• Title/Summary/Keyword: risk measurement

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A Study on the Pilot Fatigue Measurement Methods for Fatigue Risk Management (피로위험관리를 위한 조종사 피로측정방법 고찰)

  • Kim, Daeho
    • Korean journal of aerospace and environmental medicine
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    • v.30 no.2
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    • pp.54-60
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    • 2020
  • Pilot fatigue is a great hazard to aviation safety. In recent years, long-distance fights have been increasing and flight hours have been increasing, which has made fatigue issues important. International organizations in the aviation sectors (ICAO, FAA, IATA etc.) recommend management of fatigue within the SMS (Safety Management System) framework. A scientific and systematic approach to measuring fatigue is required as a prerequisite to preparing safety management measures for pilot's fatigue. Therefore, in this study, I would like to consider recent trends and implications for fatigue measurement. First, I aimed to consider recent the accident cases related to fatigue. Second, I also considered how to measure the pilot's fatigue. Finally, the direction of the countermeasures against fatigue through fatigue measurement was developed and suggested.

Comparison Of Interval Estimation For Relative Risk Ratio With Rare Events

  • Kim, Yong Dai;Park, Jin-Kyung
    • Communications for Statistical Applications and Methods
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    • v.11 no.1
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    • pp.181-187
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    • 2004
  • One of objectives in epidemiologic studies is to detect the amount of change caused by a specific risk factor. Risk ratio is one of the most useful measurements in epidemiology. When we perform the inference for this measurement with rare events, the standard approach based on the normal approximation may fail, in particular when there are no disease cases observed. In this paper, we discuss and evaluate several existing methods for constructing a confidence interval of risk ratio through simulation when the disease of interest is a rare event. The results in this paper provide guidance with how to construct interval estimates for risk difference and risk ratio when there are no disease cases observed.

A Study on Performance Risk Measurement for the Defense R&D Program (국방연구개발사업 수행위험 측정방안 연구)

  • Choi, Myung-Jin;Na, Ho-Young;Lee, Sang-Heon
    • Journal of the Korea Institute of Military Science and Technology
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    • v.12 no.3
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    • pp.309-316
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    • 2009
  • The risk management is a method to identify and to handle risk factors. In this paper, we introduce a methodology that can be used to measure of system's performance risk by combining system's TPM(technical performance measures) in the R&D(research and development) program for defense acquisition. By applying the suggested procedure, we can monitor risk trends in R&D program by calculation of system's overall TPM and find out where management should target to reduce or remove the system's performance risk.

Liquidity and Skewness Risk in Stock Market: Does Measurement of Liquidity Matter?

  • CHEUATHONGHUA, Massaporn;WATTANATORN, Woraphon;NATHAPHAN, Sarayut
    • Journal of Distribution Science
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    • v.20 no.12
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    • pp.81-87
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    • 2022
  • Purpose: This study aims to explore the relationship between stock liquidity and skewness risk-tail risk (stock price crash risk) in an emerging market, in which problems on liquidity are more severe than in developed markets. Research design, data, and methodology: Based on the Thai market stock exchange over the period of 2000 to 2019, our sample include 13,462 firm-period observations. We employ a panel regression models regarding to five liquidity measures. These five liquidity measures cover three dimensions of liquidity namely the volume-based, price-based, and transaction cost-based measures for the liquidity-tail risk relationship. Results: We find a positively significant relationship between stock liquidity and tail risk in all cases. The finding here shows that the higher the stock liquidity, the larger the tail risk is. Conclusion: As the prior studies show inconclusive effect of stock liquidity on stock price crash risk, we demonstrate that mixed results found in prior studies are probably driven from the type of liquidity measure. The stock liquidity-tail risk association is present in the Stock Exchange of Thailand. The results remain the same regardless of the definition of tail risk and liquidity factors. An endogeneity issue is addressed by employing the two-stage least squares regression.

Whole-Body Vibration Exposure vis-à-vis Musculoskeletal Health Risk of Dumper Operators Compared to a Control Group in Coal Mines

  • Kumar, Vivekanand;Palei, Sanjay K.;Karmakar, Netai C.;Chaudhary, Dhanjee K.
    • Safety and Health at Work
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    • v.13 no.1
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    • pp.73-77
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    • 2022
  • Background: Whole-body vibration (WBV) exposure of coal mine dumper operators poses numerous health hazards. The case-control study was aimed at assessing the relative musculoskeletal health risk of dumper operators' exposure to WBV with reference to the nonexposed group. Methods: Measurements of WBV exposure were taken at the operator-seat interface using a human vibration analyzer for 110 dumper operators in three coal mines. This vibration measurement was supplemented by a questionnaire survey of 110 dumper operators exposed to WBV and an equal number of workers not exposed to WBV. The relative risk of musculoskeletal disorders (MSDs) has been assessed through the case-control study design. Results: ISO guidelines were used to compare the health risk. It was observed that the prevalence of pain in the lower back was 2.52 times more in the case group compared to the control group. The case group of Mine-2 was 2.0 times more prone to vibration hazards as compared to Mine-3. Conclusion: The case group is more vulnerable to MSDs than the control group. The on-site measurement as well as the response of the dumper operators during the questionnaire survey corroborates this finding.

The association between measurement sites of visceral adipose tissue and cardiovascular risk factors after caloric restriction in obese Korean women

  • Lee, Hye-Ok;Yim, Jung-Eun;Lee, Jeong-Sook;Kim, Young-Seol;Choue, Ryowon
    • Nutrition Research and Practice
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    • v.7 no.1
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    • pp.43-48
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    • 2013
  • Quantities as well as distributions of adipose tissue (AT) are significantly related to cardiovascular disease (CVD) risk factors and can be altered with caloric restriction. This study investigated which cross-sectional slice location of AT is most strongly correlated with changes in CVD risk factors after caloric restriction in obese Korean women. Thirty-three obese pre-menopausal Korean women ($32.4{\pm}8.5$ yrs, BMI $27.1{\pm}2.3\;kg/m^2$) participated in a 12 weeks caloric restriction program. Subcutaneous adipose tissue (SAT) and visceral adipose tissue (VAT) were measured using computed tomography (CT) scans at the sites of L2-L3, L3-L4, and L4-L5. Fasting serum levels of glucose, insulin, triglyceride, total cholesterol (TC), low density lipoprotein cholesterol (LDL-C), high density lipoprotein cholesterol (HDL-C), leptin and homeostasis model assessment-insulin resistance (HOMA-IR) were observed. Pearson's partial correlation coefficients were used to assess the relationship between AT measurement sites and changes in CVD risk factors after calorie restriction. When calories were reduced by 350 kcal/day for 12 weeks, body weight (-2.7%), body fat mass (-8.2%), and waist circumference (-5.8%) all decreased (P < 0.05). In addition, following caloric restriction, serum levels of glucose (-4.6%), TC (-6.2%), LDL-C (-5.3%), leptin (-17.6%) and HOMA-IR (-18.2%) decreased significantly (P < 0.05) as well. Changes in VAT at the level of L3-L4 were significantly greater than those at other abdominal sites, and these changes were correlated with changes in TC (P < 0.05), LDL-C (P < 0.001), SBP (P < 0.001) and HOMA-IR (P < 0.01). These results show that VAT at L3-L4 had a stronger correlation with CVD risk factors than with other AT measurement sites after caloric restriction.

The Vulnerability Analysis for Virtualization Environment Risk Model Management Systematization (가상화 환경 위험도 관리체계화를 위한 취약점 분석)

  • Park, Mi-Young;Seung, Hyen-Woo;Lim, Yang-Mi
    • Journal of Internet Computing and Services
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    • v.14 no.3
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    • pp.23-33
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    • 2013
  • Recently in the field of IT, cloud computing technology has been deployed rapidly in the current society because of its flexibility, efficiency and cost savings features. However, cloud computing system has a big problem of vulnerability in security. In order to solve the vulnerability of cloud computing systems security in this study, impact types of virtual machine about the vulnerability were determined and the priorities were determined according to the risk evaluation of virtual machine's vulnerability. For analyzing the vulnerability, risk measurement standards about the vulnerability were defined based on CVSS2.0, which is an open frame work; and the risk measurement was systematized by scoring for relevant vulnerabilities. Vulnerability risk standards are considered to suggest fundamental characteristics of vulnerability and to provide the degree of risks and consequently to be applicable to technical guides to minimize the vulnerability. Additionally, suggested risk standard of vulnerability is meaningful as the study content itself and could be used in technology policy project which is to be conducted in the future.

Prediction for the Lifetime Effective Dose and Radon Exposure Risk by using Dose Conversion Convention: Base on the Indoor Radon Concentration of Lecture Room in a University (선량 환산 관례를 이용한 생애유효선량 및 라돈피폭 위험도 예측: 대학 강의실 라돈농도 중심으로)

  • Lee, Jae-Seung;Kweon, Dae Cheol
    • Journal of Biomedical Engineering Research
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    • v.39 no.6
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    • pp.243-249
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    • 2018
  • The indoor radon concentration was measured in the lecture room of the university and the radon concentration was converted to the amount related to the radon exposure using the dose conversion convention and compared with the reference levels for the radon concentration control. The effect of indoor radon inhalation was evaluated by estimating the life effective dose and the risk of exposure. To measure the radon concentration, measurements were made with a radon meter and a dedicated analysis Capture Ver. 5.5 program in a university lecture room from January to February 2018. The radon concentration measurement was carried out for 5 consecutive hours for 24 hours after keeping the airtight condition for 12 hours before the measurement. Radon exposure risk was calculated using the radon dose and dose conversion factor. Indoor radon concentration, radon exposure risk, and annual effective dose were found within the 95% confidence interval as the minimum and maximum boundary ranges. The radon concentration in the lecture room was $43.1-79.1Bq/m^3$, and the maximum boundary range within the 95% confidence interval was $77.7Bq/m^3$. The annual effective dose was estimated to be 0.20-0.36 mSv/y (mean 0.28 mSv/y). The life-time effective dose was estimated to be 0.66-1.18 mSv (mean $0.93{\pm}0.08mSv$). Life effective doses were estimated to be 0.88-0.99 mSv and radon exposure risk was estimated to be 12.4 out of 10.9 per 100,000. Radon concentration was measured, dose effective dose was evaluated using dose conversion convention, and degree of health hazard by indoor radon exposure was evaluated by predicting radon exposure risk using nominal hazard coefficient. It was concluded that indoor living environment could be applied to other specific exposure situations.

The 3rd National Conference Of Professional engineers - On Geotechnical Structure Risk & Hazards (제3회 전국기술사대회 특집(토목시공) - 지반구조물 재해 및 위험분석 연구)

  • Yoon, Gil-Lim
    • Journal of the Korean Professional Engineers Association
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    • v.42 no.4
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    • pp.30-33
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    • 2009
  • Great concerns on geotechnical risk & hazard assessment have increased due to human and economic damage by natural disasters with recent global climate changes. In this paper, geotechnical problems in particular, landslide which is interested in European countries and North America, were mainly discussed. For these, 18 key topics on geotechnical risk and hazards which had been discussed at the LARAM 2008 workshop in Italy were analyzed after grouping by subjects. Main topic contents consisted of applications such as field measurement, early warning systems, uncertainty analysis of parameters using radar, optical data and statistical theory and so on.

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Simulation-Based Operational Risk Assessment (시뮬레이션 기법을 이용한 운영리스크 평가)

  • Hwang, Myung-Soo;Lee, Young-Jai
    • Journal of Information Technology Services
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    • v.4 no.1
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    • pp.129-139
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    • 2005
  • This paper proposes a framework of Operational Risk-based Business Continuity System(ORBCS), and develops protection system for operational risk through operational risk assessment and loss distribution approach based on risk management guideline announced in the basel II. In order to find out financial operational risk, business processes of domestic bank are assorted by seven event factors and eight business activities so that we can construct the system. After we find out KRI(Key Risk Indicator) index, tasks and risks, we calculated risk possibility and expected cost by analyzing quantitative data, questionnaire and qualitative approach for AHP model from the past events. Furthermore, we can assume unexpected cost loss by using loss distribution approach presented in the basel II. Each bank can also assume expected loss distributions of operational risk by seven event factors and eight business activities. In this research, we choose loss distribution approach so that we can calculate operational risk. In order to explain number of case happened, we choose poisson distribution, log-normal distribution for loss cost, and estimate model for Monte-Carlo simulation. Through this process which is measured by operational risk. of ABC bank, we find out that loss distribution approach explains closer unexpected cost directly compared than internal measurement approach, and makes less unexpected cost loss.