• Title/Summary/Keyword: risk analysis and estimation

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A Study on the Maintenance Cost Estimation Model for Application Software by Considering Risks (위험을 고려한 응용소프트웨어의 유지관리비용 산정모델에 관한 연구)

  • Jeong, Hyung Jong;Koo, Eun Young;Han, Kyeong Seok
    • Journal of Information Technology Services
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    • v.14 no.3
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    • pp.67-84
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    • 2015
  • Software is more diverse and complex and the level of importance for the maintenance of application software to securely operate software is also gradually increasing in proportion. The calculation method for maintenance cost of application software applied in Korea public enterprises is involved in the range of 10 to 15% of development cost, depending on the Software Project Cost Estimation Guide. Moreover, as most software maintenance cost estimation procedures do not take into consideration of the risk factors related of maintenance, it can be seen as a main cause for the occurrence of maintenance related accidents. This study proposes a maintenance cost estimate model that takes into consideration of the risks related to the software maintenance activities to improve and resolve issues arising from the estimation of maintenance cost. In doing so, maintenance risk factors are analyzed and a risk index is derived through the analysis of risk levels based on the risk factors. Based on such analysis, a maintenance cost estimate method which reflects the maintenance risk index was established.

Quantitative Estimation of Firm's Risk from Supply Chain Perspective (공급사슬 관점에서 기업 위험의 계량적 추정)

  • Park, Keun-Young;Han, Hyun-Soo
    • Journal of Information Technology Applications and Management
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    • v.22 no.2
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    • pp.201-217
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    • 2015
  • In this paper, we report computational testing result to examine the validity of firm's bankruptcy risk estimation through quantification of supply chain risk. Supply chain risk in this study refers to upstream supply risk and downstream demand risk, To assess the firm's risk affected by supply chain risk, we adopt unit of analysis as industry level. since supply and demand relationships of the firm could be generalized by the industry input-output table and the availability of various valid economic indicators which are chronologically calculated. The research model to estimate firm's risk level is the linear regression model to assess the industry bankruptcy risk estimation of the focal firm's industry with the independent variables which could quantitatively reflect demand and supply risk of the industry. The publicly announced macro economic indicators are selected as the candidate independent variables and validated through empirical testing. To validate our approach, in this paper, we confined our research scope to steel industry sector and its related industry sectors, and implemented the research model. The empirical testing results provide useful insights to further refine the research model as the valid forecasting mechanism to capture firm's future risk estimation more accurately by adopting supply chain industry risk aspect, in conjunction with firm's financial and other managerial factors.

Risk Analysis Method Applied to Train Control Systems for Safety Assurance (열차제어시스템 안전성 확보를 위한 위험도 분석 방법 적용)

  • Jo, Hyun-Jeong;Hwang, Jong-Gyu
    • Journal of the Korean Society of Safety
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    • v.22 no.5
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    • pp.71-76
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    • 2007
  • Failures of equipments for train control systems are linked directly to extensive damages of human lives or financial losses from the increasing uses of train control equipments utilizing computers. Then safety activities for assuring safety and reliability are needed during the system life-cycle. Risk analysis is important phase to increase safety from determining the risk presented by the identified hazard. In this paper, we investigated several methods for risk estimation of safety activities, and then we drew a comparison between original methods to suggest optimized one in the application to train control systems. In the result of the comparison, we had plan to propose the risk analysis method called Best-Practice(BP) risk method combining advantages of the qualitative and the quantitative analysis. In addition, we attempted to apply the BP-risk method to domestic train control systems handling in Korea.

A Study on The Estimation of Accident Loss Prevention Cost and Risk Analysis in Subway Construction (지하철 건설현장 재해 분석 및 재해손실비용 추정에 관한 연구)

  • 최명기
    • Journal of the Korean Professional Engineers Association
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    • v.34 no.5
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    • pp.77-81
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    • 2001
  • The industrial accident in subway of late is increasingly coming to the front as a serious problem of society because a scale of industrial accident is a large size, and powerfulness, while the percent of accident is decreasing as a result of industrial facilities with the largeness of equipment, automation, and high horse-powering. In this paper, a study on the estimation of accident loss prevention cost and risk analysis in subway construction is proposed as an alternative to the techniques currently used in the general construction projects safety. Then the concept of risk evaluation using a risk assessment model is presented to drive value of risk and numerical example for risk analysis. A means for this does grasp the importance of educational factor by way of analyzing the causes of accident through statistical data of labor department, emphasizing the necessity and the importance of safety education, being helpful to act safety by decreasing insecure activity which ranks the majority of accident causes with putting the education program, form, method into practice that are suitable for a place of business.

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The Effect of Service Quality Estimation and Perceived Risk on Purchase Intention and Satisfaction of the Fashion Merchandise to Internet Shopping Malls (서비스 품질 평가와 지각된 위험이 인터넷 쇼핑몰에서의 패션상품 구매의도 및 만족에 미치는 영향)

  • Lee, Eun-Jin;Hong, Byung-Sook
    • Journal of the Korean Home Economics Association
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    • v.44 no.5 s.219
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    • pp.79-87
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    • 2006
  • The purpose of this study is to analyze whether service quality and perceived risk have an effect on purchase intention and satisfaction of the fashion merchandise in internet shopping malls. To this end, a survey was conducted from June 20 to July 30 in 2005, among married women aged in their 20s and 30s, on their purchase experience of fashion merchandise from internet shopping malls. The survey was conducted over the internet with 306 subjects. The statistical analysis methods were frequency analysis, reliability analysis, factor analysis, and multiple regression analysis. First, the service quality factors were determined to be reliability, responsibility, ease of transaction, order convenience, and site characteristics. Perceived risk factors were determined to be merchandise risk, information exposure risk, social psychological risk, and function risk. Second, service quality factors of responsibility, ease of transaction, order convenience, site characteristics and perceived risk factor of social psychological risk had an effect on internet purchase intention of the fashion merchandise. Greater site use convenience, lower price, simpler ordering, and lower social psychological risk were all positively correlated with higher internet purchase intention of fashion merchandise. Third, nice quality factors and social psychological risk had an effect on satisfaction degree in internet shopping.

Vision-Based Obstacle Collision Risk Estimation of an Unmanned Surface Vehicle (무인선의 비전기반 장애물 충돌 위험도 평가)

  • Woo, Joohyun;Kim, Nakwan
    • Journal of Institute of Control, Robotics and Systems
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    • v.21 no.12
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    • pp.1089-1099
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    • 2015
  • This paper proposes vision-based collision risk estimation method for an unmanned surface vehicle. A robust image-processing algorithm is suggested to detect target obstacles from the vision sensor. Vision-based Target Motion Analysis (TMA) was performed to transform visual information to target motion information. In vision-based TMA, a camera model and optical flow are adopted. Collision risk was calculated by using a fuzzy estimator that uses target motion information and vision information as input variables. To validate the suggested collision risk estimation method, an unmanned surface vehicle experiment was performed.

Analysis of Installation Status and Application of GIS for Preliminary Risk Assessment of Underground Storage Tanks in Chuncheon City (춘천시의 지하 저장 탱크의 예비적 위해성 평가를 위한 설치 현황 분석 및 지리정보시스템의 적용)

  • Kim, Joon-Hyun;Han, Young-Han;Lee, Jong-Chun;Kwon, Young-Sung;Lee, Kwang-Yeon
    • Journal of Industrial Technology
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    • v.22 no.A
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    • pp.127-135
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    • 2002
  • In this study, the preliminary risk assessment for the underground storage tanks(UST) in Chunchon city was implemented using the geographical information system(GIS). The estimation variables, such as the installation year, storage capacity, the distances from streams, and from groundwater pumping wells, were selected to estimate the relative risk levels. The weighting factors were given to all the estimation variables. Cumulative scores were induced by the combination of all the scores of the corresponding variables using the buffering technique and the overlay analysis in ArcView. Using the these process, the relative risk level of each UST was estimated. Some sites in this study are simplified and reduced because the number of useable data are limited or too enormous. Thus the selection of the comprehensive estimation variables and the proper weighting values are required for the future study. The methodology in this study could be served not only for the preliminary risk assessment of UST but also for the selection of the proper location of new and old UST. And, it can be used for the effective management system of UST.

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Project Duration Estimation and Risk Analysis Using Intra-and Inter-Project Learning for Partially Repetitive Projects (부분적으로 반복되는 프로젝트를 위한 프로젝트 내$\cdot$외 학습을 이용한 프로젝트기간예측과 위험분석)

  • Cho, Sung-Bin
    • Journal of the Korean Operations Research and Management Science Society
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    • v.30 no.3
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    • pp.137-149
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    • 2005
  • This study proposes a framework enhancing the accuracy of estimation for project duration by combining linear Bayesian updating scheme with the learning curve effect. Activities in a particular project might share resources in various forms and might be affected by risk factors such as weather Statistical dependence stemming from such resource or risk sharing might help us learn about the duration of upcoming activities in the Bayesian model. We illustrate, using a Monte Carlo simulation, that for partially repetitive projects a higher degree of statistical dependence among activity duration results in more variation in estimating the project duration in total, although more accurate forecasting Is achievable for the duration of an individual activity.

A Study on the Development of Work Activity Check List by Factor Analysis (요인분석을 통한 공종별 체크리스트 작성에 관한 연구)

  • 이재옥;윤여완;김천학;양극영
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2002.11a
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    • pp.95-98
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    • 2002
  • The purpose of this study was to Estimation the Risk of construction method to protect and reduce the risk of construction period. For this study we are using the pre and during construction period Inspection list. The inspection list was used by construction company for check a flaw of construction field. So we rearrange the individual item of inspection list to match the Risk factor, The results of this study were as follows: The inspection list was rearranged at Risk checklist for Risk estimation. So that we estimate the Risk of individual construction method.

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A Study on the Modeling of PoF Estimation for Probabilistic Risk Assessment based on Bayesian Method (확률론적 위험도평가를 위한 베이지안 기반의 파손확률 추정 모델링 연구)

  • Kim, Keun Won;Shin, Dae Han;Choi, Joo-Ho;Shin, KiSu
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.41 no.8
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    • pp.619-624
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    • 2013
  • To predict the probabilistic service life, statistical factors should be included to consider the uncertainty of parameters. Generally the probabilistic analysis is one of the common methods to account the uncertainty of parameters on the structural failure. In order to apply probabilistic analysis on the deterministic life analysis, it would be necessary to introduce Probability of Failure(PoF) and conduct risk assessment. In this work, we have studied probabilistic risk assessment of aircraft structures by using PoF approach. To achieve this goal, the Bayesian method was utilized to model PoF estimation since this method is known as the proper method to express the uncertainty of parameters. A series of proof tests were also conducted in order to verify the result of PoF estimation. The results from this efforts showed that the PoF estimation model can calculate quantitatively the value of PoF. Furthermore effectiveness of risk assessment approach for the aircraft structures was also demonstrated.