• Title/Summary/Keyword: Risk management measure

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A Study on Standardization of Risk Management based on GIS for Railway HAZMAT Movement (GIS 기반 철도 위험물 수송의 위험도 관리 표준화 방안)

  • Paeng, Jung-Goang;Kim, Si-Gon;Park, Min-Kyu
    • Proceedings of the KSR Conference
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    • 2009.05a
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    • pp.1365-1375
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    • 2009
  • The types and quantities of Hazmat and Hazmat transport are gradually increasing, keeping pace with industrialization and urbanization. There are currently more than 1,000 types of Hazmat,, and new types are added every year. At present the safety management for Hazmat transport only considers reducing accident probability, but even when an accident involving Hazmat-carrying vehicles occurs, that is not regarded as a Hazmat-related accident if the Hazmats do not leak out from the containers carrying them. Based on this principle, in turn., the methods to reduce risk (Risk=Probability$\times$Consequence) have to be developed by incorporating accident probability and consequence. By using Geographic Information System (GIS), a technical method was invented and is automatically able to evaluate the consequence by different types of Hazmat. Thus this study analyzed the degree of risk on the links classified by the Hazmat transport pathways. In order to mitigate the degree of risk, a method of 7-step risk management in transporting Hazmat on railway industries was suggested. The 7-step risk management is definded as the following: 1st step: buliding up GIS DB, 2nd step: calculating accident probability on each link, 3rd step: calculating consequence by Hazmat types, 4th step: determination of risk, 5th step: analysis of alternative plans for mitigating the risk, 6th: measure of effectiveness against each alternative, and 7th step: action plans to be weak probability and consequence by the range recommended from ALARP. In conclusion., those 7 steps are recommended as a standardization method in this study.

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A risk management system applicable to NATM tunnels: methodology development and application (NATM 터널의 리스크 관리 시스템 개발 및 현장적용)

  • Chung, Heeyoung;Lee, Kang-Hyun;Kim, Byung-Kyu;Lee, In-Mo;Choi, Hangseok
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.22 no.2
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    • pp.155-170
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    • 2020
  • In this paper, a risk management system applicable to NATM tunneling projects is proposed. After investigating case histories in NATM tunnel collapse, this paper analyzes the potential risk factors and their corresponding risk events during NATM tunnel construction. The risk factors are categorized into three groups: geological, design and construction risk factors. The risk events are also categorized into four types: excessive deformation, excessive deformation with subsidence, collapse inside tunnels, and collapse inside tunnels with subsidence. The paper identifies risk scenarios in consideration of the risk factors and proposes a risk analysis/evaluation method for the NATM tunnel risk scenarios. Based on the evaluation results, the optimal mitigation measure to handle the risk events is suggested. In order to effectively facilitate a series of risk management processes, it is necessary to develop a risk register and a management ledger for risk mitigation measures that are customized to NATM tunnels. Lastly, the risk management for an actual NATM tunnel construction site is performed to verify the validity of the proposed system.

An Intervention Study on the Implementation of Control Banding in Controlling Exposure to Hazardous Chemicals in Small and Medium-sized Enterprises

  • Terwoert, Jeroen;Verbist, Koen;Heussen, Henri
    • Safety and Health at Work
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    • v.7 no.3
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    • pp.185-193
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    • 2016
  • Background: Management and workers in small and medium-sized enterprises (SMEs) often find it hard to comprehend the requirements related to controlling risks due to exposure to substances. An intervention study was set up in order to support 45 SMEs in improving the management of the risks of occupational exposure to chemicals, and in using the control banding tool and exposure model Stoffenmanager in this process. Methods: A 2-year intervention study was carried out, in which a mix of individual and collective training and support was offered, and baseline and effect measurements were carried out by means of structured interviews, in order to measure progress made. A seven-phase implementation evolutionary ladder was used for this purpose. Success and failure factors were identified by means of company visits and structured interviews. Results: Most companies clearly moved upwards on the implementation evolutionary ladder; 76% of the companies by at least one phase, and 62% by at least two phases. Success and failure factors were described. Conclusion: Active training and coaching helped the participating companies to improve their chemical risk management, and to avoid making mistakes when using and applying Stoffenmanager. The use of validated tools embedded in a community platform appears to support companies to organize and structure their chemical risk management in a business-wise manner, but much depends upon motivated occupational health and safety (OHS) professionals, management support, and willingness to invest time and means.

Safety Management in Norwegian Fish Farming: Current Status, Challenges, and Further Improvements

  • Thorvaldsen, Trine;Storkersen, Kristine;Kongsvik, Trond;Holmen, Ingunn Marie
    • Safety and Health at Work
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    • v.12 no.1
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    • pp.28-34
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    • 2021
  • Background: Safety management is required to ensure health and safety of personnel in Norwegian fish farming. However, few studies have addressed the status and practical relevance of this risk-reducing measure. Methods: This article provides new knowledge through interviews with 35 employees at different company levels, addressing perceptions of various safety management activities according to managers and operational personnel. Results: The interviews show that managers and operational personnel at fish farms agree that the quantity of measures aimed to improve safety has increased in recent years. However, some activities are perceived to have higher practical relevance than others. In general, measures that fit well with the practical reality are well received by the employees at the fish farms. Conclusion: Suggested improvements include involving operational personnel in the design of procedures, considering all risk dimensions that may affect occupational health and safety, and challenging the value of specific safety activities based on a detailed knowledge of the distinctive characteristics of work practice in fish farming.

The Cross-Sectional Dispersion of Housing and Business Cycle (경기변동과 주택형태별 수익률에 관한 소고(小考))

  • Kim, Jong-Kwon
    • Proceedings of the Safety Management and Science Conference
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    • 2009.04a
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    • pp.305-308
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    • 2009
  • According to the returns of Housing and business cycle over the period 1992 to 2007, it is a measure of the total volatility faced by investors in Housing properties. First, it isn't a distinct difference from business cycle contrary to U.S. Second, the rise of purchase price in total apartments moves up the consumer price index. According to the cross-sectional dispersion of returns and growth in net operating income (NOI) of apartments, industrial, retail and office properties using panel data for U.S. metropolitan areas over the period 1986 to 2002, it is a measure of the total volatility faced by investors in commercial real estate. To the extent that most of that volatility is difficult to diversify, cross-sectional dispersion may be an appropriate measure of risk.

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The Relationship of Diet, Physical Activities, Self-efficacy, and Self-care with Cardiovascular Risk Factors among Clients with Type II Diabetes (제 2형 당뇨 환자의 식이, 신체활동, 자가간호, 자기효능감과 심혈관 합병증 위험요소간의 관계)

  • Lee, Hae Jung;Kim, Myung Soo
    • Korean Journal of Adult Nursing
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    • v.19 no.2
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    • pp.283-294
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    • 2007
  • Purpose: The purpose of this study was to identify predictors of cardiovascular risk factors of type 2 diabetic patients. Methods: Diabetic patients (N=160) were interviewed from November, 2003 to June, 2004. The 24 hour dietary recall, the International Physical Activity Questionnaire, the Diabetes Management Self-Efficacy Scale for patient with Type 2 diabetes, the Revised Summary of Diabetes Self-Care Activities Measure Scale and Parma Cardiovascular Risk Index were used to measure the predictors. Data were analyzed by descriptive analyses, Pearson correlation coefficients, and stepwise multiple regression using the SPSS WIN 10.0. Results: Mean dietary intakes of the participants were protein(P) of 64.5g, carbohydrate(C) of 280.74g, fat(F) of 30g, and calcium of 511.45mg. The ratio of CPF was 75:17:8. About 45% of the participants didn't exercise on a regular basis. The levels of self-efficacy, self-care, and cardiovascular risk factors of the participants were moderate. Self-efficacy was the most important predictor of cardiovascular risk factors along with self-care, exercising for more than 6 months, carbohydrate intakes and levels of physical activities. Conclusion: The findings of the study suggest that intervention programs increasing self-efficacy on diabetic management would be more beneficial than the fractional approach focusing only on diet or physical activities.

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The Performances and Character of Korean Venture Capital - focus on the Venture index in Kosdaq - (한국 벤처캐피탈의 투자성과에 대한 실증적 연구)

  • 김종권
    • Proceedings of the Safety Management and Science Conference
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    • 2005.05a
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    • pp.379-392
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    • 2005
  • The size of state in Korea is like Israel, this country's venture capital is ruled by government. This venture capital's character is below: the concentration on research of venturer affect positively at quality of products. This paper lies with venture capital's risk character & performance. The results show that Korean venture capitals have lager unsystematic risk than systematic risk, which implies they specialize in specific business and/or regional areas instead of diversification. The Sharpe & Jensen measures reveal that the performances of Korean venture capitals are very low relative to even the market portfolio(Kospi) and Kosdaq Venture Index. Contrary to this, Venture firm's performance according to Entrepreneurship will cause to push up stock price.

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Risk Management Process through a Phase of $Economic{\cdot}Financial$ Feasibility Study (경제적${\cdot}$재무적 타당성분석 단계에서의 리스크 관리절차 연구)

  • Park Young-Min;Kim Soo-Yong
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.454-459
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    • 2003
  • Feasibility study on large scale projects like an investment on infrastructure development is very important because it provides fundamental data which determine the total investment size and duration. However, previous feasibility studies have a few problems of ambiguous estimation standards, unsystematical estimation methods, and so on. Accordingly, this study intends to regulate tile problems on economic feasibility as well as financial feasibility study which have been considered more critical in recent time, subsequently presents a reform measure. Also, this study identifies predictable risks during the feasibility study, presents a scheme which lets investor and owner control the risk themselves through a process which uses theoretical and political management plans.

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A Study on the Research & Analysis of the Health and Safety Managing's Understanding on the Applied Construction Work Site Risk Assessment - Focus on Site Manager & Manager - (건설업 위험성평가 적용사업장 종사자 안전보건 인식도 조사 연구 -사업장책임자 및 관리감독자를 중심으로-)

  • Choi, Soo-Hwan;Kim, Chi-Kyung
    • Journal of the Korean Society of Safety
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    • v.27 no.4
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    • pp.62-67
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    • 2012
  • Risk Assessment, a basis of health and safety management system, is an calamity prevention activity which regularly measure the level of a risk to passively improve potential hazard. A problem, the assessment not being improved to be applied to the construction work site where requires diversity and complexity, causes the assessment to be inefficient to bring quality results. A study on the investigates and compares the surveyed degree of recognitions of workers who works in companies executing the risk assessment By the investigation and comparison, it is expected to bring the better solution for early and efficient application for those companies which are not taking the risk assessment.

Stochastic value index for seismic risk management of existing lifelines

  • Koike, Takeshi;Imai, Toshio
    • Structural Engineering and Mechanics
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    • v.32 no.1
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    • pp.147-165
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    • 2009
  • This study proposes a certain measure or investment strategy for decision making associated with seismic retrofitting. This strategy reduces the risk of a large-scale malfunction such as water supply loss under seismic risks. The authors developed a stochastic value index that will be used in the overall evaluation of social benefit, income gain, life cycle costs and failure compensation associated with existing lifeline systems damaged by an earthquake during the remaining service period. Optimal seismic disaster prevention investment of deteriorated lifeline systems is discussed. Finally, the present study provides a performance-based design method for seismic retrofitting strategies of existing lifelines which are carried out using the target probabilities of value loss and structural failure.