• Korean Journal of Construction Engineering and Management
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• v.14 no.3
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• pp.22-32
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• 2013

Generally, asset management procedure consists of exact information collection, decision of service level, analysis of aspiration level, analysis of financial condition and available budget, preparation of asset management plan, and value of modified asset. In this study, for the risk-based asset management, condition assessment and performance measuring, assessment of failure modes and risks, evaluation/selection of treatment options, and implementation of optimum solution are additionally included. For this, bridge inventory and performance measure considering risks are classified and method of quantitative/qualitative performance measure is suggested. Also, evaluation method of risk analysis for bridge asset management is suggested and basic research is carried out for applicable method of risk-based asset management. Using suggested risk procedure and method of risk-based bridge service level evaluation, it is possible to perform resonable asset management. Moreover, it is concluded that the proposed applicable method of risk-based asset management will provide a solution to contribute the development of systematical asset management for optimal decision making and prototype asset management system.

• Proceedings of the KSR Conference
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• 2006.11b
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• pp.341-344
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• 2006

Most construction companies recognize the necessity of risk management. The practical application, however, is not easy because of the absence of systematic procedure for risk management and the difficulty in objectification of subjective risk factors. This study suggests a systematic procedure and a web-based analysis system. In the first place for those researches, this study analyzes the present condition of risk management in the railway facility construction industry. Finally, this study defines risk management procedures as preparation, identification, analysis, response and risk analysis method to manage potential risks in the railway construction project.

• Journal of the Korean Society of Safety
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• v.20 no.4 s.72
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• pp.71-77
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• 2005

There are insufficient models that find problems and solutions for accident prevention through risk assessment and suggest safe work process and work instruction from foundation works to finish work for accident decrease. This paper presents a quantitative risk assessment model by analysis of risk factors in each process such as foundation, erection, structure, equipment finish and etc based on accident examples and investigation on actual condition in building. In addition, the safety management system was developed to perform risk assessment of construction and use it for effective safety training for labor.

• Journal of the Korea Safety Management & Science
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• v.14 no.4
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• pp.23-29
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• 2012

There are insufficient models that find problems and solutions for accident prevention through risk assessment and suggest safe work process and work instruction from foundation works to finish work for accident decrease. This paper presents a quantitative risk assessment model by analysis of risk factors in each process such as appurtenant works, temporary works, structural works, equipment work, finishing work and etc based on accident examples and investigation on actual condition in plants construction work. In addition, the safety management system was developed to perform risk assessment of plants construction and use it for effective safety training for labor.

• Journal of the Korea Safety Management & Science
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• v.6 no.4
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• pp.239-248
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• 2004

Likelihood of failure for the external corrosion of carbon and low alloy steels, which affect to a risk of facilities, was analyzed quantitatively through the risk based inspection using API-581 BRD. We found that the technical module subfactor (TMSF) decreased as the inspection number increased and it increased as the Inspection effectiveness and the used year increased. In this condition, the TMSF showed high value for the case of the marine/cooling tower drift area as a corrosion driver, poor quality of coating, no insulation, and low insulation condition.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.418-421
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• 2003

Most construction companies recognize the necessity of risk management. The practical application, however, is not easy because of the absence of systematic procedure for risk management and the difficulty in objectification of subjective risk factors. This study suggests a systematic procedure and a models. In the first place for those researches, this study analyzes the present condition of risk management in the construction industry. The developed model can be used as a risk management tool that enables evaluation of construction risk factors by quantified method, and it provides project managers with the methods to prevent risk and to deal with potential risk factors in the planning and construction phases. The results of this study could be used as references for related researches because this study attempts to develop a systematic tool for risk management including risk identification, risk analysis. risk action phases.

• The Journal of the Korea institute of electronic communication sciences
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• v.18 no.4
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• pp.555-562
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• 2023

The Railway Safety Act of 2014 strengthened the 'Railway Safety Management System' to establish autonomous safety management for railway operators and railway facility managers. Accordingly, it is required to establish and implement risk assessment and safety measures for risk management. However, the current risk assessment system is carried out at the fragmented safety management level within individual fields, which has caused difficulties in establishing and implementing risk assessment and safety measures. In addition, the technical standards of the safety management system stipulate that risk assessment of railway operators is mandatory, so standardized standards for risk assessment of railway facilities and railway vehicle maintenance are needed. Therefore, in this paper, we first verified railway risks by analyzing railway accident data for the last 10 years, and proposed a standardized framework to effectively assess and manage risks through a case study of a condition-based smart maintenance system developed based on railway vehicle maintenance data.

• Journal of the Korea Safety Management & Science
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• v.16 no.3
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• pp.273-277
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• 2014

Subcontracting business than the contracting business in shipbuilding industry is a lot of hazardous job and highly accident because of highly work intensity. In order to prevent the accidents, there is a need to analyze characteristic. of shipbuilding, to apply measures of risk assessment. In this paper, I suggested an improvement of the risk assessment through the actual condition research in shipbuilding industry. In the research method, I analysed accidents occurred until 2011-2013. Carried out the actual site survey while two weeks in May 2014. As a result, 1) The main pattern were caught-in or between, fall on the high level according to analyzed accidents. 2) To apply the weight show clear of magnitude for risk assessment. 3) Risk estimation of risk assessment is desirable to be quantization by accidents analysis, and to be greater than or equal to 4 steps.

• Korean Journal of Construction Engineering and Management
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• v.15 no.3
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• pp.66-73
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• 2014

The Korean construction industry has been severely impacted by the 2008 global financial crisis, which resulted in a significant reduction in the overall contract amount. For survival, many construction management (CM) companies had to adapt a strategy of lowering bid prices to maintain their competitiveness. As a result of the strategy, companies faced a number of issues including their decreased capability in risk management. However, most risk management-related studies focused on construction risk management, yet these studies lacked consideration of enterprise-level risk management practices. To fill the gap, the objectives of the present study are (1) to investigate, the risk management practices of Korean CM companies, (2) to identify factors that determine efficient enterprise-level risk management practices, and (3) to propose a module for the development of enterprise-level risk management. Lastly, the efficiency of the proposed development module was validated by using a survey.

• Journal of the Korean Society of Safety
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• v.27 no.2
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• pp.72-77
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• 2012

There are insufficient models that find problems and solutions for accident prevention through risk assessment and suggest safe work process and work instruction from foundation works to finish work for accident decrease. This paper presents a quantitative risk assessment model by analysis of risk factors in each process such as earth works, drainage works, pavement works, appurtenant works and etc based on accident examples and investigation on actual condition in roads construction work. In addition, the safety management system was developed to perform risk assessment of construction and use it for effective safety training for labor.