• Title/Summary/Keyword: risk process

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A Process of the Risk Management for a Space Launch Vehicle R&D Project (우주발사체 개발사업의 위험관리 프로세스)

  • Cho, Dong Hyun;Yoo, Il Sang
    • Journal of the Korean Society of Systems Engineering
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    • v.12 no.2
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    • pp.19-27
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    • 2016
  • Many countries concentrated on the space developments to enhance the national security and the people's quality of life. A space launch vehicle for accessing the space is a typical large complex system that is composed of the high-technology like high-performance, high-reliability, superhigh-pressure, etc. The project developing large complex system like space launcher is mostly conducted in the uncertain environment. To achieve a goal of the project, its success probability should be enhanced consistently by reducing its uncertainty during the life cycle: it's possible to reduce the project's uncertainty by performing the risk management (RM) that is a method for identifying and tracing potential risk factors in order to eliminate the risks of the project. In this paper, we introduce the risk management (RM) process applied for a Space Launch Vehicle R&D Project.

Safety Management Information System in Bridges Construction Work (교량 건설공사의 안전관리정보시스템 개발)

  • Park, Jong-Keun
    • Journal of the Korean Society of Safety
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    • v.26 no.5
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    • pp.73-80
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    • 2011
  • There are insufficient models that find problems and solutions for accident prevention through risk assessment and suggest safe work process and work instruction from foundation works to finish work for accident decrease. This paper presents a quantitative risk assessment model by analysis of risk factors in each process such as foundation, erection, pier, pier upper and etc based on accident examples and investigation on actual condition in bridges construction work. In addition, the safety management system was developed to perform risk assessment of construction and use it for effective safety training for labor.

Safety Management Information System in Plants Construction Work (플랜트 건설공사의 안전관리 정보시스템 개발)

  • Park, Jong-Keun
    • Journal of the Korea Safety Management & Science
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    • v.14 no.4
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    • pp.23-29
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    • 2012
  • There are insufficient models that find problems and solutions for accident prevention through risk assessment and suggest safe work process and work instruction from foundation works to finish work for accident decrease. This paper presents a quantitative risk assessment model by analysis of risk factors in each process such as appurtenant works, temporary works, structural works, equipment work, finishing work and etc based on accident examples and investigation on actual condition in plants construction work. In addition, the safety management system was developed to perform risk assessment of plants construction and use it for effective safety training for labor.

Process Redesign Through Dynamic Modeling (동적 모델링을 통한 업무 재설계)

  • 김희웅;김영걸
    • Journal of the Korean Operations Research and Management Science Society
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    • v.22 no.3
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    • pp.175-190
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    • 1997
  • Organizational change projects such as Business Process Redisign (BPR) have been perceived to incur high risk due to their high management complexity, enterprise-wide impace, and steep project cost. This research intends to reduce such risk by developing a systematic process redesign methods, called Dynamic Process Modeling (DPM) method. DPM integrates the customer-oriented business process modeling technique with computerized visual simulation technique to promote better understanding of the target process and enable performance simulation of the proposed redesign alternatives prior to actual BPR implementations. For the cusstomer-oriented process modeling, we propose Dynamic-Event Process Chain (Dynamic-EPC) extending from the conceptual customer process model, Event-Process Chain (EPC). We compare DPM with four other implementation-level process modeling methods over eight criteria and demonstrate its effectiveness by applying it to the real-world hospital BPR case.

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Development of Cost Estimation Model Considering Process Risk for Asbestos Dismantling Work (석면해체 공사의 공정 리스크를 고려한 비용 산정 모델 개발 )

  • Noh, Jae-Yun;Lee, Su-Min;Han, Seung-woo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.11a
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    • pp.49-50
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    • 2023
  • Asbestos is a building material that has been actively used because of its excellent durability and heat resistance until 2009, when it was found to be a first-class carcinogen and prohibited in Korea. Currently, asbestos dismantling is an essential process in demolition of old buildings. Workers are likely to be exposed to asbestos in the process of dismantling and removing them, which causes various occupational diseases, suggesting related laws and work standards to ensure the safety of asbestos dismantling process. Accordingly, prior studies have been conducted to analyze the level of asbestos exposure and influencing factors occurring during work, but most of them are mainly concerning health issue while research on process risks considering field characteristics and safety aspects of the work processes is still insufficient. Therefore, this study aims to derive the process risks affecting the safety of workers based on the survey results of asbestos dismantling companies, and further proposed a cost calculation model taking those risks into account.

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Dilution of Precision (DOP) Based Landmark Exclusion Method for Evaluating Integrity Risk of LiDAR-based Navigation Systems

  • Choi, Pil Hun;Lee, Jinsil;Lee, Jiyun
    • Journal of Positioning, Navigation, and Timing
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    • v.9 no.3
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    • pp.285-292
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    • 2020
  • This paper introduces a new computational efficient Dilution of Precision (DOP)-based landmark exclusion method while ensuring the safety of the LiDAR-based navigation system that uses an innovation-based Nearest-Neighbor (NN) Data Association (DA) process. The NN DA process finds a correct landmark association hypothesis among all potential landmark permutations using Kalman filter innovation vectors. This makes the computational load increases exponentially as the number of landmarks increases. In this paper, we thus exclude landmarks by introducing DOP that quantifies the geometric distribution of landmarks as a way to minimize the loss of integrity performance that can occur by reducing landmarks. The number of landmarks to be excluded is set as the maximum number that can satisfy the integrity risk requirement. For the verification of the method, we developed a simulator that can analyze integrity risk according to the landmark number and its geometric distribution. Based on the simulation, we analyzed the relationship between DOP and integrity risk of the DA process by excluding each landmark. The results showed a tendency to minimize the loss of integrity performance when excluding landmarks with poor DOP. The developed method opens the possibility of assuring the safety risk of the Lidar-based navigation system in real-time applications by reducing a substantial amount of computational load.

Analysis of Schedule Risk using PROMETHEE (PROMETHEE 기법을 활용한 공정리스크 중요도 분석)

  • Lee, Jang-Young;Yoon, Yoo-Sang;Jang, Myung-Hoon;Suh, Sang-Wook
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.353-357
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    • 2008
  • The building construction projects include a variety of risk factors due to uncertainties. To succeed in the projects, it is important how risks are managed. Risk management processes identification, analysis and response. Especially, the analysis process is important to objectively identify importance and priority among risk factors. The purpose of this study is to develop the effective analysis process by studying and supplement the problem of the AHP analysis method. The study provides a analysis process to use the PROMETHEE analysis method proposed.

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A Study on the Risk based RAMS Assessment for Railway Rolling Stock Systems (철도차량시스템의 위험기반 RAMS 평가에 관한 연구)

  • Park, Mun-Gyu;Han, Seong-Ho
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.64 no.4
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    • pp.220-230
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    • 2015
  • Rolling stock RAMS is a field of engineering which integrates reliability, availability, maintainability and safety (RAMS) characteristics into an inherent product design property through rolling stock system engineering process. It is implemented to achieve operational objectives successfully, and recently the RAMS has become a rapidly growing engineering discipline because it has a great potential to ensure safety and improve cost effectiveness. However, the Korean rolling stock industry has not yet implemented RAMS management in the rolling stock engineering process, despite the issue having been addressed since the introduction of the KTX. Thus, this paper discusses the processes, methods and techniques for RAMS assessment in three parts. Firstly, it outlines a process of the overall RAMS performance assessment for achieving technical RAMS design criteria. Secondly, it discusses a process for assessing the operational RAM and allocating the RAM. This paper also proposes a model for assessing safety-based risk management, which includes five analytic techniques for identifying the causes and consequences of a system failure. Finally, a case example is provided for the risk assessment of the pneumatic braking device.

A Study for Process Improvement by State Analysis of Risk Items (위험요소의 상태분석에 의한 프로세스 개선에 관한 연구)

  • Lee, Eun-Ser
    • The KIPS Transactions:PartD
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    • v.15D no.4
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    • pp.523-530
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    • 2008
  • There are many defects that cause the process improvement of lifecycle problems during software development. This paper propose the management method of risk items that removes and manages the lifecycle problems as well. For the similar projects, we can estimate defects and prepare to solve them by using domain expert knowledge and the state analysis of defect items, which can greatly improve the software process. This research provides solution of management of risk items problem and detection of defect transition and its prevention and causes that happen on software development. Also, In this paper propose to making quantity of degree and transition phase.

Application to the Stochastic Modelling of Risk Measurement in Bunker Price and Foreign Exchange Rate on the Maritime Industry (확률변동성 모형을 적용한 해운산업의 벙커가격과 환율 리스크 추정)

  • Kim, Hyunsok
    • Journal of Korea Port Economic Association
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    • v.34 no.1
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    • pp.99-110
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    • 2018
  • This study empirically examines simple methodology to quantify the risk resulted from the uncertainty of bunker price and foreign exchange rate, which cause main resources of the cost in shipping industry during the periods between $1^{st}$ of January 2010 and $31^{st}$ of January 2018. To shed light on the risk measurement in cash flows we tested GBM(Geometric Brownian Motion) frameworks such as the model with conditional heteroskedasticity and jump diffusion process. The main contribution based on empirical results are summarized as following three: first, the risk analysis, which is dependent on a single variable such as freight yield, is extended to analyze the effects of multiple factors such as bunker price and exchange rate return volatility. Second, at the individual firm level, the need for risk management in bunker price and exchange rate is presented as cash flow. Finally, based on the scale of the risk presented by the analysis results, the shipping companies are required that there is a need to consider what is appropriate as a means of risk management.