• Title/Summary/Keyword: risk assessment model

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A Multi-Group Analysis of Risk Management Practices of Public and Private Commercial Banks

  • REHMAN, Khurram;KHAN, Hadi Hassan;SARWAR, Bilal;MUHAMMAD, Noor;AHMED, Wahab;REHMAN, Zia Ur
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.893-904
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    • 2020
  • The study examines the relationship between credit risk and operational risk (understanding of risk management, risk identification, risk assessment and control, and risk monitoring) on risk management practices followed by private and public sector commercial banks. The cross-sectional data method was used to check the impact of risk management practices. Data was collected from the bank employees and a total of 284 respondents were finally selected for further analysis. Measurement Invariance of Composite Models analysis is used to test the quality of the measurement model for sub-samples, and multi-group analysis is used for path analysis in sub-sample through PLS-SEM. The findings of the study as the total sample show that both types of banks are managing adequate and significant risk management practices. On the other hand, sub-groups' results show private sector banks are more momentous than public sector banks. Risk identification is significantly different at the sub-group level, which shows public sector banks are more concentrating on this type of risk. Understanding of risk management has no significant effect on both types of banks and risk assessment & control for public sector banks, and there is a difference in the risk management practices among private and public sector commercial banks.

FAULT-TREE-BASED RISK ASSESSMENT FOR DYNAMIC CONDITION CHANGES

  • Kang, Hyun-Gook;Jang, Seung-Cheol
    • Nuclear Engineering and Technology
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    • v.39 no.2
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    • pp.123-128
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    • 2007
  • In order to apply a static fault-tree (FT) method to a system or a plant whose configuration changes dynamically, condition gates and a post processing method are used to effectively accommodate these changes. An operator's performance change, which can be caused by these configuration changes, should also be considered to assess the risk to a plant in a more realistic manner. This study aims to develop an integrated framework to accommodate various configuration changes and their effect on an operator’s performance by using the FT model. We applied a condition-based human reliability assessment (CBHRA) method to consider various conditions endured by an operator. That is, we integrated the CBHRA method with the conventional post processing method for modeling the system configuration changes. The effect of the condition monitoring systems installed in a plant is also considered. In this study, we show an example application of the integrated framework to a probabilistic safety assessment for the shutdown phase of a nuclear power plant.

A Study on the Risk Assessment by Obstacles in Ship's Passage (선박 통항로 내 장해물에 따른 위험도 평가에 관한 연구)

  • Kim, Ni-Eun;Park, Young-Soo;Park, Sang-Won;Kim, So-Ra;Lee, Myoung-Ki
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.28 no.2
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    • pp.244-253
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    • 2022
  • Recently, installation projects of structures such as offshore wind farms have been increasing, and the installation of such marine obstacles could affect ships that pass nearby. Therefore, the purpose of this study was to quantitatively evaluate the risk posed to passing ships due to obstacles in their passage. Hence, parameters that affected the risk were selected, and scenarios were set based on the parameters. The scenarios were evaluated through the ES model, which is a risk assessment model, and we confirmed that the risk ratio increased as the size of the obstacle increased, the safe distance from the obstacle increased, the speed of ship decreased, and the traffic volume increased. Additionally, we found that when the traffic flow direction was designated, the risk ratio was lower than that of general traffic flow. In this study, we proposed a generalization model based on the results of the performed scenarios, applied it to the Dadaepo offshore wind farm, and demonstrated that the estimation of the approximate risk ratio was possible through the generalization model. Finally, we judged that the generalization model proposed in this study could be used as a preliminary reference for the installation of marine obstacles.

Dietary Risk Assessment of Snf7 dsRNA for Coccinella septempunctata

  • Jung, Young Jun;Seol, Min-A;Choi, Wonkyun;Lee, Jung Ro
    • Proceedings of the National Institute of Ecology of the Republic of Korea
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    • v.2 no.3
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    • pp.210-218
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    • 2021
  • Recently, pest-resistant living modified (LM) crops developed using RNA interference (RNAi) technology have been imported into South Korea. However, the potential adverse effects of unintentionally released RNAi-based LM crops on non-target species have not yet been reported. Coccinella septempunctata, which feeds on aphids, is an important natural enemy insect which can be exposed to the double-stranded RNA (dsRNA) produced by RNAi-based LM plants. To assess the risk of ingestion of Snf7 dsRNA by C. septempunctata, we first identified the species through morphological analysis of collected insects. A method for species identification at the gene level was developed using a specific C. septempunctata 12S rRNA. Furthermore, an experimental model was devised to assess the risk of Snf7 dsRNA ingestion in C. septempunctata. Snf7 dsRNA was mass-purified using an effective dsRNA synthesis method and its presence in C. septempunctata was confirmed after treatment with purified Snf7 dsRNA. Finally, the survival rate, development time, and dry weight of Snf7 dsRNA-treated C. septempunctata were compared with those of GFP and vATPase A dsRNA control treatments, and no risk was found. This study illustrates an effective Snf7 dsRNA synthesis method, as well as a high-concentration domestic insect risk assessment method which uses dsRNA to assess the risk of unintentional released of LM organisms against non-target species.

Evaluation of Dermal Absorption Rate of Pesticide Chlorpyrifos Using In Vitro Rat Dermal Tissue Model and Its Health Risk Assessment

  • Kim, Su-Heyun;Jang, Jae-Bum;Park, Kyung-Hun;Paik, Min-Kyoung;Jeong, Sang-Hee
    • Biomedical Science Letters
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    • v.22 no.4
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    • pp.140-149
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    • 2016
  • All pesticides must be assessed strictly whether safe or not when agricultural operators are exposed to the pesticides in farmland. A pesticide is commonly regarded as safe when estimated dermal absorption amount is lower than the acceptable operator's exposure level (AOEL). In this study, dermal absorption rate of chlorpyrifos, a widely used organophosphate insecticide, was investigated using rat dermal tissue model. Chlorpyrifos wettable powder solved in water (250, 500 and 2,500 ppm) was applied to freshly excised rat dermal slices ($341{\sim}413{\mu}m$ thickness) on static Franz diffusion cells at $32^{\circ}C$ for 6 hours. After exposure period of 6 hours, and then washing-at residual amount of chlorpyrifos was analyzed in dermal tissues, tape strips, washing solution, washing swabs of receptor bottles and receptor fluids at 1, 2, 4, 8 and 24 hours. Chlorpyrifos was only detected in dermal tissue but not found in receptor fluid at each concentration and time point, and the absorption rate of 250, 500 and 2,500 ppm was 2.36%, 1.96% and 1.69%, respectively. The estimated exposure level of chlorpyrifos was calculated as 0.012 mg/kg bw/day. The health risk for farmers in this condition is a level of concern because the estimated exposure level is 12 times higher than AOEL 0.001 mg/kg bw/day. However, actual health risk will be alleviated than estimated because absorbed chlorpyrifos is not permeated into internal body system and only retained in skin layer.

A Study on the Development of Analysis Model for Maritime Security Management (해상보안관리 분석모델 개발에 관한 연구)

  • Jeong, Woo-Lee
    • Journal of Navigation and Port Research
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    • v.36 no.1
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    • pp.9-14
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    • 2012
  • Maritime security incidents by pirates and by terrorists increase, but maritime incidents investigation models are limited to figure out the maritime security incidents. This paper provides the analysis model for maritime security incidents. To develop this analysis model, this categorizes five threat factors, the ship, the cargo type, port system, human factor, information flow system, makes the risk assessment matrix to quantify the risk related to threat factors and classifies four priority categories of risk assessment matrix. Also, this model makes from the frameworks which include a variety of security initiatives implementing in stakeholder levels like international organizations, individual governments, shipping companies, and the ship. Therefore, this paper develops the Analysis for Maritime Security Management model based on various security initiatives responding to the stakeholder levels of maritime security management and top-bottom/bottom-up decision trees, and shows the validity through verifying the real maritime security incident of M/V Petro Ranger.

A study on the vessel traffic safety assessment of Busan Harbor (부산항내 선박통항 안전성 평가에 관한 연구)

  • KIM, Won-Ouk;KIM, Dae-Hee;KIM, Seok-Jae
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.53 no.4
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    • pp.423-429
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    • 2017
  • As invigoration plan of the marine tourism, Busan City has the plan to operate the cruise ship inside of the harbor, but the area has narrow water way with heavy traffic. As a result it is requested to evaluate the safety for the preparation of actual navigation. In this study, the Ship Handling Simulation (SHS) Assessment was conducted, which is regulated by the Maritime Traffic Safety Audit Scheme (MTSAS) in compliance with the Marine Safety Law and the Maritime Traffic Risk Assessment System based on the Electronic Chart Display and Information System (ECDIS). The proximity assessment, control assessment and subjective assessment were implemented, which is enacted by the Marine Safety Law by using the SHS. In the case of proximity assessment, the probability of trespass was not analyzed. As the control assessment, the swept path was measured at 11.7 m and 11.5 m for port entry and port departure respectively, which exceeded the width of the model vessel, 10.4 m over; it was considered as a marginal factor. As a result of the subjective evaluation of the navigator, there would be no difficulty on ship maneuvering by paying particular attention to the mooring vessel nearby the Busan Bridge and Yeongdo Bridge as well as the coming vessel from the invisible sea area when the vessel is entering and departing the port. The Marine Traffic Risk Assessment System analyzed as [Cautious] level until the vessel passed the Busan bridge and the curved area at 5 kts and it became to [Dangerous] level from where it left 75 m to the Busan Bridge. When the vessel passed the Busan Bridge and the curved area at 10 kts and entered the narrow area, it indicated the [Dangerous] level and became to [Very dangerous] level from where it left 410 m to the Busan bridge. In conclusion, the vessel should maintain at the speed of 5 kts to reduce the risk when it passes this area.

Study on the Risk Assessment of Collision Accidents Between Island Bridge and Ship Using an Image Processing Method (영상처리기법을 활용한 연도교와 선박간의 충돌사고 위험성 평가에 관한 연구)

  • Da-Un Jang
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.28 no.7
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    • pp.1111-1119
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    • 2022
  • Tourism projects through islands in the waters of Sinan-gun became active, and as a result, a total of 13 marine bridges connecting islands were completed. However, the marine bridge constructed in the fairway is dangerous for traffic. Particularly, in the case of the marine bridge connecting two islands, the width of the fairway is extremely narrow, therefore the risk is higher. In this study, we evaluated the risk of collision between marine bridge piers and ships using the IALA Waterway Risk Assessment Program (IWRAP), a risk assessment model for port waterways, based on a maritime traffic survey on the coastal bridge in Sinan-gun. The results, indicated that No.1 Sinan bridge had the highest probability of collision and most of the transit ships were coastal passenger ships. In addition, No.1 Sinan bridge was the place where the most collision accidents occurred among the marine bridge piers in the target sea, and the cause this study was analyzed. An analysis of the satellite images of the sea environment of No.1 Sinan bridge using an image processing method, confirmed that obstacles that could not be seen in the chart existed nearby the bridge. As a result, traffic was observed to be concentrated in one direction, unlike two-way traffic, which is a method of inducing traffic of bridges to avoid obstacles. The risk cause analysis method using the image processing technique of this study is expected to be used as a basic research method for analyzing the risk factors of island bridge in the future.

A Study on Fire Protection of Chemical Plants Using FRA (Fire Risk Assessment) Method (FRA(Fire Risk Assessment)기법을 이용한 화학공장의 Fire Protection에 관한 연구)

  • Han, Seung-Hoon;Yoo, Byung-Tae;Tae, Chan-Ho;Chae, Chung Keun;Ko, Jae Wook
    • Journal of the Korean Institute of Gas
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    • v.20 no.5
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    • pp.17-26
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    • 2016
  • Chemical plants and oil gas refinery facilities are intrinsically vulnerable to industrial hazards, such as explosion or fire. Especially, the fire is extremely dangerous to facility structures and plant personnel because of direct flame, radiant heat and smoke. In addition, it has the ripple effect of destroying infra-structures and polluting the environment. In an effort to tackle these potential industrial risks, the procedure of FRA techniques in chemical plants were investigated. The main focus was put on the time variation of physical properties of the main building, i.e. control rooms, warehouses and electrical substations, from a direct flame contact and radiant heat. The deformation of a building due to fire was monitored and modeled with respect to time variable. A variety of case studies, domestic and abroad, was tested in the model to verify the FRA procedure. The developed model was proven to be highly effective to reduce the possible risks at chemical plants. An accurate accident frequency prediction and damage quantification was made by the developed model.