• Proceedings of the KSR Conference
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• 2004.06a
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• pp.1155-1162
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• 2004

This research proposes a new risk analysis method in order to guarantee successful performance of construction projects. The proposed risk analysis methods consists of four phases. First step, AHP model can help contractors decide whether or not they bid for a project by analysing risks involved in the project. Second step, the influence diagraming, decision tree and Monte Carlo simulation are used as tools to analyze and evaluate project risks quantitatively. Third step, Monte Carlo simulation is used to assess risk for groups of activities with probabilistic branching and calendars. Finally, Fuzzy theory suggests a risk management method for construction projects, which is using subjective knowledge of an expert and linguistic value, to analyze and quantify risk. The result of study is expected to improve the accuracy of risk analysis because three factors, such as probability, impact and exposure, for estimating membership function are introduced to quantify each risk factor. Consequently, it will help contractors identify risk elements in their projects and quantify the impact of risk on project time and cost.

• Safety and Health at Work
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• v.10 no.4
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• pp.428-436
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• 2019

Background: Metalworking fluids (MWFs) are mixtures with inhalation exposures as mists, dusts, and vapors, and dermal exposure in the dispersed and bulk liquid phase. A quantitative risk assessment was performed for exposure to MWF and respiratory disease. Methods: Risks associated with MWF were derived from published studies and NIOSH Health Hazard Evaluations, and lifetime risks were calculated. The outcomes analyzed included adult onset asthma, hypersensitivity pneumonitis, pulmonary function impairment, and reported symptoms. Incidence rates were compiled or estimated, and annual proportional loss of respiratory capacity was derived from cross-sectional assessments. Results: A strong healthy worker survivor effect was present. New-onset asthma and hypersensitivity pneumonitis, at 0.1 mg/㎥ MWF under continuous outbreak conditions, had a lifetime risk of 45%; if the associated microbiological conditions occur with only 5% prevalence, then the lifetime risk would be about 3%. At 0.1 mg/㎥, the estimate of excess lifetime risk of attributable pulmonary impairment was 0.25%, which may have been underestimated by a factor of 5 or more by a strong healthy worker survivor effect. The symptom prevalence associated with respiratory impairment at 0.1 mg/㎥ MWF was estimated to be 5% (published studies) and 21% (Health Hazard Evaluations). Conclusion: Significant risks of impairment and chronic disease occurred at 0.1 mg/㎥ for MWFs in use mostly before 2000. Evolving MWFs contain new ingredients with uncharacterized long-term hazards.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.27 no.5
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• pp.1233-1245
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• 2017

Cyber risk is rapidly increasing due to the hyperconnectivity of the IoT in the intelligent information society. Therefore cyber insurance has been attracting attention as a new risk management countermeasure by transferring cyber risk. However, cyber insurance is still a new concept in South Korea. The purpose of this study is to propose the concept of cyber insurance suitable for domestic demand by deriving the priority of cyber insurance coverage. Research results suggest that the most requisite cyber insurance types are business interruption and liability.

• Journal of Aerospace System Engineering
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• v.15 no.4
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• pp.64-74
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• 2021

Unmanned Aircraft Systems (UAS) are rapidly emerging not only as a key military power, such as surveillance and reconnaissance for military purposes but also as a new air transportation means in the form of Urban Air Mobility (UAM). Currently, airworthiness certification is carried out focused on the verification of technical standards for flight safety suitability of aircraft design in accordance with the Military Aircraft Flight Safety Certification Act and does not employ the model for operational risk assessment for mission areas and airspace. In this study, in order to evaluate the risk of the mission area from the perspective of the UAS operator, a risk assessment simulation has been conducted by applying the Specific Operations Risk Assessment (SORA) model to the operating environment of the Korean military UAS. Also, the validity of the SORA model has been verified through the analysis of simulation results, and a new application plan for airworthiness certification of the military unmanned aerial system has been presented.

• Transactions of the Korean hydrogen and new energy society
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• v.35 no.4
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• pp.460-467
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• 2024

As the hydrogen economy receives attention, much research has been conducted on water electrolysis that can produce green hydrogen. After investigating the various risk factors that exist in the alkaline water electrolysis process through hazard and operability study and job safety analysis, which are risk assessments, measures to ensure safety were prepared and made into a manual. Possible risks that could occur during various emergency stop situations and operations were identified, and leakage of potassium hydroxide (KOH) and hydrogen used as electrolyte appeared to be the main risk. If you utilize a risk assessment for the relevant equipment when writing a manual, you will be able to prepare work procedures that substantially reduce risk factors.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2004.11a
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• pp.57-60
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• 2004

Evaluating the risk of collision quantitatively plays a key role in developing the expert system of navigation and collision avoidance. This study analysed thoroughly how to determine the thresholds as described in the new evaluation of collision risk using sech function, and developed the appropriate equation as applicable.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2004.08a
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• pp.146-154
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• 2004

Evaluating the risk of collision quantitatively plays a key role in developing the expert system of navigation and collision avoidance. This study suggested and developed a new approach to the evaluation by using the sech function as an alternative to the existing methods of appraising the collision risk. This study also investigated and built up theoretically how to determine the gradient coefficients in this approach and suggested the appropriate values as much as applicable. Finally this study analyzed thoroughly how to determine the threshold function of avoiding time and developed the appropriate equation.

• Journal of Navigation and Port Research
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• v.27 no.4
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• pp.351-357
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• 2003

Evaluating the risk of collision quantitatively plays a key role in developing the expert system of navigation and collision avoidance. This study analysed theoretically and thoroughly how to determine the gradient coefficients as described in the new evaluation of collision risk using sech function, and suggested the appropriate values as applicable.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.15
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• pp.239-261
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• 2001

There are many kinds of risk in int'l trade by internet network, such as credit risk, mercantile risk, contingency risk, exchange risk, physical risk and the risk on internet network. Especially, risk management against credit risk and the risk on internet network are very important. The former is conventional but more important these days. The latter is a new risk that has been incurred owing to the int'l trade by internet network. The system of risk management against the former are firstly, to surely research credit of counterpart by internet, secondly, to certify the entity by password or fingerprint, thirdly, to pay the price under a letter of credit, fourthly, to use the system of int'l trade such as bolero, trade card, finally, to use the authority of electronic trade services. The system of risk management against the latter are firstly, to install the firewall on the own computer network, secondly, to entrust the management own computer network to the network security services firm, thirdly, to electronically communicate with counterpart through the certification authority, finally, to insure against the own network risk with the security insurance company.

• Earthquakes and Structures
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• v.12 no.1
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• pp.47-54
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• 2017

Introduction of robustness index in the structure is done in three ways: deterministic robustness index, probabilistic robustness index, and risk-based robustness index. In past decades, there have been numerous researches to evaluate robustness index in both deterministic and probabilistic ways. In this research, by using a risk analysis, a risk-based robustness index has been defined for the structure. By creating scenarios in accordance with uncertainty parameters of critical and unexpected gas blast accident, a new method has been suggested for evaluating risk-based robustness index. Finally, a numerical example for the evaluation of risk-based robustness index of a four-storey reinforced concrete moment frame, designed and built based on Eurocode 8 code, has been presented with results showing a lower risk of robustness.