• Journal of the Korean Society of Systems Engineering
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• v.7 no.1
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• pp.43-51
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• 2011

SE generally defines approaching ways of conducting identification, verification and integration of an optimized product and process solution to meet customer's needs by leveraging organizational competency in engineering and management. To successfully develop a new product under mass production contract, it is important to efficiently carry out the program by ensuring that three major competencies are secured; core technology, system integration, and program management. For successful implementation of tasks in the three areas, systematic execution is called for, which requires identifying risk factors in advance. In particular, comprehensive risk management role and responsibility is required for program management. Success of a development program is determined by complex elements of human resources, organization culture, and overall competency of an organization in technology and program management, including capability of the program manager. In this paper, a risk management solution is suggested to lead a program to success with a more efficient way through actual risk management by the concept of SE around the above three areas.

• International Commerce and Information Review
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• v.9 no.4
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• pp.107-125
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• 2007

With the rapidly increasing of Korean enterprises, the importance of foreign exchange(FX) risk management for the future operation generated from FDI contract is becoming the critical problem of international business. This type of FX risk, called as "economic exposure risk", requires us of the unique risk management principles and techniques. In this paper, we identify the properties of economic exchange rate exposure, analyze the identification and measurement processes of risk sources and strength, and perform the estimation of the main determinants and its profile effects of the invoicing currency for the efficient management of economic FX exposure.

• 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.

• Environmental Engineering Research
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• v.18 no.4
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• pp.241-246
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• 2013

For effective and efficient environmental management, developed countries, such as the Netherlands, UK, Australia, Canada, and United States apply ecological risk assessment, and they have an autonomous risk assessment methodology to protect native receptors. In this study, soil ecological protective concentration (EPC) of cadmium in Korea was derived using Korean ecological risk assessment methodology. The soil EPC of cadmium was calculated using probabilistic ecological risk assessment based on species sensitivity distribution. The soil EPC was calculated according to land use for residential/agricultural and industrial/commercial purposes. The chronic soil EPCs for residential/agricultural and industrial/commercial lands were derived to be 1.58 and 9.60 mg/kg, respectively. These values were similar to soil EPC of European Commission, the Netherlands, UK, and Canada. However, these values were lower than the established Korean soil standard, because the current soil standard was based on human risk. Therefore, the impact on an ecosystem when establishing environmental standard should be considered.

• Information Systems Review
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• v.4 no.2
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• pp.361-376
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• 2002

This paper proposes a framework for integrated credit risk management system in domestic bank financial institutions. Credit evaluation system, loan processing system, credit monitoring system, and credit risk management system are integrated for efficient and effective risk-adjusted performance management in this framework. Risk exposures, not only for each credit, but also for bank's whole credit portfolio need to be measured and analyzed through the concept of Value-at-Risk (VaR). The effects of changes in credit ratings of individual loaners on bank's credit risk exposure are also considered. We tried to model this integrated credit risk management system by using object-oriented modeling language, UML.

• Journal of the East Asian Society of Dietary Life
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• v.17 no.6
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• pp.919-925
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• 2007

The purpose of this study was to investigate the influence of customers' perceived risks on their perception of value at family restaurants in Seoul. Frequency analysis, reliability analysis, factor analysis, multiple-regression analysis were employed to analyze the data. The customers' perceived risk were divided into 6 factors. Three of the perceived risk factors(financial, time, performance risk) negatively(-) influenced the perception of value. In particular, 'financial risk' was the most negative. However, 3 factors(physical risk, psychological risk, social risk) didn't have significant influence on perceived risk. As a result, customers of family restaurants appear to perceive various risks, and these risks have significant impacts on their perception of value. Therefore, food-service corporations need to reduce customers' perceived risks, possibly by various and efficient pricing-policies, discount, price-bundling, using coupon, effective physical evidence and offering unique compensation.

• Fire Science and Engineering
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• v.19 no.1 s.57
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• pp.20-28
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• 2005

Major petrochemical companies in the USA and the EU map out the strategies step-by-step hazard evaluation for the efficient risk management. They adopted the risk screening methods, such as Dow fire & explosion index, as a preliminary phase to execute detailed evaluation such as QRA (Quantitative Risk Assessment). In this study, The FEDI (Fire & Explosion Damage Index), which a kind of risk screening method proposed by Khan and Abbasi, was applied to the BTX plant in Korea. We showed that the FEDI can be effectively used to classify the hazard potential by comparison of the result from the FEDI and the result from QRA. And we showed that the characteristics and the quantities of chemical are the factors which have a largest effect on fire and explosion by executing relative sensitivity analysis of the FEDI. In conclusion, if the FEDI was applied as a preliminary phase of HAZOP, more efficient hazard evaluation can be possible.

• Journal of the Society of Disaster Information
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• v.18 no.4
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• pp.828-838
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• 2022

Purpose: Through the establishment of a computerized system of risk assessment, the purpose is to analyze the case of whether the co-workers who are subject to the risk assessment at the construction site can easily fill it out and expect disaster reduction through efficient risk assessment activities. Method: By providing the risk factors and safety measures for the work by selecting the type of work, the risk estimation and the establishment of countermeasures can be made, and a system has been established to enable practical disaster prevention activities by presenting disaster cases for the work. Result: Through the analysis of the change in the scaled disaster rate for the years following the on-site application after the establishment of the risk assessment computer system of H Construction Company, it was confirmed that the scaled disaster rate of the domestic construction industry increased, while the conversion disaster rate of H Construction Company decreased. Conclusion: Through the computational systemization of risk assessments, workers in the field can easily access the risk assessment, evaluate the risk factors of the process and establish risk prevention measures, and it has been analyzed that there is an impact on the reduction of the disaster rate during the operational analysis period.

• Journal of the Korean Society of Safety
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• v.27 no.2
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• pp.92-97
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• 2012

Risk management is the process that helps to identify hazards, analyze them, and then to create an action plan to avoid and mitigate these hazards. The main objective of risk management in product development and manufacturing is to provide safe and efficient products without spending too many resources. Medical device manufacturers also face enormous risks - regulatory, legal, and financial - based on their products and processes, and the concepts of risk management are particularly important because any single failure may result in serious damages to body or loss of life. In this regard, a set of guidelines for the application of risk management to medical devices has been issued by ISO and specified in the document ISO 14971 Medical devices - Application of risk management to medical devices. The main objective of this study is to investigate the application of risk management to dental implant development and manufacturing processes based on ISO 14971. A general risk management process is first introduced, and the application of ISO 14971 to dental implants is further investigated.

• Journal of Korean Society of Occupational and Environmental Hygiene
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• v.15 no.2
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• pp.83-89
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• 2005

This study aims to compare a self-reported and expert-observed method on ergonomic risk factors of Work-related Musculoskeletal Disorders (WMSDs). The checklist was developed based on the results of previous studies, and the symptoms of WMSDs were obtained using a self-reported questionnaire from 1,029 shipyard workers. The risk factors were assessed through the self-report by workers and video analysis by ergonomists. The symptom prevalence at the low back (59.2%), shoulders (50.8 %), and knees (49.7%) were relatively higher than those at other body parts. Odds ratios (ORs) by body parts were 2.48 to 2.90 for the risk job, and the ORs were significantly different from those of the low risk job. The risk factor scores by body parts between workers and ergonomist were very high correlation(r=0.82 to 0.92). The rates of self-report from risk job were 54.0% (elbow and arm) to 72.1 % (low back), but sometimes overestimated(105.7 to 122.6%) than those by ergonomists. The checklist, developed in this study, will be an efficient tool for the evaluation of risk jobs using self-report by workers.