• Title/Summary/Keyword: risk assessment analysis

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A Risk Assessment Approach to Safety Management of Electric Railway Facilities (전기철도 전철전력설비의 위험도 평가 기반 안전관리에 관한 연구)

  • Jang, Yoon-Suk;Choi, Kyu-Hyoung
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.58 no.5
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    • pp.960-967
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    • 2009
  • Power supply system of electric railway has a diversity of safety problems since it should supply high electric power to the trains moving high speed with a lot of passengers on board. This paper provides a risk assessment approach to safety management of the electric railway facilities. Construction of database from field accident information, risk assessment and management of the risk are carried out systematically to ensure the safety. The risk assessment includes hazard identification, cause analysis by FTA(Fault Tree Analysis), consequence analysis by EVA(Event Tree Analysis), and loss analysis. In terms of the severity and the probability of the accidents deduced by these analyses, the risk of the accidents is assessed by using a risk matrix designed for electric railway facilities. Based on the risk assessment, possible risk mitigation options are identified and evaluated by analyzing their impact on the risk reduction and their cost benefit ratio. The long-term safety of the electric railway facilities can be ensured by renewal of the risk assessment and the risk mitigation option analysis with continuous accident database update. The proposed approach is applied to the electric railway facilities of Korean railway based on the accident data from 2002 to 2008.

Application of Probabilistic Health Risk Analysis in Life Cycle Assessment -Part I : A General Framework for Uncertainty and Variability Analysis of Health Risk in Life Cycle Assessment (전과정평가에 있어 확률론적 건강영향분석기법 적용 -Part I : 전과정평가에 있어 확률론적 위해도 분석기법 적용방안에 관한 연구)

  • Choi, Kwang-Soo;Park, Jae-Sung
    • Journal of Environmental Impact Assessment
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    • v.9 no.3
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    • pp.185-202
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    • 2000
  • Uncertainty and variability in Life Cycle Assessment(LCA) have been significant key issues in LCA methodology with techniques in other research area such as social and political science. Variability is understood as stemming from inherent variations in the real world, while uncertainty comes from inaccurate measurements, lack of data, model assumptions, etc. Related articles in this issues were reviewed for classification, distinguish and elaboration of probabilistic/stochastic health risk analysis application in LCA. Concept of focal zone, streamlining technique, scenario modelling and Monte Carlo/Latin Hypercube risk analysis were applied to the uncertainty/variability analysis of health risk in LCA. These results show that this general framework of multi-disciplinary methodology between probabilistic health risk assessment and LCA was of benefit to decision making process by suppling information about input/output data sensitivity, health effect priority and health risk distribution. There should be further research needs for case study using this methodology.

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Application of the Risk-Based Analysis to EIA (환경영향평가에 있어 위해성분석 기법의 도입)

  • Chung, Yong
    • Journal of Environmental Impact Assessment
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    • v.4 no.3
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    • pp.1-8
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    • 1995
  • In generally speaking, the purpose of Environmental Impact Assessment(EIA) is to give the environment its due place in the decision-making process by clearly ealuating the environmental consequence of a proposed activity before action is taken. The introduction of conventional EIA is to be seen as an end product of a very long evolutionary process, starting with rudimentary but evolving pollution control measures for air, water, noise, land and chemicals, each governed by separate, and separately administered pieces of legislation. In EIA process, the measures of status, scoping, proposed mitigation and communication have not been very quantitative in their significancy. Of course, the determinations have uncertainity in the implications for significant impacts. To improve the determination of significant impacts, some more comprehensive methodologies of EIA has been proposed with the concepts of risk analysis in the proposed projects. The concepts of risk analysis has been introduced to the expression of human health impairment due to environmental pollutants since the early 1980's. The risk analysis being meant by the statistical significance of impact has a process quantitatively considering uncertainities and importances of ecological systems and human health as well. The process of risk analysis shows assessment, doseresponse in toxicity, exposure assessment and risk characterization. With the risk assessment, it could be suggested for the proper measurements against their anticipated risk in the EIA. This paper deals the priciples developing process and application of the risk-based analysis in EIA.

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Risk Assessment Method for Guaranteeing Safety in the Train Control System (열차제어시스템 안전성 확보를 위한 리스크 평가 방법 분석)

  • Jo, Hyun-Jeong;Hwang, Jong-Gyu;Yoon, Yong-Ki
    • Proceedings of the KSR Conference
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    • 2006.11b
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    • pp.870-877
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    • 2006
  • Recently, failures of equipments 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 have to progress for guaranteeing safety during the system life-cycle. In this paper, we examine the methods for risk analysis and assessment of safety activities and propose optimized one method for risk assessment. There are original risk assessment methods; risk graph and risk matrix method under the qualitative analysis, IRF(Individual Risk Formula) calculations and statistical calculations method under the quantitative analysis. Best-Practice(BP) risk analysis method is proposed for combining advantages of the qualitative and the quantitative analysis. In the comparison of risk graph and risk matrix method for safety estimation, BP method has no applications published up to now, but we can expect that this method will be utilized widely for the risk assessment due to various strong points.

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Comparative Analysis of Risk Assessment Tools for Infectious Diseases (국외 감염병 위험도 평가체계의 비교분석)

  • Choi, Eunmi;Woo, Darae;Choe, YoungJune;Yeh, Jungyong;Park, Sangshin
    • Health Policy and Management
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    • v.32 no.4
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    • pp.380-388
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    • 2022
  • Background: Emerging infectious diseases, such as Middle East respiratory syndrome or coronavirus disease 2019, pose a continuous threat to public health, making a risk assessment necessary for infectious disease control and prevention. Therefore, we aimed to investigate the risk assessment methods for infectious diseases used by major foreign countries and organizations. Methods: We conducted an investigation and comparative analysis of risk assessment and risk determination methods for infectious diseases. The risk assessment tools included the strategic toolkit for assessing risks, influenza risk assessment tool, pandemic severity assessment framework, and rapid risk assessment methodology. Results: The most frequently reported risk elements were disease severity, antiviral treatment, attack rate, population immunity, and basic productive ratio. The risk evaluation method was evaluated quantitatively and qualitatively by the stakeholders at each institution. Additionally, the final risk level was visualized in a matrix, framework, and x and y-axis. Conclusion: Considering the risk assessment tools, the risk element was classified based on the duplicate of each indicator, and risk evaluation and level of risk assessment were analyzed.

A Study on Fire Risk Analysis & Indexing of Buildings (건축물의 화재위험의 분석과 지수화에 관한 연구)

  • Chung, Eui-Soo;Yang, Kwang-Mo;Ha, Jeong-Ho;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.10 no.4
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    • pp.93-104
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    • 2008
  • A successful fire risk assessment is depends on identification of risk, the analytical process of potential risk, on estimation of likelihood and the width and depth of consequence. Take the influence on enterprise into consideration, Fire risk assessment could carry out along the evaluation of the risk importance, the risk level and the risk acceptance. A large part of the limitation of choosing the risk assessment techniques impose restrictions on expense and time. If it is unnecessary high level risk assessment or Probabilistic Risk Assessment of buildings, in compliance with the Relative Ranking Method, Fire risk indexing and assessing is possible. As working-level technique, AHP method is useful with practical technique.

Establishing the Method of Risk Assessment Analysis for Prevention of Marine Accidents Based on Human Factors: Application to Safe Evacuation System

  • Fukuchi, Nobuyoshi;Shinoda, Takeshi
    • Journal of Ship and Ocean Technology
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    • v.4 no.4
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    • pp.19-33
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    • 2000
  • For the prevention of marine accidents based on human factor, the risk assessment analysis procedure is proposed which consists of (1) the structural analysis of marine accident, (2) the estimation of incidence probability based on the Fault Tree analysis, (3) the prediction of ef-fectiveness to reduced the accident risk by suitable countermeasures in the specified functional system, and (4) the risk assessment by means of minimizing of the total cost expectation and the background risk. As a practical example, the risk assessment analysis for preventing is investigated using the proposed method.

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Risk of Material Misstatement in the Stage of Audit Planning: Empirical Evidence from Vietnamese Listed Enterprises

  • NGUYEN, Hoan;NGO, Thi Kieu Trang;LE, Thi Tam
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.3
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    • pp.137-148
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    • 2020
  • The purpose of this study is to investigate factors influencing risk assessment of material misstatement in Vietnamese enterprises listed on stock market. Expert interview method was conducted to discover the scales for three variables including information system, trademark, and risk assessment of material misstatement. Survey method was used to examine the impacts of eight factors on risk assessment of material misstatement. Data is collected from 317 auditors who have excellent experience in auditing financial statements of companies listed on stock market. Then, data is processed by descriptive statistics, reliability analysis, factor extracted analysis, correlative regression analysis, and analysis variance of residual change. The research findings showed that business characteristic, stakeholder pressure, and economic environment have positive relationships with risk assessment of material misstatement. Three variables including operation control and monitor, control environment, and information system negatively affect to risk assessment. Specially, business characteristic and information system, which are elements in internal control, have strongest impact on risk assessment. One the other hand, assessment of internal control plays an important role not only in the audit plan stage but also throughout the stages of the audit implementation and ending. Therefore, appropriate solutions are proposed to carry out all audit stages.

The Impact of BCMS Risk Assessment on Business Performance (BCMS의 위험평가가 경영성과에 미치는 영향)

  • Jang, Geun-Young;Kim, Deok-ho;Cheung, Chong-Soo
    • Journal of the Society of Disaster Information
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    • v.17 no.1
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    • pp.81-96
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    • 2021
  • Purpose: Based on the preceding studies in supply chain management, factors were analyzed to verify the effect of risk assessment and risk management factors of the business continuity management system (BCMS) on management performance. The purpose of this study is to establish a systematic risk management plan by deriving the risk factors of BCMS and evaluating unpredictable risks, and at the same time, contributing to a company's competitive advantage without interruption of work. Method: The structural relationship between risk assessment, risk management and management performance of BCMS was derived. To this end, a questionnaire survey was conducted of 124 managers and managers in Korean companies. Frequency analysis, validity analysis, reliability analysis, correlation analysis, and simple regression analysis were performed. Result: First, risk assessment had a positive (+) effect on risk management. Second, risk management had a positive (+) effect on management performance. Finally, risk assessment had a positive (+) effect on management performance. Conclusion: BCMS's risk assessment and risk management capabilities should be managed through financial performance, and risk management activities should be managed through non-financial performance.

An Objective method of risk assessment based on RAM analysis for warship (함정 분야의 RAM분석 기반 위험평가 방안)

  • Beak, Yong-Kawn;Kang, Byoung-Soo;Jo, Kwan-Jun
    • Journal of Korean Society for Quality Management
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    • v.43 no.4
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    • pp.511-520
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    • 2015
  • Purpose: This study suggests a method of risk assessment based on RAM analysis in order to reduce the subjectivity. Methods: RAM analysis is used to assessment risk consequence(RC) and risk likelihood(RL). Result: The calculated result of the product, which has higher risk assessment, shows lower MTBF system. Conclusion: Risk assessment based on objective database will provide objectivity and effective quality control.