• Proceedings of the Korean Institute of Building Construction Conference
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• 2004.05a
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• pp.113-117
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• 2004

We need the contingency cost in order to deal with the uncertainty to be accompanied inevitably at the construction and an every kind risk not to forecast in advance. And also the contingency colt needed for the change order and we need it for reduction of the delay and reduce the trouble between owner and constructor. This study, through checking and analyzing the risk factor, in the step of domestic construction, suggests optimal management reserve to specific business about the contract type and the scale. The main results of this research are summarized as follow. First, I investigated the recognition about the contingency cost, grasped the risk to be happened at the construction step and found out the frequency occurrence, through making up question to engineer are carrying out their job in the domestic construction. Second, I computed optimal contingency cost rate by the statistics investigation, and proposed an improvement plan and problem when compute a contingency cost.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.319-324
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• 2003

There is much more possibilities of encounter of critical problems and uncertain factors in construction project it is very important to analyze various risk factors of the project in its first stage. Because of the uncertainty, we need to study about the construction insurance scheme for risk-transfer within construction management method. This research methodology has been devised through analysis of characteristic of classified domestic construction insurance as well as some related foreign insurance system.

• KIPS Transactions on Software and Data Engineering
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• v.3 no.10
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• pp.389-396
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• 2014

There are many defects when we're working on a project. Especially, if we don't have experience in similar field, defects have a strong influence on the system entirely. Therefore, management of risk such like defects is important the factor for success of project. Finally, efficient management of risk can guarantee handling problems such like fault tolerancy, unexpected quality and delay of schedule. In this paper, we propose checkpoint for improvement of reliability and are willing to improve the reliability of an entire system using it.

• 한국IT서비스학회:학술대회논문집
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• 2009.11a
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• pp.176-180
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• 2009

현재 우리나라 SI(Service Integration)에서 사업발주자 및 수행자는 소프트웨어사업 대가산정에 많은 어려움을 겪고 있다. 사업발주자는 관례적인 사업비 산정으로 일관하고, 사업수행자는 근거없이 받아들이는 것이 현실이다. 또한 감리 수행 시 사업비산정근거를 점검할 체계를 갖추지 못하고 있다. 이로 인해, 비용관리 위험 및 파생위험들을 초래할 수 있다. 이에, 사업비 산정과 위험에 대한 구체적인 인식과 연구가 필요하다.

• 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.

• Korean Journal of Construction Engineering and Management
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• v.17 no.3
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• pp.90-97
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• 2016

Since Korean construction firms have steadily advanced into the international market, small and medium construction companies (SMCCs) have also advanced in such market. SMCCs's recent trend have clearly shown the changes of contract types from single subcontractor projects to multiple general contracting projects. However, among those multiple projects performed by SMCCs, 1 out of 3 projects were deficit projects that impact the overall pe rformance of the firm. To increase such performance, risk management for in international construction must be managed at the enterprise level for SMCCs. This research aims to create a multiple project management model for SMCCS that employs the concept of acceptable risk to assess the limit risk level for corporation to acceptable. Using the accumulated data from previous survey and International Construction Association of Korea (ICAK), integrated risk of each firm and their profitability of each project are analyzed. Through the analysis, each firm's acceptable risk level is derived. Through the two research steps, acceptable risk algorithm was developed based on corporate integrated risk and profit correlation. To prove the acceptable algorithm relevance, financial statement analysis of 3 corporation was derived that level of acceptable risk and financial statement were available. Through the approach, this research allows the firms to analyze the firm's capability and find projects that suits the firm's situation and capability.

• Korean Journal of Construction Engineering and Management
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• v.22 no.2
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• pp.3-11
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• 2021

Myanmar is an undeveloped country with high development value among Asian countries. Therefore, various countries including the U.S. are considering entering the market. In this respect, demand for real estate development project is forecast to grow on increased inflow of foreigners and Myanmar's economic growth. However, Myanmar is a high-risk country in terms of overseas companies, including national risk. In this study, we conducted an in-depth interview with experts (law, finance, technology, and local experts) after analyzing data on Myanmar to extract risk-causing factors. Through this, 106 risk factors were extracted, and the final risk classification system was established by conducting three-time groupings using the affinity diagramming. And the relative importance of each factor was presented using the analytic hierarchy process (AHP) technique. As a result, the country-related risk, the fund-related risk, and the pre-sale-related risk were highly important. The research results are expected to provide risk management standards to companies entering the Myanmar real estate development type project.

• International Journal of Human Ecology
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• v.2 no.1
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• pp.135-152
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• 2001

The purpose of this study was to investigate the association of protective and risk factors with adolescent delinquency. Using nationally representative data from the National Longitudinal Study of Adolescent Health (Add Health) project, the delinquency level and the influence of individual characteristics, dyadic relationships in the family, school and peer variables on adolescent delinquency were examined by gender. Boys and girls differed in delinquency level with boys showing significantly higher delinquency than girls. The relative influence of protective and risk factors in individual, familial, peer, and school contexts differed by gender as well. More diverse variables influenced the delinquency level of girls than that of boys.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2014.11a
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• pp.212-213
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• 2014

The purpose of this study is to suggest analysis model of RCB construction in nuclear power plant. For the objective, This study drew the risk factors of RCB construction from existing literature. The results of the study proposed analysis model made hierarchy in rebar, form, and concrete work. These will be baseline data for risk management in construction project of nuclear power plant.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.1364-1369
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• 2009

The building construction projects include a variety of risk factors due to uncertainties. To succeed in the projects, it is important how risks are managed. Risk management is composed of identification, analysis and response. Especially, the risk analysis is important to objectively calculate significance of risk factors. This paper evaluates a method to find priorities of risks using the AHP(Analytic Hierarchy Process). The method has some defects; (1) the consistency becomes weak as the number of pair-wise compared risks is large, and (2) the input and output procedures are complex when risks are added to or removed from a risk database. Thus the paper adopt the PROMETHEE(Preference Ranking Organization METHod Enrichment Evaluations) analysis process which is able to overcome the limitation of the AHP restricted to 9 risk factors. The PROMETHEE method makes the procedure of risk analysis simple, when the risk factors pull out and put in the risk database. The purpose of this study is to prove the possibility of the PROMETHEE analysis process by being compared with AHP.