• Fire Science and Engineering
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• v.29 no.5
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• pp.88-95
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• 2015

We propose a weather-related service for fire risk assessment in order to increase fire safety awareness in everyday life. The proposed service offers a fire risk assessment level according to weather forecasts and a degree of fire risk according to fire factors under certain weather conditions. In order to estimate the fire risk, we produced a risk matrix through data mining with a decision tree using investigation data and weather data. Through the proposed service, residents can calculate the degree of fire risk under certain weather conditions using the fire factors around them. In addition, they can choose from various solutions to reduce fire risk. In order to demonstrate the feasibility of the proposed services, we developed a system that offers the services. Whenever weather forecasting is carried out by the Korea Meteorological Administration, the system produces the fire risk assessment levels for seven major cities and nine provinces of South Korea in an online process, as well as the fire risk according to fire factors for the weather conditions in each region.

• Journal of the Economic Geographical Society of Korea
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• v.13 no.4
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• pp.681-696
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• 2010

This paper aims to evaluate the importance of risk factors at each stage of real estate development projects, and to propose risk management plans. For this purpose, possible risk factors at each stage of real estate development projects are extracted through previous studies, questionnaire survey by real estate experts is conducted next. And finally, the importance of risk factors at each stage evaluated using the AHP method. The results of this study are as follows. First, according to the results of evaluating the risk factors by main categories, planning risks in predevelopment stage, licensing risks in developing preparation stage, and cash flow risk in development stage are appreciated as most important risks. Second, according to the results by sub categories, changes in consumer preferences in pre-development stage, contracts and licensing-related work in developing preparation stage, bankruptcy of developers and construction companies in development stage, and compensation for any kinds of accidents in management and operation stage are appreciated as most important risks. Third, the major risk management plans at each stage based on the analysis results are suggested.

• Journal of Environmental Health Sciences
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• v.50 no.2
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• pp.138-145
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• 2024

Background: Appropriateness issues have emerged regarding the non-application of hazardous substance safety standards for items classified as 'other textile products'. Objectives: Testing for formaldehyde (HCHO) and risk assessment were conducted on 'other textiles products' to provide reference data for promoting product safety policies. Methods: Testing was conducted on five items (102 products) classified as 'other textile products' according to relevant standards (textile products safety standards), and the risk of each product was assessed using the evaluation methodologies of the European Centre for Ecotoxicology and Toxicology of Chemicals (ECETOC) and European Chemical Agency (ECHA). Results: Out of the 102 products tested, HCHO was detected above the quantification limit in five. Based on these results, the screening risk assessment indicated that three products exceeded the criteria. Upon reassessing the emission and transfer rates of products exceeding the criteria, it was confirmed that there were no instances of exceeding the criteria. Conclusions: Risk assessment results can be used as supporting data for non-application of hazardous substance standards. However, it is deemed necessary to transition towards a management approach based on risks in order to addressing emerging trends such as convergence/new products.

• Journal of Korean Society of Disaster and Security
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• v.15 no.3
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• pp.31-40
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• 2022

Domestic disaster risk maps are mainly produced and studied as a single disaster map by grid unit and disaster type. In particular, it is necessary to present an evaluation method of the disaster risk map that is more suitable for the relevant facility (local road) in order to utilize the work of practitioners who are mainly in charge of facility maintenance. In this study, an evaluation method was presented to evaluate the risk with a focus on local roads by using the landslide risk map and debris flow risk map provided by the Korea Forest Service. In addition, the risk was evaluated and verified for the provinces located in Gangwon-do. As a result of the evaluation, it was possible to evaluate the risk of grades 1 to 5 for 1,513 evaluation sections in the evaluation section with a total length of 234.59 km.

• Journal of Plant Biotechnology
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• v.35 no.1
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• pp.13-21
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• 2008

Final regulatory steps for commercialization of transgenic crops are risk assessment and variety registration. The risk assessment of transgenic crops requires broad network of scientists, high cost and long term. Developers of transgenic crops, therefore, face to additional challenges to consider theoretical and strategic aspects on risk assessment. The general concept for risk assessment of genetically modified organisms was derived from chemical risk assessment. Due to the complexity of organisms, however, comparative approaches that are substantial equivalence and familarity have been developed. In practical view, the integration of risk assessment is more difficult than the evaluation of each risk factors involving gene flow, toxicity and allergenicity. Variety registration of transgenic crops requires the results of risk assessment compared with non-GM crops and agronomic data analyzed with standard varieties. For economic and fast commercialization, risk assessment process should combined with condition of cultivation test for variety registration.

• Journal of the Korean Society of Marine Environment & Safety
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• v.29 no.1
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• pp.76-85
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• 2023

Demand for hydrogen as a renewable energy resource is increasing. However, unlike conventional fossil fuels, hydrogen requires a dedicated refueling station for fuel supply. A risk assessment of hydrogen refueling stations must be undertaken to secure the infrastructure. Therefore, in this study, a risk assessment for hydrogen refueling stations was conducted through both qualitative and quantitative risk assessments. For the qualitative evaluation, the hydrogen dispenser module was evaluated as two nodes using the hazard and operability (HAZOP) analysis. The risk due to filter clogging and high-pressure accidents was evaluated to be high according to the criticality estimation matrix. For the quantitative risk assessment, the Hydrogen Korea Risk Assessment Module (Hy-KoRAM) was used to indicate the shape of the fire and the range of damage impact, and to evaluate the individual and social risks. The individual risk level was determined of to be as low as reasonably practicable (ALARP). Additional safety measures proposed include placing the hydrogen refueling station about 100m away from public facilities. The social risk level was derived as 1E-04/year, with a frequency of approximately 10 deaths, falling within the ALARP range. As a result of the qualitative and quantitative risk assessments, additional safety measures for the process and a safety improvement plan are proposed through the establishment of a restricted area near the hydrogen refueling station.

• 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.

• Journal of Korea Technology Innovation Society
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• v.11 no.2
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• pp.241-263
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• 2008

Within any income approach, a discount rate is used to convert some projected free cash flow to its presented value. In case of valuing companies, the most frequently used discount rate is the weighted average cost of capital(WACC) at the aggregate level. But technology valuation is different to discounting aggregate corporate cash flow since it is concerned about individual Intellectual property. Therefore, blindly applying standard discount rate such as WACC in technology valuation is unlikely to lead to the right result. The primary focus of this paper is to establish the structure of discount rate for technology valuation and to suggest the method of estimation. To determine an appropriate discount rate for technology valuation, the level of technology risk, market risk and competitive risk should be included in the structure of discount rate. This paper suggests the build-up model which consists of three components as a expansion of the CAPM. It includes (1) a risk-free rate of return, (2) general market risk premium and beta and (3) intellectual property risk premium related to technology risk and specific target market risk. However, there is no specific check list for examining the intellectual property risk until now and no specific method for quantifying its risk into risk premium. This paper developed the 10 element to determine the level of the intellectual property risk and applied estimation function such as linear function, natural log function and exponential function to transform the level of risk into risk premium. The limitation of this paper is that the range of intellectual property risk premium is inferred based on the information of foreign and domestic valuation agency. Finally, this paper explored the development of an intellectual property discount rate for technology valuation and presented the method in order to quantify the intellectual property risk premium.

• Journal of Energy Engineering
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• v.28 no.4
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• pp.29-34
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• 2019

In this study, a quantitative risk assessment was carried out for a hydrogen complex station. The complex fueling station to be evaluated was hydrogen-LPG, and the components of each station were analyzed and the risk was evaluated. The final risk is assessed by individual and societal risks, taking into account the impact of damage and the frequency of accidents. As a result of individual risk calculation for the hydrogen-LPG fueling station that is the subject of this study, the hydrogen-LPG type fueling station does not show the unacceptable hazardous area (> 1 × 10E-3) proposed by HSE. The level of individual risk for both the public and the worker is within acceptable limits. In societal risk assessment, the model to be interpreted shows the distribution of risks in an acceptable range(ALARP, As Low As Reasonably Practicable). To ensure improved safety, we recommend regular inspections and checks for high-risk hydrogen reservoirs, dispensers, tube trailer leaks, and LPG vapor recovery lines.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.18 no.4
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• pp.135-141
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• 2008

The risk enlargement of cyber infringement and hacking is one of the latest hot issues. To solve the problem, the research for Security Risk Analysis, one of Information Security Technique, has been activating. However, the evaluation for Security Risk Analysis has many burdens; evaluation cost, long period of the performing time, participants’ working delay, countermeasure cost, Security Management cost, etc. In addition, pre-existing methods have only treated Analyzing Standard and Analyzing Method, even though their scale is so large that seems like a project. the Analyzing Method have no option but to include assessors’ projective opinion due to the mixture using that both qualitative and quantitative method are used for. Consequently, in this paper, we propose the Security Risk Analysis Methodology which manage the quantitative evaluation as a project and use Case-Based Reasoning Algorithm for define the period of the performing time and for select participants.