• Title/Summary/Keyword: Risk management system

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Guidelines for Project Quality Management System (프로젝트 품질경영시스템 지침)

  • Choi Sung-Woon
    • Proceedings of the Safety Management and Science Conference
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    • 2006.04a
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    • pp.525-544
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    • 2006
  • This paper is to introduce guidelines for project quality management system. International standards such as ISO 10006, IEC 62198, ISO/IEC TR 16326 and ISO 15188 are considered. This study is to discuss guidelines for quality management in projects, and application guidelines for project risk management, and guide for the application of ISO/IEC 12207 to software project management, and project management guidelines for terminology standardization.

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Implementation of Agrometeorological Early Warning System for Weather Risk Management in South Korea

  • Shim, Kyo Moon;Kim, Yong Seok;Jung, Myung-Pyo;Choi, In Tae;Kim, Hojung;Kang, Kee Kyung
    • Journal of Climate Change Research
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    • v.8 no.2
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    • pp.171-175
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    • 2017
  • The purpose of the farmstead-specific early warning service system for weather risk management is to develop custom-made risk management recommendations for individual farms threatened by climate change and its variability. This system quantifies weather conditions into a "weather risk index" that is customized to crop and its growth stage. When the risk reaches the stage where it can cause any damage to the crops, the system is activated and the corresponding warning messages are delivered to the farmer's mobile phone. The messages are sent with proper recommendations that farmers can utilize to protect their crops against potential damage. Currently, the technology necessary to make the warning system more practical has been developed, including technology for forecasting real-time weather conditions, scaling down of weather data to the individual farm level and risk assessments of specific crops. Furthermore, the scientific know-how has already been integrated into a web-based warning system (http://new.agmet.kr). The system is provided to volunteer farmers with direct, one-on-one weather data and disaster warnings along with relevant recommendations. In 2016, an operational system was established in a rural catchment ($1,500km^2$) in the Seomjin river basin.

A Decision Support System for foreign exchange risk management (외환위험 헷징을 위한 의사결정 지원시스템)

  • 최생림;장석권
    • Korean Management Science Review
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    • v.11 no.2
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    • pp.161-184
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    • 1994
  • The purpose of this paper is to suggest a DSS(Decision Support System) framework for managing exchange risks involved in international transactions. To this aim, a number of hedging strategies were suggested and analyzed in their pros and cons. Also, developed were a system architechture and various functional modules for implementing the suggested foreign exchange risk management system and application scenario was demonstrated. Finally, future research areas were indicated.

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Examining the Improvement of the Risk Assessment System for the Safety Management of Military Construction Projects (군 건설공사 안전관리를 위한 위험성 평가 시스템 개선 방안)

  • Jung, Hyun-Sub;Bang, Hong-Soon;Kim, Ok-Kyue
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.05a
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    • pp.335-336
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    • 2023
  • The military has adopted and implemented risk assessment since 2013 to reduce fatalities and accident rates at construction sites. However, risk assessment is carried out as a voluntary preventive activity and is maintained as a superficial administrative process for owners. Risk assessment must comply with the Occupational Safety and Health Act and the Enforcement Guideline of Risk Assessment. However, the scope of the assessment covers many industries, including manufacturing and distribution, making it difficult to apply to construction sites. As a result, the guidelines are interpreted and applied differently at each construction site. This study aims to improve the risk assessment system so that it is applicable to construction projects and proposes the improvement of the risk assessment system by analyzing the current status of serious accidents in military construction projects.

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A Risk Analysis Model Using VERT for R & D Project Management (R & D 프로젝트의 위험분석모형의 연구)

  • 황홍석
    • Journal of the Korean Operations Research and Management Science Society
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    • v.20 no.1
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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.

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A Study on the Improvement of Domestic Rail Safety Management System through the Analysis of Safety Management Regulations and Results of the Universal Rail Safety Audit (안전관리규정과 철도종합안전심사결과 분석을 통한 국내 철도안전관리체계 개선에 관한 연구)

  • Oh, In-Tack;Paeng, Jung-Goang;Jang, Seong-Yong
    • Journal of the Korean Society for Railway
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    • v.11 no.3
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    • pp.342-348
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    • 2008
  • This paper defines the Safety Management System (SMS) based on the rail safety act and surveys the status of the English rail SMS and International Civil Aviation Organization (ICAO) SMS and OHSAS18001 SMS. Through the analysis of the domestic rail operators' safety management regulations and the results of the universal rail safety audit, the status and problems of domestic rail operators' SMS are investigated and the improvement scheme are derived. First, to establish the continual improvement system for SMS, the instruction which describe the detailed continual improvement method for each steps of SMS including management review by CEO shall be established. Second, to settle the risk management based SMS, converting the rail operators mind and establishing the supply system of safety risk operating model and basic data for the risk analysis and safety evaluation and including the precise requirement for the risk management in the related instruction should be conducted.

Safety Management Information System in Roads Construction Work (도로 건설공사의 안전관리정보시스템 개발)

  • Park, Jong-Keun
    • 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.

Safety Management Information System in Bridges Construction Work (교량 건설공사의 안전관리정보시스템 개발)

  • Park, Jong-Keun
    • Journal of the Korean Society of Safety
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    • v.26 no.5
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    • pp.73-80
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    • 2011
  • 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, pier, pier upper and etc based on accident examples and investigation on actual condition in bridges 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.

Integrated Risk Management System for Ship Safety

  • Lee, Jong-Kap;Lee, Soon-Sub;Park, Beom-Jin
    • Journal of Ship and Ocean Technology
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    • v.12 no.4
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    • pp.32-39
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    • 2008
  • According to the increase of the requirement for the safety and environmental protection at sea, safety is a core design factor of maritime systems. Safety is defined as a perceived quality that determines to what extent the management, engineering and operation of a system is free of danger to life, property and the environment. There are many possible approaches in dealing with the safety of ships. The risk-based approach is one of the most systematic and reasonable way currently in design, operation and regulatory works for ship safety. This paper proposes a concept of total risk management for ship safety, and introduces a prototype system implemented based on this concept as a framework of design and operation of ships.

Risk Sharing in a Supply Chain (공급사슬에서의 위험공유)

  • Ahn, Seongje
    • Journal of the Korean Operations Research and Management Science Society
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    • v.28 no.4
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    • pp.115-129
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    • 2003
  • This paper suggests that the profit sharing contract can be Pareto optimal for both supplier and the purchaser. It is shown that Pareto optimal risk sharing contract can be obtained even though the decisions are made in a decentralized manner. The effect of risk attitude of the members of the supply chain is discussed. We examined various aspects of the risk sharing contract such as risk altitude, bargaining power, and cost of information system. The different risk attitude changes the optimal parameters and decision variables. Especially, we proved that, when both the supplier and the purchaser are risk averse, the purchaser orders less quantity than when the one is risk neutral and the other is risk averse. If the fixed cost for the information system is big enough to satisfy a certain condition, it is Pareto optimal not to share the profit and the purchaser takes all the risk even though he is risk averse.