• Title/Summary/Keyword: Previous Risk Evaluation

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An Exploratory Study on the Relationship with Previous Project Risk Evaluation and Project Performance (사전 프로젝트 리스크 평가와 프로젝트 성과와의 관계에 관한 탐색적 연구)

  • Hosnag, Kim;Kyungsik Yang
    • Journal of Service Research and Studies
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    • v.12 no.3
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    • pp.70-92
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    • 2022
  • Project risk assessment is the most important activity performed at the beginning of a project because it can judge the performance of the project in advance. In this study, We were evaluated risk with traditional risk factors such as technology and schedule, etc, and Indirect risks factors such as financial, strategic, and special risks. and then, we analyzed what kind of relationship these risk evaluation factors have on business performance and customer satisfaction. As a result of the research, it was found that the risk evaluation items had a relationship with performance and customer satisfaction. However, It is possible that the performance may differ depending on how risks are managed after risk assessment. Therefore, follow-up studies should be conducted, including information on risk management practices. This study is meaningful that presenting practical risk evaluation items and at the same time identifying the relationship with performance. We plan to further the study in future studies including the evaluation of risk management process.

Sample Size Estimation for Risk Assessment and Monitoring Based on Heavy Metal Monitoring Data from Food Items (위해평가 및 모니터링 수행을 위한 표본크기 추정연구: 식품 중 중금속 모니터링 데이터를 중심으로)

  • Kang, Hui Seung;Ko, Ahra;Jeong, Da-Hyun;Ha, Mira;Hwang, Myung-Sil;Hong, Jin-Hwan;Hwang, In Gyun;Yoon, Hae-Jung
    • Journal of Food Hygiene and Safety
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    • v.30 no.2
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    • pp.127-131
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    • 2015
  • This study aimed to calculate the required sample size to monitor food items during risk assessment studies. Based on a data set from a previous study (2,400 data points for heavy metal assessment from 17 food items), the required sample size was estimated by using a single equation with the standard deviation value, error range, and 95%-99% confidence intervals. The required sample size was calculated with each of the heavy metals for the assessment. The results showed that cadmium, lead, and mercury of required sample sizes for further monitoring were range of 7-90, 7-1, 062, and 11-238, respectively. We found that the required sample size varied depending on the standard deviation of the previous monitoring data. This study provides a basic method to determine the minimum sample size required in food monitoring to devise practical sampling strategies.

THREE-STAGED RISK EVALUATION MODEL FOR BIDDING ON INTERNATIONAL CONSTRUCTION PROJECTS

  • Wooyong Jung;Seung Heon Han
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.534-541
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    • 2011
  • Risk evaluation approaches for bidding on international construction projects are typically partitioned into three stages: country selection, project classification, and bid-cost evaluation. However, previous studies are frequently under attack in that they have several crucial limitations: 1) a dearth of studies about country selection risk tailored for the overseas construction market at a corporate level; 2) no consideration of uncertainties for input variable per se; 3) less probabilistic approaches in estimating a range of cost variance; and 4) less inclusion of covariance impacts. This study thus suggests a three-staged risk evaluation model to resolve these inherent problems. In the first stage, a country portfolio model that maximizes the expected construction market growth rate and profit rate while decreasing market uncertainty is formulated using multi-objective genetic analysis. Following this, probabilistic approaches for screening bad projects are suggested through applying various data mining methods such as discriminant logistic regression, neural network, C5.0, and support vector machine. For the last stage, the cost overrun prediction model is simulated for determining a reasonable bid cost, while considering non-parametric distribution, effects of systematic risks, and the firm's specific capability accrued in a given country. Through the three consecutive models, this study verifies that international construction risk can be allocated, reduced, and projected to some degree, thereby contributing to sustaining stable profits and revenues in both the short-term and the long-term perspective.

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The Effect of Extrinsinc Cues on the Clothing Products Evaluation (의류상품평가에 대한 외재적 단서의 영향)

  • 이선재
    • Journal of the Korean Society of Costume
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    • v.43
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    • pp.125-142
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    • 1999
  • This research was aimed to present a model of clothing products evaluation nd to classify the effect of extrinsic cues on clothing products evaluation. In order to accomplish following subjects were established. First it is to find the effect of extrinsic cues -price brand store - on perceived quality perceived risk perceived value and purchase intention of clothing products. Second it is to formulate a model of clothing products evaluation and find the relation among the variables such as extrinsic cues perceived quality perceived risk perceived value and purchase intention. This research was mainly divided into theoretical and empirical part. In the theoretical part previous theories and studies on clothing products cues clothing products evaluation perceived quality perceived risk and perceived value were examined to establish a research model and to present a theoretical frame for clothing products evaluation. In the empirical research a questionnaire was developed and statistical data were collected from during July 1997. The subjects were 862 women in the age of 20-35 living in Seoul and kyungki region. SAS and LISREL were used to analyze the collected data. frequency percentage factor analysis ANOVA duncan test correlation analysis regression analysis and LISREL were applied. The results of this research are as follows: First perceived quality consists of performance quality external quality and utility quality in a form of multi dimensional structural. Perceived risk is structured by social/resultant risk financial/fashionable risk and performance/management risk. Second this research proved that extrinsic cues are influenced by each individual variable and extrinsic cues interact with each other through the variable. The perceived quality is influenced most by price Among the perceived risk social/resultant risk by brand financial/fashionable risk by price and performance/management risk by store. respectively. Perceived value is inflenced by price and brand. Third in evaluating process consumer use extrinsic cues to first formulate perceived quality and perceived risk of clothing products and then formulate perceived value ot decide on purchase intention.

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Evaluation on Risk at the Port of Mokpo and its Approaches based on Relative Importance of Risk Factors for Marine Traffic Environment (해상교통환경 위험요소의 상대적 중요도를 고려한 목포항 및 진입수로의 위험도 평가)

  • Lee, Hong-Hoon;Kim, Chol-Seong
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.19 no.4
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    • pp.375-381
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    • 2013
  • To assess the risk of marine traffic environments, with high confidential level, the risk factors comprising it should be identified and the risk acceptance criteria should be also provided. Furthermore, the relative importance of each risk factor(the weight of each risk factor on total risk) should be analyzed because the risk is expressed as the sum of risk factors comprising it. The twenty kinds of risk factors and its assessment criteria were suggested for the domestic marine traffic environments by an examination of the existing risk assessment models on the previous studies. The relative importance of each risk factor was also analyzed through the questionnaire using analytic hierarchy process by the marine traffic experts on the same studies. Based on these previous studies, the risk was evaluated at the port of Mokpo and its approaches on this study. The port of Mokpo and its approaches were divided into four sectors for the comparative evaluation, the result of the comparative evaluation on four sectors showed that the risk of the Jeongdeung-hae passage is the highest due to higher risk level of some risk factors(water movements, complexities, tug boats, pilotage, VTS) than the other sectors. The result of this evaluation is in accord with the analysis results of the other studies using various qualitative or quantitative risk analysis methods at the same sea areas.

Security Risk Evaluation Scheme for Effective Threat Management (효과적인 위협관리를 위한 보안 위험도 평가기법)

  • Kang, Pil-Yong
    • Journal of KIISE:Computer Systems and Theory
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    • v.36 no.5
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    • pp.380-386
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    • 2009
  • It is most important that identifying security threats(or vulnerabilities) of critical IT assets and checking the propriety of related security countermeasures in advance for enhancing security level. In this paper, we present a new security risk evaluation scheme based on critical assets and threats for this. The presented scheme provides the coverage and propriety of the countermeasures(e.g., intrusion detection rules and vulnerability scan rules, etc.), and the quantitative risk level of identified assets and threats. So, it is expected that the presented scheme will be utilized in threat management process efficiently compared to previous works.

Risk assessment of water inrush in karst tunnels based on a modified grey evaluation model: Sample as Shangjiawan Tunnel

  • Yuan, Yong-cai;Li, Shu-cai;Zhang, Qian-qing;Li, Li-ping;Shi, Shao-shuai;Zhou, Zong-qing
    • Geomechanics and Engineering
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    • v.11 no.4
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    • pp.493-513
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    • 2016
  • A modified grey clustering method is presented to systematically evaluate the risk of water inrush in karst tunnels. Based on the center triangle whitenization weight function and upper and lower limit measure whitenization weight function, the modified grey evaluation model doesn't have the crossing properties of grey cluster and meets the standard well. By adsorbing and integrating the previous research results, seven influence factors are selected as evaluation indexes. A couple of evaluation indexes are modified and quantitatively graded according to four risk grades through expert evaluation method. The weights of evaluation indexes are rationally distributed by the comprehensive assignment method. It is integrated by the subjective factors and the objective factors. Subjective weight is given based on analytical hierarchy process, and objective weight obtained from simple dependent function. The modified grey evaluation model is validated by Jigongling Tunnel. Finally, the water inrush risk of Shangjiawan Tunnel is evaluated by using the established model, and the evaluation result obtained from the proposed method is agrees well with practical situation. This risk assessment methodology provides a powerful tool with which planners and engineers can systematically assess the risk of water inrush in karst tunnels.

Risk management applicable to shield TBM tunnel: I. Risk factor analysis (쉴드 TBM 터널에 적용 가능한 리스크 관리: I. 리스크 요인 분석)

  • Hyun, Ki-Chang;Min, Sang-Yoon;Moon, Joon-Bai;Jeong, Gyeong-Hwan;Lee, In-Mo
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.14 no.6
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    • pp.667-681
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    • 2012
  • In general, risk management consists of a series of processes or steps including risk identification, risk analysis, risk evaluation, risk mitigation measures, and risk re-evaluation. In this paper, potential risk factors that occur in shield TBM tunnels were investigated based on many previous case studies and questionaries to tunnel experts. The risk factors were classified as geological, design or construction management features. Fault Tree was set up by dividing all feasible risks into four groups that associated with: cutter; machine confinement; mucking (driving) and segments. From the Fault Tree Analysis (FTA), 12 risk items were identified and the probability of failure of each chosen risk item was obtained.

Effect of Evaluation Response Spectrum on the Seismic Risk of Structure (평가용 스펙트럼이 구조물의 지진리스크에 미치는 영향)

  • Kim, Min-Kyu;Choi, In-Ki
    • 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.

An Evaluative Study of the Operational Safety of High-Speed Railway Stations Based on IEM-Fuzzy Comprehensive Assessment Theory

  • Wang, Li;Jin, Chunling;Xu, Chongqi
    • Journal of Information Processing Systems
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    • v.16 no.5
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    • pp.1064-1073
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    • 2020
  • The general situation of system composition and safety management of high-speed railway terminal is investigated and a comprehensive evaluation index system of operational security is established on the basis of railway laws and regulations and previous research results to evaluate the operational security management of the high-speed railway terminal objectively and scientifically. Index weight is determined by introducing interval eigenvalue method (IEM), which aims to reduce the dependence of judgment matrix on consistency test and improve judgment accuracy. Operational security status of a high-speed railway terminal in northwest China is analyzed using the traditional model of fuzzy comprehensive evaluation, and a general technique idea and references for the operational security evaluation of the high-speed railway terminal are provided. IEM is introduced to determine the weight of each index, overcomes shortcomings of traditional analytic hierarchy process (AHP) method, and improves the accuracy and scientificity of the comprehensive evaluation. Risk factors, such as terrorist attacks, bad weather, and building fires, are intentionally avoided in the selection of evaluation indicators due to the complexity of risk factors in the operation of high-speed railway passenger stations and limitation of the length of the paper. However, such risk factors should be considered in the follow-up studies.