.30 no.B
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    • pp.11-16
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    • 2010
  • To provide a development strategy on the method which assesses a potential risk of nationwide emerging IT infrastructure in planning and design phase, and to classify the assessment result into 5 levels is the goal of this research. The development strategy provided in this paper could improve a benefit-cost-ratio of investments on emerging IT infrastructure. With a premature assessment of the potential risks of a nationwide emerging IT infrastructure which needs astronomical amount of public funds, it could show a way of systematic investments on security systems and improve a benefit-cost-ratio of investments on emerging IT infrastructure. Also, this approach might improve the safety of nationwide IT infrastructure. It could identify and provide an optimized solution for the potential risks of nationwide IT infrastructure.

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Effect of Proof Test of Protective System on Securing Safety of Off-site Risk Assessment (보호시스템 보증시험 적용이 장외영향평가 안전성 확보에 미치는 영향)

  • Kim, Min-Su;Kim, Jae-Young;Lee, Eun-Byeol;Yoon, Junheon;Park, Jai Hak
    • Journal of the Korean Society of Safety
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    • v.32 no.6
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    • pp.46-53
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    • 2017
  • The risk is expressed as consequence of damage multiplied by likelihood of failure. The installation of a protective system reduces the risk by reducing the likelihood of failure at the facility. Also, the protective system has different effects on the likelihood of failure according to the proof test cycle. However, when assessing risks in the Off-site Risk Assessment (ORA) system, the variation in risk was not reflected according to the proof test cycle of protective system. This study was conducted to examine the need for proof test and the importance of cycle setting by applying periodic proof test of the protective system to ORA. The results showed that the likelihood of failure and the risk increased with longer proof test cycle. The risk of a two-yearly proof test was eight times greater than that of a three-month cycle. From the results, the protective system needs periodic proof test. Untested protective system for a long term cannot be reliable because it is more likely to be failed state when it is called upon to operate. In order to reduce the risk to an acceptable level, it is effective to differently set the proof test cycle according to the priority. This study suggested a more systematic and accurate risk analysis standard than ORA. This standard is expected to enable an acceptable level of risk management by systematically setting the priority and proof test cycle of the protective system. It is also expected to contribute to securing the safety of chemical facilities and at the same time, will lead to the development of the ORA system.

Study on Verification of Applicability for a Warehouse Construction Site using a Fire Risk Assessment Tool (화재위험도 평가 Tool에 의한 물류창고 공사장 적용성 검증에 관한 연구)

  • YongGoo Seo;SeHong Min
    • Journal of the Society of Disaster Information
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    • v.19 no.3
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    • pp.673-688
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    • 2023
  • Purpose: Fires that occur during construction are infrequent, but cause great damage. Recently, with the growth of the logistics and distribution industry, the number of construction sites for new logistics warehouses is increasing, so it was selected as a research subject and research was conducted to reduce accidents at construction sites through the development of a fire risk assessment tool to quantitatively approach fire prevention. Method: A comprehensive fire risk assessment tool was accumulated by classifying the work in progress, classifying combustibles and ignition sources by grade, excluding air (oxygen), which is difficult to control, and additionally substituting evacuation safety. Result: Using the developed and proposed fire risk evaluation tool, excavation work with low fire risk, facility construction with medium fire risk, and finishing work with high fire risk were sampled to derive the result (CGI). Conclusion: In this study, it was possible to establish specific preventive measures and evaluate evacuation safety by controlling physical conditions (combustibles) and energy conditions (ignition sources) according to the risk assessment by developing a tool that can evaluate the risk of 14fire occurrence at construction sites. It is expected that in the future, through the application of the fire risk evaluation tool at construction sites, it will be provided as a criterion for establishing a process plan that can reduce risk and evaluating the adaptability of firefighting equipment.14

A Case Study of Risk Management factors in Web Design Project (웹 디자인 프로젝트에서 리스크 매니지먼트 요인에 대한 사례 연구)

  • 박은영
    • Archives of design research
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    • v.16 no.4
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    • pp.69-78
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    • 2003
  • Risk Management is one of the most important factors in web design project management. The purpose of risk management is to identify reasons of risk to avoid risky situation and successfully achieve final goal of the project. This paper first describes concept of the web design project management and its processes. Secondly this study presents planning principles for systematic risk management process. Also it suggests a model of risk management. Finally this paper demonstrates utility of the risk management model through case studies based on the suggested risk management model.

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Establishing Traffic Speed Limits Standard and Accident Risk Analysis of Truck (화물차량의 사고위험도 분석 및 통행속도 제한기준 정립)

  • Kim, Jae Hyun;Hong, Ki Nam;Seo, Dong Woo
    • Journal of the Korean Society of Safety
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    • v.31 no.5
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    • pp.149-157
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    • 2016
  • This paper presents the traffic speed limit of heavy vehicles at each wind velocity region, which is based on their accident risk analysis under cross-wind. The variables for the accident risk analysis are overall height, overall length, intake weight, and friction coefficient of the road surface. It was confirmed from analysis results that the risk of overturning increased with higher overall height and length, and the risk of sliding decreased with higher intake weight. The risk of sliding was largest at the friction coefficient of 0.1, and the risk of overturning was lagest at friction coefficient more than 0.25. Finally, traffic speed limit was proposed by using the accident risk analysis.

The Influence of Media, Consumer, and Product Characteristics on Perceived Risk and Purchasing Intention (매체, 소비자, 제품 특성이 지각된 위험과 구매의도에 미치는 영향)

  • 손경희;이현규
    • The Journal of Information Systems
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    • v.12 no.1
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    • pp.117-144
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    • 2003
  • The purpose of this study is to be aware of the relationship between the perceived risk and purchasing intention after investing the impacts by 3 factors-consumer, media, and product characteristics on the perceived risk. The influence on perceived risk is categorized based on the 3 factors' combinations. The result of this study shows that the each characteristics of media, consumer, and product affect consumer's perceived risk and also this risk is affected by the relationship among these 3 independent variables. These results mean that the consumer's perceived risk about buying goods at the internet shopping mall or TV home shopping cannot be measured by a single dimension. Finally, it has a negative relationship between the perceived risk and purchasing intention. Implications for managers' use of shopping media are discussed in terms of the product and media characteristics fit.

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Comparative Study on the Institutional Framework of Risk Assessment between German, UK and Korea, Japan in Asian Countries (독일, 영국과 한국, 일본 등 아시아 국가 간의 위험성평가 제도 비교연구)

  • Shin, In Jae
    • Journal of the Korean Society of Safety
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    • v.28 no.1
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    • pp.151-157
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    • 2013
  • This paper is a comparative study on risk assessment policy between Asian countries such as Japan, Korea, Singapore and EU countries, German, UK. Risk assessment is a tool adopted currently in many countries in order to reduce occupational risk in workplace because it help employers to identify their hazard arousing in their working conditions then to settle the issues. This paper compares institutional framework posed in EU and Asian countries. As a result of comparative study, EU countries have more concrete legal system for risk assessment than Asian countries. But Asian countries are now interested in risk assessment such as Japan, Korea and Singapore. The author also suggests successful ways to settle down the risk assessment policy in a country. These findings help to understand occupational health and safety policy on risk assessment in Asian countries.