• 한국안전학회지
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• 제31권5호
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• pp.141-148
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• 2016

There exists required safety integrity level (SIL) to assure safety in accordance with international standards for every electrical / electronics / control equipment or systems with safety related functions. The SIL is allocated from lowest level (level 0) to highest level (level 4). In order to guarantee certain safety level that is internationally acceptable, application of methodology for SIL allocation and demonstration based on related international standards is required. Especially, in case of the SIL allocation method without determining of quantitative tolerable risk, the additional review is needed to check whether it is suitable or not is required. In this study, the quantitative risk reduction model based on the safety integrity allocation results of railway platform screen door system using Risk Graph method has been examined in order to review the suitability of quantitative risk reduction according to allocated safety integrity level.

• 한국안전학회지
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• 제31권4호
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• pp.156-163
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• 2016

There exists required safety integrity level (SIL) to assure safety in accordance with international standards for every electrical / electronics / control equipment or systems with safety related functions. The SIL is allocated from lowest level (level 0) to highest level (level 4). In order to guarantee certain safety level that is internationally acceptable, application of methodology for SIL allocation and demonstration based on related international standards is required. However, the theoretical and practical study for safety integrity level is barely under way in the domestic railway industry. This research studied not only the global process of SIL allocation to guarantee safety in accordance with international standards for safety related equipment and system, but the quantitative methodology based on international standard and the semi-quantitative methodology as alternative way for SIL allocation. Specifically, the systematic SIL allocation for platform screen door system of railway is studied applying the semi-quantitative methodology in order to save much time and effort compared to quantitative method.

• 대한교통학회지
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• 제25권1호
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• pp.49-59
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• 2007

본 연구는 한국 민간투자사업의 위험배분문제와 화폐적 투자가치를 측정하는 모형을 구축하고 이를 통해 정부의 최소운영수입 보장률 및 보장기간의 변화에 따른 화폐적 투자가치의 변화를 관찰하였다. 모형은 H.Yamaguchi의 위험배분모형(2002)을 기반으로 한국의 민간투자사업 현실에 맞게 2기간 모형으로 변환하고 최소운영수입보장 제도를 포함하도록 수정하였다. 분석결과 정부의 최소운영수입 보장률 및 보장기간이 축소됨에 따라 동일한 수익률을 가정하는 경우 국고보조금이 증가하게 됨으로써 민간투자사업의 화폐적 투자가치는 하락함을 보여주었다.

• Communications for Statistical Applications and Methods
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• 제25권6호
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• pp.605-618
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• 2018

Risk management has been a crucial part of the daily operations of the financial industry over the past two decades. Value at Risk (VaR), a quantitative measure introduced by JP Morgan in 1995, is the most popular and simplest quantitative measure of risk. VaR has been widely applied to the risk evaluation over all types of financial activities, including portfolio management and asset allocation. This paper uses the implementations of multivariate GARCH models and copula methods to illustrate the performance of a one-day-ahead VaR prediction modeling process for high-dimensional portfolios. Many factors, such as the interaction among included assets, are included in the modeling process. Additionally, empirical data analyses and backtesting results are demonstrated through a rolling analysis, which help capture the instability of parameter estimates. We find that our way of modeling is relatively robust and flexible.

• 한국경영과학회지
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• 제20권1호
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• pp.85-99
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• 1995

Increasingly, risk analysis is becoming important ingredients in achieving the successful implementation and application in the area of the project management. The project management system is designed to manage or control the project resources on a given activity within time, cost and performance so called TPPM (Total Productive Project Management). In this research, a risk analysis model misproposed to identify potential problem areas, quantify the risks, and generated the chice of the action that can be taken to reduce the risk. In addition two analysis models are proposed : 1) risk factor model and 2) network simulation model using VERT (Venture Evaluation and Review Technique ). The objective of the remodels is to estimate the schedule, cost performance risks. These proposed quantitative models for project risk analysis are proving its value for the project managers who need to assess the risk of changes in cost, schedule, or performance. The proposed models will be used in the area of project selection, evaluation and the allocation of project resources.

• Journal of Construction Engineering and Project Management
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• 제7권3호
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• pp.15-25
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• 2017

The existence of material price volatility in construction projects puts forward substantial risks for all parties involved. Depending on the parties involved in the project, type of contracts, and state of the market various risk management strategies are practiced by contracting parties to manage project risks related to price volatility. Unfortunately, in many cases companies fail to select an adequate approach to better manage volatilities of material prices due to the lack of a decision support system to aid in the selection of an appropriate strategy based on the project characteristics. The aim of this study is to identify critical project factors and align them to documented strategies to manage price volatility based on an extensive literature review and industry interviews. This study found Integrated Project Delivery (IPD) as the ideal strategy with respect to project duration; quantitative risk management methods with respect to the cost; and Price Adjustment Clauses (PAC) with respect to the risk allocation, as the top price volatility management strategies.

• 한국철도학회:학술대회논문집
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• 한국철도학회 2009년도 춘계학술대회 논문집
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• pp.855-859
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• 2009

In this paper, we introduce the estimation method by Risk or SIL(Safety Integrity Level) for the criterion of safety assurance and summarize each application method and target. IEC 62278(EN 50126) which is international standard for the specification and verification of the railway system RAMS indicate a criterion of safety assurance. Especially, it recommend the safety verification by continuous verification as the order of requirement establishment, design, manufacture, installation, operation, and maintenance for the equipment not easy to quantify the operation environment. In this paper, we study the SIL requirement allocation method relating to internal new system development and existing system improvement by analysing SIL recommendations which were used to understand SIL for a train control equipment in 1990s in IRSE and theoretically their allocation background. This paper help the safety management of Korea train control system to develope the quantitative management procedure as international level by analyzing the SIL requirement allocation by operation agency and the right SIL verification procedure by manufacture and indicating the example to assure safety because it is necessary for improvement and localization for the Korea train control system having highly dependence on aboard technology.

• 미생물학회지
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• 제37권2호
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• pp.101-108
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• 2001

환경에서 병원성 미생물의 발생에 관련된 자료를 분석하는 일은 잠재적 보건 위해성을 판단하고 그에 따른 적절한 조치를 취하는데 종종 결정적인 역할을 한다. 이러한 일들은 과거에는 주로 정성적이고, 주관적인 방법으로 이루어 졌지만, 최근에는 정량적 위해성 평가(Quantitative Risk Assessment: QRA)로 이루어지는데, 이러한 QRA는 병원성 미생물로부터의 감염이나 발병, 또는 치사율 등의 위해성을 정량적인 방법으로 표현하는 접근법이다. 따라서, 이와 같은 정보는 정책 결정권자가 위해성의 확대와 비용부담, 그리고 적절한 조치를 취했을 때 기대할 수 있는 이점을 결정하는데 보다 더 잘 이용할 수 있다. 본 문에서는 위해성 분석의 과제에 대한 일반적인 배경을 살펴보고 문제해결 과정에서 미생물 위해성 평가가 어떻게 활용 가능한지를 살펴보았다.

• 한국산업융합학회 논문집
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• 제27권2_2호
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• pp.467-473
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• 2024

Metaheuristics' impact is profound across many fields, yet domestic financial portfolio optimization research falls short, particularly in asset allocation. This study delves into metaheuristics for portfolio optimization, examining theoretical and practical benefits. Findings indicate portfolios optimized via metaheuristics outperform the Dow Jones Index in Sharpe ratios, underscoring their potential to enhance risk-adjusted returns significantly. Tabu search, in comparison to Simulated Annealing, demonstrates superior performance by efficiently navigating the search space. Despite these advancements, practical application remains challenging due to the complexities in metaheuristic implementation. The study advocates for broader algorithmic exploration, including population-based metaheuristics, to refine asset allocation strategies further. This research marks a step towards optimizing portfolios from an extensive array of financial assets, aiming for maximum efficacy in investment outcomes.

• 한국임상약학회지
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• 제30권3호
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• pp.169-176
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• 2020

Background: Most meta-analyses of risk factors for severe or critical outcomes in patients with COVID-19 only included studies conducted in China and this causes difficulties in generalization. Therefore, this study aimed to systematically evaluate the risk factors in patients with COVID-19 from various countries. Methods: PubMed, Embase, and Web of Science were searched for studies published on the mortality risk in patients with COVID-19 from January 1 to May 7, 2020. Pooled estimates were calculated as odds ratio (OR) with 95% confidence interval (CI) using the random-effects model. Results: We analyzed data from seven studies involving 26,542 patients in total in this systematic review and meta-analysis. Among the patients, 2,337 deaths were recorded (8.8%). Elderly patients and males showed significantly higher mortality rates than young patients and females; the OR values were 3.6 (95% CI 2.5-5.1) and 1.2 (95% CI 1.0-1.3), respectively. Among comorbidities, hypertension (OR 2.3, 95% CI 1.1-4.6), diabetes (OR 2.2, 95% CI 1.2-3.9), cardiovascular disease (OR 3.1, 95% CI 1.5-6.3), chronic obstructive pulmonary disease (OR 4.4, 95% CI 1.7-11.5), and chronic kidney disease (OR 4.2, 95% CI 2.0-8.6) were significantly associated with increased mortalities. Conclusion: This meta-analysis, involving a huge global sample, employed a systematic method for synthesizing quantitative results of studies on the risk factors for mortality in patients with COVID-19. It is helpful for clinicians to identify patients with poor prognosis and improve the allocation of health resources to patients who need them most.