• Title/Summary/Keyword: risk evaluation criteria

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Determining the Number of Risk Level Using Real-time Sensitivities in the Probabilistic Maritime Risk Evaluation (확률기반 해상위기평가에서 실시간 민감도를 이용한 위기수준의 단계 구분 수 결정에 관한 연구)

  • Gang, Sang-Guen
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.20 no.6
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    • pp.685-691
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    • 2014
  • The result of probabilistic maritime risk evaluation is represented by the probability(P=0.0~1.0) These results are shown by an index using Risk Acceptance Criteria(RAC) to base the evaluation generally to know the risk level easily. Current RAC is divided into 3 steps, 5 steps, 7 steps, etc. Despite need to evaluate whether the number of RAC for risk evaluation is reasonable, there is not a related research yet. In this study, It was proposed the evaluation method to determine the optimum index number of RAC using the Sensitivity distribution characteristics and the Sensitivity by the index number of RAC. As application result from the proposed method for probabilistic risk evaluation data obtained from the prior studies, It could be determined the optimum index number of RAC by Sensitivity below 10 times and confirmed that the proposed method is reasonable by this study.

Case Study : Application of Specific Evaluation Criteria For Safety Circuit Design of EN ISO 13849-1 (사례 연구 : EN ISO 13849-1의 안전회로 설계를 위한 구체적 평가 기준의 적용)

  • Jung, Hwansuk;Lee, Dongju
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.1
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    • pp.94-101
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    • 2018
  • With the development of industrial technology and science, production and manufacturing facilities have been enhanced and improved, and the importance of the safety of workers has also been regulated and limited by various safety management methods. As a way to secure the safety of the workers from the production facility, the fail-safe and fool-proof methods are now being applied. Any possible insecure behavior and unsafe conditions can be removed by adopting the standards and specifications that are now secure the safety of workers and equipment. This research analyzes EN ISO 13849-1 international and European standards during CE certification. In order to secure acceptable reduced risks, the risk assessment process of ISO 12100 and the processes for reducing its risk are applied. In the current ISO 13849-1 standard, the criteria for the required performance level PLr (Required Performance Level) for the applicable risk and safety functions through the risk assessment are subjective and not subdivided. Therefore, the evaluation criteria are likely to cause judge's judgement error due to qualitative judgement. This research focuses on evaluation and acceptable performance level setting for the safety circuit of the equipment. We propose an objective and specific evaluation criteria to secure safety, and the proposed evaluation criteria are applied to the case study of the safety circuit for the equipment. In order to secure the safety of the entire safety circuit, the improvement of the MTTFd and DC level related to the SRP/CS (Safety-Related Parts of Control Systems)' lifetime is required for the future research.

The Impact of IT Project Size and Types on IT Investment Decision Criteria (IT프로젝트 규모와 유형에 따른 IT투자 의사결정기준의 차이)

  • Lee Kukhie
    • Journal of Information Technology Applications and Management
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    • v.12 no.1
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    • pp.191-211
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    • 2005
  • This study investigates the decision criteria used in the context of IT investment decision making and empirically analyzes the impact of IT project size and types on the importance of decision criteria. 5 criteria which have been extracted from the previous studies and industry practices are budget, financial benefits. strategic value. risk, and the degree of proposer's eagerness. Data of 120 IT project proposals have been collected from 5 companies including bank, insurance. and stock trading company. As results of ANOVA test. 7 out of 10 hypothesis have been accepted statistically. That is. the bigger the project size. the higher the evaluation weight of project budget and risk criteria and the lower the weight of proposer's eagerness. And in case of the infrastructure investment type. the emphasis is placed more on strategic value and risk criteria and less on financial benefit and proposer's eagerness. These findings provide insights for both IT practitioners and researchers.

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AN INTEGRATED APPROACH TO RISK-BASED POST-CLOSURE SAFETY EVALUATION OF COMPLEX RADIATION EXPOSURE SITUATIONS IN RADIOACTIVE WASTE DISPOSAL

  • Seo, Eun-Jin;Jeong, Chan-Woo;Sato, Seichi
    • Journal of Radiation Protection and Research
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    • v.35 no.1
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    • pp.6-11
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    • 2010
  • Embodying the safety of radioactive waste disposal requires the relevant safety criteria and the corresponding stylized methods to demonstrate its compliance with the criteria. This paper proposes a conceptual model of risk-based safety evaluation for integrating complex potential radiation exposure situations in radioactive waste disposal. For demonstrating compliance with a risk constraint, the approach deals with important exposure scenarios from the viewpoint of the receptor to estimate the resulting risk. For respective exposure situations, it considers the occurrence probabilities of the relevant exposure scenarios as their probability of giving rise to doses to estimate the total risk to a representative person by aggregating the respective risks. In this model, an exposure scenario is simply constructed with three components:radionuclide release, radionuclide migration and environment contamination, and interaction between the contaminated media and the receptor. A set of exposure scenarios and the representative person are established from reasonable combinations of the components, based on a balance of their occurrence probabilities and the consequences. In addition, the probability of an exposure scenario is estimated on the assumption that the initiating external factors influence release mechanisms and transport pathways, and its effect on the interaction between the environment and the receptor may be covered in terms of the representative person. This integrated approach enables a systematic risk assessment for complex exposure situations of radioactive waste disposal and facilitates the evaluation of compliance with risk constraints.

Probability Based Risk Evaluation Techniques for the Small-Sized Sea Floater (소형 해상 부유체의 확률 기반 위기평가기법)

  • Yim, Jeong-Bin
    • Journal of Navigation and Port Research
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    • v.36 no.10
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    • pp.795-801
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    • 2012
  • This paper describes theoretical approach methodology for the Probability based risk Evaluation Techniques (PET) to monitor the risk levels of small-sized sea floater as like a yacht pier. The risk decision-making process by risk criteria with five-step scales is the core concepts of PET. These five-step scales are calculated from cumulative probability distribution of response functions for the sea floater motions using closed-form expressions. In addition, The risk decision-making process of PET with the risk criteria is proposed in this work. To verify the usability of PET, simulation experiments are carried out using mimic signals with the electrical specifications of ADIS16405 sensor that is to be use as measurement tool for the floater motions. As results from experiments, the risk evaluation error by PET shows 0.38 levels in maximum 5.0 levels. These results clearly shown that the proposed PET can be use as the monitoring techniques.

A Study of Optimal Operation Policy using Risk Evaluation Criteria(II) (for the Han River Reservoirs System) (위험도 평가기준을 적용한 저수지 최적운영방안 연구(II) (한강수계 저수지군을 중심으로))

  • Park, Myeong-Gi;Kim, Jae-Han;Jeong, Gwan-Su
    • Journal of Korea Water Resources Association
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    • v.35 no.1
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    • pp.51-64
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    • 2002
  • In this study, the formulation of the developed mixed-integer programming model for a multi-reservoir system including hydro-electric power generation (park et al., 2001) has been improved for multiple reservoir system operation using risk evaluation criteria. Sequential linear programming(SLP) was applied for the linearization of the hydro-electric energy term in the model. In order to allocate monthly reservoir release reasonably the value of weight for hydro-electric energy was assigned by level of power generation hour. The improved model was applied to the five reservoirs system in the Han river. And could be confirmed the availibility of new formulation appling risk evaluation criteria.

Evaluation of Japan's Official Development Assistance (ODA) Projects on Flood Risk Management in Thailand

  • Jung, Minjung;Lee, Seungho
    • Proceedings of the Korea Water Resources Association Conference
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    • 2022.05a
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    • pp.210-210
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    • 2022
  • This study evaluates Japan's Official Development Assistance (ODA) projects in Thailand from 2011 to 2013 by deploying the Sendai Framework for Disaster Risk Reduction (SFDRR) and the Organization for Economic Cooperation Development (OECD) evaluation criteria. Special attention is placed on disaster-related development assistance activities of Japan through reviewing long-term impacts of the projects. The Japan International Cooperation Agency (JICA) has played a crucial role in transferring Japan's experiences on disaster risk management to developing countries, including Thailand. The study highlights two flood risk management projects in Thailand with the support of JICA after the 2011 floods, namely the Project for the Comprehensive Flood Management Plan for the Chao Phraya River Basin and the Project for Flood Countermeasures for Thailand Agriculture Sector. The case studies demonstrate that the projects were efficiently and effectively conducted for meeting Thailand's needs and requirements. JICA provided multi-hazards risk analysis through scientific data as well as local knowledge. However, achievements of the project did not last for long because of a lack of Thai stakeholders' commitment and JICA's post-project management. It is concluded that a development agency should consider impacts and sustainability of flood risk management projects more carefully from the stage of planning, and the practical application of the knowledge, and technologies should also be monitored progressively after the completion of the project.

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Establishing the Importance Weight Model of IT Investment Evaluation Criteria through AHP Analysis (AHP 기법을 적용한 IT프로젝트 사전타당성 평가항목의 가중치 산출)

  • Kwon, Min-Young;Koo, Bon-Jae;Lee, Kuk-Hie
    • Information Systems Review
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    • v.8 no.1
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    • pp.265-285
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    • 2006
  • The purpose of this research is to identify the major evaluation criteria of IT investment projects and establish the importance weights of criteria through AHP analysis. Seven evaluation criteria which have been drawn from prior studies and industry practices are direct costs, indirect costs, financial benefits, strategic value, risk, technical necessity, and political considerations. Data have been collected from 95 IT projects in 40 public organizations and private firms in Korea. After having applied the data reliability test, 79 projects have been selected. The results of AHP analysis show the importance weights and priorities of seven evaluation criteria as follows: financial benefits 25.2%, strategic value 22.36%, direct costs 14.34%, risk 12.10%, technical necessity 11.55%, political considerations 8.3%, and indirect costs 6.48%. And the weights of seven criteria shows considerable differences among three different IT project types such as transactional, informational, and infrastructural.

Fall Risk Assessment (FRA) of Korean community-dwelling elderly (지역 재가 노인의 낙상위험평가)

  • Shin, Sohee;Sato, Susumu
    • 한국노년학
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    • v.39 no.4
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    • pp.895-902
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    • 2019
  • This study reviewed the diagnosis accuracy and evaluation criteria of the fall risk assessment questionnaire that proved validity through factor analysis in previous studies. The purpose of this study was to diagnose high-risk groups and propose personal fall risk profiles for the Korean community-dwelling elderly. The participants of this study were 439 elderly people living in S, U, B, and Y cities Korea (mean age 75.0 ± 5.7 years). Receiver operating characteristic analysis was conducted to review the accuracy of the fall risk assessment and evaluation criteria of the FRA. The results showed that the four sub-factors of the FRA: 'Potential for fall', 'Disease and physical symptoms', 'Environment' and 'Physical function', can effectively diagnose the fall risk of the community-dwelling elderly. The evaluation criteria was presented based on the sensitivity and specificity results. In addition, as a result of analyzing the patterns by the sub factors of the fall risk, the high-risk group accounted for 80% of the elderly who had problems with two or more factors. Therefore, the four sub-factors of FRA can effectively diagnose the fall risk level, and could be present individual fall risk profiles based on the evaluation criteria.

A Study on the Evaluation of Commercial Softwares for Bank Risk Management by AHP (AHP 기법에 의한 금융위험관리 소프트웨어 평가에 관한 연구)

  • 최희성;황규승
    • Journal of the Korean Operations Research and Management Science Society
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    • v.16 no.2
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    • pp.51-51
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    • 1991
  • Recently financial institutions in Korea are experiencing an unfamiliar challenge in terms of their operational risk management due to the volatility of global financial market and the incessant development of new financial products. In this paper, we present an AHP(Analytic Hierarchy Process) model to evaluate the effectiveness of commercial softwares for risk management in banking. The AHP model considers software's performance. utility, serviceability and durability as major evaluation criteria. The weight of each criterion is generated by the questionnaire survey given to practitioners in risk management in domestic commercial banks.