• Title/Summary/Keyword: risk degree

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A Framework for Identifying and Analyzing IT Project Risk Factors (IT프로젝트 위험 요인 식별 및 분석 프레임워크 연구)

  • Jangho Choi;Chanhee Kwak;Heeseok Lee
    • Information Systems Review
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    • v.19 no.4
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    • pp.87-110
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    • 2017
  • Analyzing and finding the risk factors in information technology (IT) projects have been discussed because risk management is an important issue in IT project management. This study obtained the risk factor checklists with priorities, analyzed the causal relationship of risk factors, and determined their influences on IT project management. However, only few studies systematically classified IT project risk factors in terms of risk exposure. These studies considered both the probability of occurrence and the degree of risk simultaneously. The present study determined 53 IT project risk factors on the basis of literature and expert group discussions. Additionally, this study presented clustering analysis based on the data of 140 project managers. The IT project risk factor classification framework was divided into four areas (HIHF, HILF, LIHF, and LILF). The present results can be used to help IT project managers establish effective risk management strategies and reduce IT project failures. This study also provides academic implication because it considers both the probability of occurrence and the degree of influence of risk factors.

Probability Prediction of Stability of Ship by Risk Based Approach (위험도 기반 접근법에 의한 선박 복원성의 확률 예측)

  • Long, Zhan-Jun;Jeong, Jae-Hun;Moon, Byung-Young
    • The KSFM Journal of Fluid Machinery
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    • v.16 no.2
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    • pp.42-47
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    • 2013
  • Ship stability prediction is very complex in reality. In this paper, risk based approach is applied to predict the probability of a certified ship, which is effected by the forces of sea especially the wave loading. Safety assessment and risk analysis process are also applied for the probabilistic prediction of ship stability. The survival probability of ships encountering with different waves at sea is calculated by the existed statistics data and risk based models. Finally, ship capsizing probability is calculated according to single degree of freedom(SDF) rolling differential equation and basin erosion theory of nonlinear dynamics. Calculation results show that the survival probabilities of ship excited by the forces of the seas, especially in the beam seas status, can be predicted by the risk based method.

A Study on the Research & Analysis of the Health and Safety Managing's Understanding on the Applied Construction Work Site Risk Assessment - Focus on Site Manager & Manager - (건설업 위험성평가 적용사업장 종사자 안전보건 인식도 조사 연구 -사업장책임자 및 관리감독자를 중심으로-)

  • Choi, Soo-Hwan;Kim, Chi-Kyung
    • Journal of the Korean Society of Safety
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    • v.27 no.4
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    • pp.62-67
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    • 2012
  • Risk Assessment, a basis of health and safety management system, is an calamity prevention activity which regularly measure the level of a risk to passively improve potential hazard. A problem, the assessment not being improved to be applied to the construction work site where requires diversity and complexity, causes the assessment to be inefficient to bring quality results. A study on the investigates and compares the surveyed degree of recognitions of workers who works in companies executing the risk assessment By the investigation and comparison, it is expected to bring the better solution for early and efficient application for those companies which are not taking the risk assessment.

OPTIMAL PARTIAL HEDGING USING COHERENT MEASURE OF RISK

  • Kim, Ju-Hong
    • Journal of applied mathematics & informatics
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    • v.29 no.3_4
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    • pp.987-1000
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    • 2011
  • We show how the dynamic optimization problem with the capital constraint can be reduced to the problem to find an optimal modified claim $\tilde{\psi}H$ where $\tilde{\psi}$ is a randomized test in the static problem. Coherent risk measure is used as risk measure in the $L^{\infty}$ random variable spaces. The paper is written in expository style to some degree. We use an average risk of measure(AVaR), which is a special coherent risk measure, to see how to hedge the modified claim in a complete market model.

A study on the Research & Analysis of the Health and safety Managing's Understanding on the Applied Construction work site Risk Assessment - Focus on Site manager & manager - (건설업 위험성평가 적용사업장 종사자 안전보건 인식도 조사 연구 -사업장책임자 및 관리감독자를 중심으로-)

  • Choe, Su-Hwan;Bae, Jun-Tae;Lee, Yeon-Su;Kim, Chi-Gyeong
    • Proceedings of the Safety Management and Science Conference
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    • 2012.04a
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    • pp.1-11
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    • 2012
  • Risk Assessment, a basis of health and safety management system, is an calamity prevention activity which regularly measure the level of a risk to passively improve potential hazard. A problem, the assessment not being improved to be applied to the construction work site where requires diversity and complexity, causes the assessment to be inefficient to bring quality results. A study on the investigates and compares the surveyed degree of recognitions of workers who works in companies executing the risk assessment By the investigation and comparison, it is expected to bring the better solution for early and efficient application for those companies which are not taking the risk assessment.

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Analysis of Influence of Monopoly Power on Optimal Export Level Using Genetic Algorithm (유전자 알고리즘을 이용한 수출기업 독점력이 최적수출생산량에 미치는 영향 분석)

  • Song, Jeong-Seok;Park, You-Jin
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.32 no.2
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    • pp.158-170
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    • 2009
  • This paper considers how the optimal export level is influenced by export risk, the degree of risk-averseness for exporting firms, and those firms' cost structure. In addition, export insurance is incorporated into some simple theoretical model to analyze the optimal export level. This paper applies genetic algorithm simulation to show that the exporting firms'risk-averseness do not affect the optimal export decision while export risk and cost function characteristic have relatively more significant effects on the optimal export level. Finally, our findings suggest that the most influential factor for the optimal export levels seems to be the monopoly power of exporting firms.

Data Analytics for Social Risk Forecasting and Assessment of New Technology (데이터 분석 기반 미래 신기술의 사회적 위험 예측과 위험성 평가)

  • Suh, Yongyoon
    • Journal of the Korean Society of Safety
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    • v.32 no.3
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    • pp.83-89
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    • 2017
  • A new technology has provided the nation, industry, society, and people with innovative and useful functions. National economy and society has been improved through this technology innovation. Despite the benefit of technology innovation, however, since technology society was sufficiently mature, the unintended side effect and negative impact of new technology on society and human beings has been highlighted. Thus, it is important to investigate a risk of new technology for the future society. Recently, the risks of the new technology are being suggested through a large amount of social data such as news articles and report contents. These data can be used as effective sources for quantitatively and systematically forecasting social risks of new technology. In this respect, this paper aims to propose a data-driven process for forecasting and assessing social risks of future new technology using the text mining, 4M(Man, Machine, Media, and Management) framework, and analytic hierarchy process (AHP). First, social risk factors are forecasted based on social risk keywords extracted by the text mining of documents containing social risk information of new technology. Second, the social risk keywords are classified into the 4M causes to identify the degree of risk causes. Finally, the AHP is applied to assess impact of social risk factors and 4M causes based on social risk keywords. The proposed approach is helpful for technology engineers, safety managers, and policy makers to consider social risks of new technology and their impact.

A Study on the Strategies for Risk Management and the Extension of Expertise Considering the Types of Risk (위험의 유형에 따른 위험관리의 전략과 전문성의 확장에 대한 연구)

  • Choi, Kyung-Hee;Song, Sung-Soo
    • Journal of Engineering Education Research
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    • v.13 no.4
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    • pp.70-76
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    • 2010
  • This paper tries the systematic approach to risk which is a major theme in engineering ethics utilizing science and technology studies. The types of risk can be classified as technical risk, methodological risk, epistemological risk by the degree of uncertainty. The strategies for risk management can be assorted to applied science strategy, professional consultancy strategy, post-normal science strategy. These types and strategies of risk request different kinds of expertise such as technocratic expertise, interactive expertise, democratic expertise. This paper can not only contribute to complement and extend engineering ethics education but also be linked with the goals of engineering education in general.

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The Effect of 12Weeks Complexed Lower Body Muscle-Strengthening Exercise Program on Fall Risk in Elderly women (여성노인에게 적용한 12주간 복합하지근력 운동프로그램이 낙상위험도에 미치는 영향)

  • Baek, Soon-Gi;Choi, Hye-Jung
    • Journal of Digital Convergence
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    • v.13 no.10
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    • pp.533-539
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    • 2015
  • The purpose of this study was to investigate the effects of 12weeks complexed lower body muscle-strengthening exercise program on fall risk in elderly women. Twenty subjects volunteered to participate who use a welfare center in W city For the study we divided into two groups: exercise group (EC, n=10, mean age:$69.6{\pm}2.2$), comparative group(CG, n=10, mean age:$71.3{\pm}4.6$). In order to investigate the effect of lower body muscle-strengthening program on the degree of risk of fall. It reached a conclusion as follows after having applied BBS (Berg Balance Scale) and OLST (One-Leg Stance Test) to examine the degree of risk of fall. As a result of changes in BBS and OLST, there were significant differences between EG and CG for each test(p<.00). Therefore, it confirmed that the application of complexed lower body muscle-strengthening program to the elderly who have a high risk of fall influences the risk of fall positively.

Evaluation of the efficacy of nutritional screening tools to predict malnutrition in the elderly at a geriatric care hospital

  • Baek, Myoung-Ha;Heo, Young-Ran
    • Nutrition Research and Practice
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    • v.9 no.6
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    • pp.637-643
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    • 2015
  • BACKGROUND/OBJECTIVES: Malnutrition in the elderly is a serious problem, prevalent in both hospitals and care homes. Due to the absence of a gold standard for malnutrition, herein we evaluate the efficacy of five nutritional screening tools developed or used for the elderly. SUBJECTS/METHODS: Elected medical records of 141 elderly patients (86 men and 55 women, aged $73.5{\pm}5.2years$) hospitalized at a geriatric care hospital were analyzed. Nutritional screening was performed using the following tools: Mini Nutrition Assessment (MNA), Mini Nutrition Assessment-Short Form (MNA-SF), Geriatric Nutritional Risk Index (GNRI), Malnutrition Universal Screening Tool (MUST) and Nutritional Risk Screening 2002 (NRS 2002). A combined index for malnutrition was also calculated as a reference tool. Each patient evaluated as malnourished to any degree or at risk of malnutrition according to at least four out of five of the aforementioned tools was categorized as malnourished in the combined index classification. RESULTS: According to the combined index, 44.0% of the patients were at risk of malnutrition to some degree. While the nutritional risk and/or malnutrition varied greatly depending on the tool applied, ranging from 36.2% (MUST) to 72.3% (MNA-SF). MUST showed good validity (sensitivity 80.6%, specificity 98.7%) and almost perfect agreement (k = 0.81) with the combined index. In contrast, MNA-SF showed poor validity (sensitivity 100%, specificity 49.4%) and only moderate agreement (k = 0.46) with the combined index. CONCLUSIONS: MNA-SF was found to overestimate the nutritional risk in the elderly. MUST appeared to be the most valid and useful screening tool to predict malnutrition in the elderly at a geriatric care hospital.