• Title/Summary/Keyword: Project risk

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Challenges and Strategies for Commissioning of FLNG

  • Lee, Dong Hyun;Seo, Kwang Su;Yeo, Jong Su;Kim, Myung Ki
    • Journal of Advanced Research in Ocean Engineering
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    • v.2 no.3
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    • pp.129-135
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    • 2016
  • After the construction of offshore plants, the function and integrity of system in offshore plants should be commissioned. As the executor of many FLNG projects, Samsung Heavy Industries Co., Ltd has faced some challenges for commissioning which are not similar to those in other offshore project. This study shows the differences between the commissioning of typical offshore projects and the one of FLNG projects. By the characteristics of offshore, performing the commissioning activity of FLNG near shipyard as much as possible reduces the risk of malfunction. The possible solutions to achieve these strategies are introduced.

Pre and Post Evaluations on IT Platform Migration to Open Systems

  • Shim, Seon-Young;Kim, Eun-Jin
    • Journal of Information Technology Applications and Management
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    • v.15 no.3
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    • pp.1-25
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    • 2008
  • IT platform migration to open systems (IPMO) bears a great deal of risk over all the associated processes, in terms of a major IT investment. Hence it requires empirical data and references for decision making. Although there have been a number of published papers encouraging or discouraging IPMO, the studies that deliver useful empirical evidence for IPMO decisions are rare. The obvious first step to resolve this problem would be to gain lessons from the organizations who experienced IPMO. Based on the Delphi study, we examine both the pre and post evaluations on IPMO benefits and risks and analyze the underlying reasons of different evaluations from different stages. Our results identify the most important factor the organizations should seriously consider, and which factor is easy to neglect at the ex-ante appraisal stage.

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An Analysis of a Construction Project Risk through Execution Plan (실행분석을 통한 건설 프로젝트 시공단계에서의 리스크 요인 도출)

  • Kim, Gi-Yeong
    • Journal of the Korea Construction Safety Engineering Association
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    • s.33
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    • pp.62-75
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    • 2005
  • 건설 프로젝트 관리의 주요한 목표는 계획된 시간 내에, 정해진 예산으로 규정된 목표(명세 또는 품질)를 확보하는 것이다. 국내 건설 산업은 타 산업 분야에 비하여 생산성이 매우 낮은 편이다. 이는 60년대 이후 급속한 개발 정책에 따른 부작용의 하나로, 하드웨어의 급속한 성장에 비하여 이를 관리하기 위한 소프트웨어의 개발이 부족했기 때문으로 풀이할 수 있다. 이에 본 연구에서는 건설 프로젝트의 생산성을 향상시키기 위한 노력의 일환으로 계획 단계에서의 실행과 완성 단계에서의 실행을 비교하여 이를 작업일보, 감독일지 등의 진도관리 자료를 활용하여 분석하여 건설 프로젝트의 실제적인 생산성 저하 요인을 도출하였다. 따라서 본 연구 결과는 현행 국내의 건설 프로젝트에 대한 사례분석을 통하여 실제적인 생산성 저하 요인을 분석한 것인 만큼 향후 건설 관리 기술의 향상에 많은 도움을 줄 수 있을 것으로 기대된다.

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A Decision Support Methodology for Remediation Planning of Concrete Bridges

  • Rashidi, Maria;Lemass, Brett
    • Journal of Construction Engineering and Project Management
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    • v.1 no.2
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    • pp.1-10
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    • 2011
  • Bridges are critical and valuable components in any road and rail transportation network. Therefore bridge remediation has always been a top priority for asset managers and engineers, but identifying the nature of true defect deterioration and associated remediation treatments remains a complex task. Nowadays Decision Support Systems (DSS) are widely used to assist decision makers across an extensive spectrum of unstructured decision environments. The main objective of this research is to develop a requirements-driven methodology for bridge monitoring and maintenance which has the ability to assess the bridge condition and find the best remediation treatments using Simple Multi Attribute Rating Technique (SMART); with the aim of maintaining a bridge within acceptable limits of safety, serviceability and sustainability.

Nursing Genetics in 'Postgenome' Era ('포스트 게놈' 시대에서 간호학의 과제)

  • ChoiKwon, S-Mi
    • Journal of Korean Biological Nursing Science
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    • v.7 no.1
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    • pp.5-14
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    • 2005
  • Since the Human Genome Project(HGP) has begun in the mid 1980s, the sequencing of the human genome has been finally completed in 2001. The knowledge developed from the HGP has revolutionized how health care professionals think about patient care, mandating a new paradigm of patient care in totally inconceivable ways from the past. For instance, the patients at risk for disease can be identified early enough for intervention; the medicine can be tailored for individual patients based on their own genetic information ; the gene therapy could be a common procedure in the near future. The advancement in genetics, therefore, requires the shift of paradigm not only in nursing education, practice, but also in nursing research. It is attempted, in this article to introduce briefly the basic knowledge of genetics, the pharmacogenomics, and the overview of national genetic research initiated and organized by the Center for Functional Analysis of Human Genome in Korea. The current state of nursing genetic knowledge and its implications on nursing education, practice, and research has examined. Furthermore, the visions and the opportunities for nursing science and practice to participate in this genetic revolution were also explored.

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A Volunteer Alcohol Consumption Reduction Campaign: Participatory Action Research among Thai Women in the Isaan Region

  • Jongudomkarn, Darunee
    • Asian Pacific Journal of Cancer Prevention
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    • v.15 no.17
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    • pp.7343-7350
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    • 2014
  • Cancer is one of the leading causes of death in Thailand as well as other countries. Evidences from studies in Asia show that alcohol consumption has been linked to an increased risk for various types of cancer. In the qualitative participatory action research presented here, the possibilities of a volunteer women's movement to reduce harmful alcohol consumption by facilitating the creation of emancipatory knowledge in the Thai-Isaan community was explored. During in-depth interviews with 10 female volunteer participants, the following themes emerged: merit making, developing a sense of personal empowerment, and the experience of participating in an action plan that utilized various strategies. The project activities empowered participants to create and share knowledge which was then applied toward action for change. Adoption of this type of program by local health care providers to reduce health problems and risks related to alcohol misuse in similar contexts and cultures is recommended.

Dilemma of Saudi Arabian Construction Industry

  • Albogamy, Abdullah;Scott, Darren;Dawood, Nashwan
    • Journal of Construction Engineering and Project Management
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    • v.3 no.4
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    • pp.35-40
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    • 2013
  • Currently, the Kingdom of Saudi Arabia (KSA) is the epicentre of building services engineering encapsulating the construction industry. On rise of technological advancements, engineers have the ease to thoroughly investigate engineering aspects. Not only engineers, but other stakeholders, tender related people, financial analysts work in parallel as well. However, there are some factors that are stumbling blocks in the way of progression including delaying factors in the construction industry. The paper provides deep insights of delaying factors regarding public building projects of the KSA. Collection of primary data was carried out by conducting a survey which comprised of 63 chief delay factors. Professionals related to construction industry were asked for ranking the factors in terms of their frequency of occurrence and degree of impact. Seven groups of risk factors are categorized and a correlation analysis is performed by identifying the correlation amongst the variables. Finally, 31 leading delay factors are extracted and reported.

Calculation TRL using Integration Readiness Between Technologies for Supporting Technology-transition of Defense Technologies to the Defense Weapons System (국방시스템 기술전이지원을 위한 기술성숙도 도출에 관한 연구)

  • Bae, Yoon-Ho;Choi, Seok-Cheol
    • Korean Management Science Review
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    • v.26 no.3
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    • pp.157-167
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    • 2009
  • Technology transition from defense technology to weapon system is an important process for defense acquisition program. Many countries such as USA, UK, Australia and Republic of Korea use technology readiness level (TRL) as a tool for technology transition by identifying critical technology elements (CTEs) and assessing the technology maturity. In this paper we review a transition process for the defense acquisition. Then we suggest a method to evaluate system's TRL using each component TRL and integration readiness level (IRL) between each technologies. We apply the method to an ACTD project. A result show that technology maturity is influenced by integration between technologies.

The hydrocarbon concentration distribution in the contaminated site using geospatial analysis

  • Lee, Ju-Young;Yang, Jung-Seok;Choi, Jae-Young;Krishinamurshy, Ganeshi
    • Proceedings of the Korea Water Resources Association Conference
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    • 2007.05a
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    • pp.909-910
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    • 2007
  • The volatile organic compounds exposure is governed by the source distance and dispersion of the pollutant into air and groundwater. The purpose of this study was to validate suggested models for the prediction of concentration distributions. The study design was organized into different methods to simulate industry site. The distribution models generally showed a fair agreement with measured data. For graphical representation of concentration of volatile hydrocarbon, it has to obtain a continuous representation of the contamination of the site. Therefore, the used interpolative methods examined for this project are the IDW(inverse Distance Weighting) and kriging method. In the results, in summary, all two different methods can be used to quantify exposures at a particular source area, and thus provide, a solid foundation for making risk-based decisions. All the calculations can be performed using Excel's built-in functions, and the capabilities of geospatial analysis allow the results to be displayed visually. However, anyone who uses these methods should understand all of the assumptions and limitation.

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An Empirical Study on Decision Criteria of Core Banking System Redevelopment Project (은행 기간시스템 전면 재개발 의사결정 기준에 대한 실증적 연구)

  • Lee, Kyung-Jo;Rhew, Sung-Yul;Kim, Sung Kun
    • Journal of Information Technology Applications and Management
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    • v.19 no.4
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    • pp.19-39
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    • 2012
  • Korean core banking system has been redeveloped twice in the last 30 years with big-bang method, but still needs innovation to meet everlasting business changes. The objective of this study is to identify which decision criteria lead to replacement decision of core baning system in spite of its huge investment and accompanying business risk. For the study, we conducted a survey to 64 decision makers working in banks and IT service companies, and analysed the data using factor analysis and multi-regression analysis method of SPSS. As a result, we extracted statistically valid decision model with 4 major decision criteria, which are IT external, IT internal, IT ecology and Executive's will factor. Among them, we concluded only IT internal and IT ecology criteria give significant influence over the replacement decision of existing core banking system.