• Title/Summary/Keyword: Risk management factors

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A Study on Escalation of Commitment Behavior in Software Projects : The Perspective of Cultural Differences (소프트웨어 개발 프로젝트에서 수행의 지속행위에 관한 연구 : 문화적 차이의 관점에서)

  • 김인재;심형섭;김종은
    • Journal of Information Technology Applications and Management
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    • v.11 no.2
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    • pp.1-14
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    • 2004
  • The level of sunk cost and risk-taking theory have been offered as one explanation for the escalation of commitment behavior. This Study attempted to replicate Keil's study in Korea. Keil examined the level of sunk cost associated with the risk propensity and risk perception of decision-makers, and these factors are assessed for cross-cultural robustness using matching laboratory experiments carried out in three countries. The level of sunk cost and the risk perception of decision-makers contributed significantly to their continuous willingness to their project. Moreover, the risk propensity of decision-makers was inversely related to risk perception, and this inverse relationship was significantly more weak in Korea than in Singapore. These results show that the sunk-cost effect exists across cultures, and that the risk-taking behaviors are partially mediated by cultural factors.

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Integrated Safety Risk Management System on Construction Site Using System Approach (시스템 접근 방식에 기반한 건설현장 통합 안전리스크 관리)

  • An, Sun-Ju;Song, Sang-Hoon
    • Journal of the Korea Safety Management & Science
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    • v.12 no.3
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    • pp.1-11
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    • 2010
  • Establishing a framework, to explain the path to safety accidents considering major safety management factors such as physical conditions including on-site activities and workplace, as well as human factors as to labor, supervisors, or managers, would be effective as the basis to control project's risks by preventing disasters. Therefore, this study aimed to clarify the mechanism in safety management and disaster occurrence. In order to accomplish the purpose, it identified and classified the factors related to accidents, reviewed the causal relationships among them, and suggested the influence diagram. The results of this research are expected to contribute to reinforcing the preventive management, and facilitating the development of integrated site control system based on safety risks.

Solid tumors in childhood: risk-based management (소아 고형종양 - 위험군에 따른 맞춤 치료 -)

  • Koo, Hong Hoe
    • Clinical and Experimental Pediatrics
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    • v.50 no.7
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    • pp.606-612
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    • 2007
  • Since the introduction of chemotherapy for the treatment of childhood leukemia more than 50 years ago, the results of childhood cancer have improved dramatically. The 5-year survival rate of disease, many of which were uniformly fatal in the prechemotherapy era, reached to more than 75%. This remarkable improvement in survival is a direct result of the incorporation of chemotherapeutics into treatment regimens that previously relied only on surgery or radiotherapy for the primary tumor. The multimodality approach, which integrates surgery and radiotherapy to control local disease with chemotherapy to eradicate systemic or metastatic disease, has become the standard approach to treating most childhood cancers. The overall improvement in outcomes in childhood solid tumors has been related to the development of multidisplinary cooperative studies that has permitted the development of well-designed tumor treatment protocols characterized by uniform staging criteria, sharing informations in pathologic classification, uniform methods for tumor markers, oncogenes, and other biologic and genetic factors. Important advances in the biologic study of cancer and its genetic basis led to a number of observations that impact directly on the management of childhood solid tumors. Identification of specific genes, oncogenes, tumor markers, and other biologic and pathologic factors plays an important role in both staging and clarifying the risk categorization of individual patients. Treatment of the patient is influenced by the recognition of specific risk factors. This knowledge has resulted in a change in the approach to care based not only on staging criteria, but also on risk-based management. This concept uses various risk factors of outcomes. Risk-based management allows for each patient to maximize survival, minimize long-term morbidity and improve the quality of life, especially for children's growth and development.

The Analysis of the Weights of Country Risk by Participants of Overseas Construction Projects (건설사업 참여주체 별 해외건설공사 국가리스크 핵심요인 도출 및 비교분석)

  • An, Byung-Ho;Kim, Jin-Eon;Kim, Yea-Sang
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.2
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    • pp.150-159
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    • 2013
  • The government has focused on activation of overseas construction projects and strengthening competitiveness in the long term. In recent years Public construction contract as well as design, engineering, construction management(CM) are gradually expanding into other countries, but risk analysis cases in the field are slight. In this study, We utilized PI scale and drew a conclusion about the importance of overseas risk by participants. We compared its features from the risk factor based on Risk Matrix. As a result of this study total of 6 section 31 Country Risk factors for the importance of overseas risk by participants were drawn, and the key risk factors (17 constructor, 14 designers, 17 CMr) based on Risk Matrix were derived. By utilizing the result of this study will be used as the basic data for establishing risk management strategy to meet each business and planning evaluation model.

A Basic Study on the Derivation of Vulnerability Factors for Safety Management of old Buildings (노후 건축물의 안전관리를 위한 취약성 요소 도출 기본연구)

  • Oh, Gyuho;Cha, Inhyuck;Ahn, Sungjin
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.05a
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    • pp.275-276
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    • 2023
  • In order to prevent disaster risks caused by building aging in advance, the prevailing opinion is that it is urgent to actively improve systems such as mandatory safety inspections, and to calculate risks and develop safety management systems due to building aging. The need for systematic risk management continues to be emphasized in the process of safety inspection and repair of old buildings, but the risk management and safety management techniques of each construction entity have not been established in practice. Accordingly, this study aims to analyze the vulnerability factors of aging buildings and provide basic data on the development of a risk rating calculation model for old buildings and the efficiency of safety management systems in the future.

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LEARNING FROM THE SOUTH KOREAN RISK MANAGEMENT PLAN FOR THE SHIPBUILDING INDUSTRY DURING THE DIFFICULT 2004-2005 YEARS

  • Seng-Kiong Ting;Mengqiong Wang
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.990-994
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    • 2009
  • With the world in financial recession, the general trend of global trade is declining. As a result, the world leading shipbuilding industries are confronted with an even more difficult task of mitigating various risks associated with the industries. How well the three shipbuilding industries, Japan, Korea and China, can adapt and manage the risks will be crucial. As the youngest of the top three, the Chinese industry faces greater risks. As it happens to share many factors with that of South Korea in 2004-2005, it is necessary to review and evaluate the risk management plan used by South Korea. This paper presents an evaluation of the risk management plan for shipbuilding industry in South Korea during 2004-2005, considering the financial and political environments at that time. This will help us to structure a plan of risk management for the future.

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Analysis Model on Risk Factors of RCB Construction in Nuclear Power Plant (원자력 발전 플랜트 RCB 시공의 리스크 요인에 관한 분석 모델)

  • Shin, Dae-Woong;Shin, Yoonseok;Kim, Gwang-Hee
    • 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.

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Analysis and Quantitative Estimation of Risk Factors of Design-Build (턴키 프로젝트에서 리스크요인 분석 및 정량적 평가)

  • Oh, Guk-Yeol;Lee, Young-Dai
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.5
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    • pp.12-24
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    • 2012
  • The Risks in undertaking a construction project comes from many sources and often involves many participants in the project. This study has identified various kinds of risks, assessed the risk factors quantitatively and suggested risk management method for response pertinent in Design Build(Turn Key)type of projects in Korean context. A questionnaire was designed comprising of 145 possible risks in all types of construction projects. The population from owner, consultant and contractor groups was asked to indicate the risks applicable in DB projects. 25 numbers of critical risks in DB projects were identified and further analyzed for reveling inherent relationship between them through factor analysis. Factor analysis revealed 8 risk factors in DB projects. Construction site related, contract related and design related risk factor consisted about 72% of total risk weight. It has been found out about 6%, while considering the mutual dependency, it is about 10% of total cost of DB project. Therefore, It is suggested that 6% to 10% of construction amount as contingency has to be made provision for risk responses in the DB projects.

Correlational Structure Modelling for Fall Accident Risk Factors of Portable Ladders Using Co-occurrence Keyword Networks (동시 출현 기반 키워드 네트워크 기법을 이용한 이동식 사다리 추락 재해 위험 요인 연관 구조 모델링)

  • Hwang, Jong Moon;Shin, Sung Woo
    • Journal of the Korean Society of Safety
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    • v.36 no.3
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    • pp.50-59
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    • 2021
  • The main purpose of accident analysis is to identify the causal factors and the mechanisms of those factors leading to the accident. However, current accident analysis techniques focus only on finding the factors related to the accident without providing more insightful results, such as structures or mechanisms. For this reason, preventive actions for safety management are concentrated on the elimination of causal factors rather than blocking the connection or chain of accident processes. This greatly reduces the effectiveness of safety management in practice. In the present study, a technique to model the correlational structure of accident risk factors is proposed by using the co-occurrence keyword network analysis technique. To investigate the effectiveness of the proposed technique, a case study involving a portable ladder fall accident is conducted. The results indicate that the proposed technique can construct the correlational structure model of the risk factors of a portable ladder fall accident. This proves the effectiveness of the proposed technique in modeling the correlational structure of accident risk factors.

A Study on the Identification and Improvement of Risk Factors by Region through Case analysis of Safety report in the ROKAF Integrated Air Conrtrol Management System (공군 항공관제통합관리체계 내(內) 안전보고 사례분석을 통한 지역(기지)별 위해요인 식별 및 개선 연구)

  • Hakbong Lee
    • Journal of Aerospace System Engineering
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    • v.17 no.4
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    • pp.34-42
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    • 2023
  • This study aims to analyze safety reports received through the recently added SMS safety self-report in the Air Force's "integrated air control management" system, identify hazards, present improvements by region (base), and lay the foundation for future data-based safety management. To identify risk factors, it was first classified by base based on data classified into 16 groups in the autonomous reporting system, and second classified in detail based on the type and description. Risk factors were analyzed for the most reported control cooperation (306) items, and improvements were derived by dividing risk factors into information sharing, regulations, procedures, education, training, and equipment items based on the analysis results. It was confirmed that risk factors and specific improvements vary by base (12), which is important data that can present statistical analysis and the direction of safety management in the flight control field by base (region). In addition, since there is no data-based risk factor analysis study for each specific base (region), it can be used in the future as basic research data for data-oriented safety management.