As the complexity and uncertainty of international construction projects increase, the importance of risk management capabilities in the construction industry has become more pronounced. Accordingly, Enterprise Risk Management (ERM) has become a widely adopted approach among organizations as a new way for more effective risk management. Despite its growing application, research related to ERM is still in its infancy, and most of the existing studies have been limited to financial industries. Therefore, this study aims to empirically examine the influence of ERM’s core elements on project risk management (PRM) and project performance within construction firms. Our findings indicate that the key ERM components—organization, policy, and culture—significantly enhance PRM processes, underscoring their critical role and importance. Additionally, effective PRM positively affects project outcomes, highlighting its significance for construction companies engaged in international projects. While ERM does not directly impact project performance, it indirectly improves outcomes through enhanced PRM capabilities. It suggests that ERM will contribute to the firm’s performance by improving the firm’s PRM capability through policies and a risk-focused culture corresponding to the adopted ERM organization and system..
Under increased complexity and uncertainty of overseas construction projects, it is important for construction companies to improve their own project risk management capabilities instead of risk-taking strategies to secure competitiveness in the overseas construction market. Although most of the risks occur in project execution stage, many previous studies focused on planning stage including risk identification and analysis among PRM process. Therefore, this study aims to verify the effectiveness of whole PRM process during project execution stage through empirical study on participants of overseas construction projects. As the result it was found that first, the factor directly affects the project success is the execution process of PRM. It implies that appropriate actions such as appointing charged manager for risks, timely implementation of responding plan, continuous risk monitoring and updating established plan are the key for contribution to the project success. Second, the importance of communication in PRM is also found, which is not conducted at a specific but throughout the entire PRM process and need to be managed as essential factor for successful PRM..
Military aircraft R&D projects require large-scale investment in cost and time, and involve a complex coordination process in decision-making. The R&D project manager should determine the development management priorities as accurately as possible and focus on R&D capabilities, thereby reducing the risks of the aircraft R&D project. To this end, this study aims to reduce R&D risk by prioritizing cost, schedule, and performance, which are basic management factors used in R&D project management in defense project management regulations. Analytic Hierarchy Process (AHP) is applied using a questionnaire for managers in charge of aviation R&D under the Defense Acquisition Program Administration. As a primary result, the importance of the factors that the aircraft R&D project manager should consider was derived in the order of performance, cost, and schedule, and the priorities of performance and cost in the lower layer were also identified. In addition, in order to provide practical risk management measures to aircraft R&D project managers, the results of analyzing 28 cases of US National Transportation Safety Board accidents were compared and analyzed with the AHP analysis results, and management measures suitable for the situation were specified.
One of the most effective methods to consistently ensure the safety of a tap water supply can be achieved by application of a comprehensive risk assessment and risk management approach for drinking water supply systems. This approach can be termed water safety plans(WSP) which recommended by WHO(world health organization) and IWA(international water association). For the introduction of WSP into Korea, 150 hazards were identified all steps in drinking water supply from catchment to consumer and risk assessment tool based on frequency and consequence of hazards were developed. Then, developed risk assessment tool by this research was implemented at a water treatment plant(Q=25,000 m3/d) to verify its applicability, and several amendments were recommended; classification of water source should be changed from groundwater to stream to strengthen water quality monitoring contaminants and frequencies; installation of aquarium to monitor intrusion of toxic substances into raw water; relocation or new installation on-line water quality analyzers for efficient water quality monitoring; change of chlorination chemical from solid phase(Ca(OCl)2) to liquid phase(NaOCl) to improve soundness of chlorination. It was also meaningful to propose hazards and risk assessment tool appropriate for Korea drinking water supply systems through this research which has been inconsistent among water treatment authorities. Key words: Hazard, Reliability, Risk management, Water safety plan, Tap water
ISO 9001 Quality Management Systems-Requirements has been revised in 2015. It has been updated four times since its publication in 1987. It is the most widely used International Standard in the world. There are over one million companies and organizations in over 170 countries certified to ISO 9001 from an ISO survey. Organizations are supposed to be certified to this new version by late 2018. The key changes in ISO 9001:2015 are to establish a High Level Structure (HLS) and focus on Risk-Based Thinking (RBT). Risk-Based Thinking means the process approach to decide how risk is addressed in establishing the processes to improve process outputs and prevent undesirable results. It pursues process planning and controls based on risks so that organizations can improve the effectiveness of the quality management system. It maintains and manages a Quality Management System that inherently addresses risks and meets objectives. In this article we firstly attempt to explain how to understand the fundamental concept of Risk-Based Thinking which is a systematic approach to consider risks rather than treating prevention as a separate component of a Quality Management System. We comment on the detailed requirements that contain risks in ISO 9001:2015 clauses. We also summarize recent advances on the risk assessment and management in line with ISO 31000:2009 Risk Management-Principles and Guidelines. We finally propose the practical risk management procedures for implementing ISO 9001:2015 with an emphasis on RBT. This article would contribute to help quality managers and practitioners convert to ISO 9001:2015.
This study is intended to evaluate a risk of overseas construction companies. To achieve this, a survey was empirically carried out to overseas construction site experts. The results were as follows. The relative importance of parent factors showed that‘social culture’(0.157) was the highest, followed by ‘institutional regulation’(0.150),‘environment’(0.145),‘productivity’ (0.142),‘economic finance’(0.137),‘market condition’(0.136) and‘political policy’(0.133). As for the above-mentioned findings, the most important risk factor in overseas construction was social culture of entry countries, followed by construction-related legal system. All construction companies, contractors and design companies said that social culture was the most important parent factor, varying from construction industry. And they said that workforce availability was also the most important in the importance of sub-factors, followed by conflict due to the differences in lifestyle. Consequently, it is important to manage risk for socio-cultural factors in overseas construction, risk for double workforce, and risk for the differences in thinking or lifestyle by the participation of multinational workforce.
The function failure of present major facilities is likely to lead to failure of related systems and/or whole facilities, increasing the necessity for protection of infrastructures, main structures, and major industrial facilities. In addition, safe and efficient management for urban infrastructure (waterworks and sewerage facilities, electricity, telecommunications, roads, etc) installed in the basement or on large cities grounds at various public areas is required. Recently in response to this demand, efforts for vitalizing asset management are being made such as enacting related laws and developing asset management system in the U.S., Australia, Europe and other advanced countries with the concept for a new maintenance. In our county, identifying maintenance system problems such as aging and rapid increasing of existing infrastructures and decision-making about updating maintenance is required for systematic and organizational maintenance. In this study, by comparing and observing the LOS(Level of Service) of each countries’ waterworks and risk-based LOS, we suggest the direction of future urban water infrastructure management systems for more effective management.
In this paper, a mathematical model is developed for finding a degree of influence of risks affecting the project. At risk identification step, all risks are structured in forms of block diagrams after risks of project activities are identified. At risk analysis step, reliability functions are derived based on block diagrams of risks. Reliability function represents the probability of the project success. Based on the derived reliability functions, risks importance is defined as a criterion for expressing a degree of influence of each risk affecting the success of the project, which is. Risks importance includes the structural importance of risk, the probability of risk, and the impact of risk. It could be applied to determine the priorities of risks which should be controlled, and the use of such priorities could guarantee successful project activities. Finally, examples of the proposed mathematical models will be given.
연안어선의 보안 사고 및 보안관리 현황을 분석하고 리스크를 저감할 수 있는 방안을 모색하고 연안어선 이용자를 대상으로 보안위혐요소와 취약성 조사를 실시하였다. 공경비 중심의 보안위협저감 대책에 부가하여 해양민간보안경비 제도 활성화 방안과 연안어선 보안사고 예뱡대응 시스템을 제시 하였다
With the trends of massiveness and complexity of construction, the main agents of construction have considered the various types of risk management strategies to minimize the loss caused by the risk factors from the nature of construction project, regional characteristics, and scale of construction. The risk management has been conducted, because the risk factors have exacerbated the condition of construction in terms of the level of productivity, quality of construction, atmosphere, and budget. Based on thε interests regarding risk factor management, the current study suggests the work breakdown structure-based process. Additionally, based on the work breakdown structure, the risk factors on constructions are identified and stratified depending on the level of salience of each risk factor. The purpose of result is to lead Korean Land Corporation understand and control the risk factors properly for the advanced construction process of Korean Land Corporation. Ultimately the current study contribute to advance of efficient risk management strategies by using ANP method, which identify and control the primary risk factos depending on the impact of the interaction and subordinate relationship between risk factors.
The uncertainty of a project generates risks hindering the goal achievement of the project, and the risks affect the success or failure of the project significantly. Risk management, a part of the project management, includes various processes, and there
Establishing a framework, to explain the path to safety accidents considering major safety management factors such as physical conditions including on-site activities and workplace, as well as human factors as to labor, supervisors, or managers, would be effective as the basis to control project's risks by preventing disasters. Therefore, this study aimed to clarify the mechanism in safety management and disaster occurrence. In order to accomplish the purpose, it identified and classified the factors related to accidents, reviewed the causal relationships among them, and suggested the influence diagram. The results of this research are expected to contribute to reinforcing the preventive management, and facilitating the development of integrated site control system based on safety risks.
This paper is to introduce guidelines for risk management and analysis. International tandards such as IEC 60300-3-9, IEC 61511-3, ISO 14971-1 and ISO/IEC Guide 73 are considered. This study is to discuss risk analysis of technological systems, and guidelines in the application of hazard and risk analysis for functional safety instrumented system, and risk management of medical devices, and guidelines for use in risk management standards.
미래는 어쩔 수 없이 불확실하다. 더욱이 현대 프로젝트의 다국적화, 거대화, 복잡화 현상은 프로젝트 성공과 관련된 미래 예측을 더욱 불확실하게 만들고 있다. 이러한 불확실성의 증가 현상은 모든 산업에 있어서 일반적인 것이며, 결과적으로 리스크에 대한 관리의 필요성을 더욱 증폭시키고 있다. 관리되지 않은 프로젝트 리스크는 프로젝트의 실패의 원인이 되며, 나아가 조직의 위기로 발전된다. 따라서 프로젝트 리스크는 프로젝트 팀을 포함한 전체 조직 차원에서 관리되어야 한다. 본 연구에서는 프로젝트의 전반에 걸쳐서 체계적인 리스크 관리를 위해 프로세스를 중심으로 서술하였다.
제조물 결함에 의한 기업의 배상책임은 전형적인 기업의 리스크로서 전통적으로 투자, 금융, 보험, 위기 관리, 시스템 안전 분야에서 사용되고 있는 리스크 관리 기법을 적용하여 효과적으로 대비할 수 있다. 현재 일부 선진국에서는 리스크 관리 기법을 규격화하여 각 조직 활동에 잠재된 위험 요소로부터의 손실을 예방하고 기회 이익을 구현하는데 활용하고 있다. 본 연구에서는 현재까지 발표된 호주, 뉴질랜드, 캐나다, 일본, 영국, 유럽연합 등의 나라에서 규격화하고 있는 리스크 관리기법에 대해 비교 검토하고 그 장단점 및 특징을 조사하였다. 또한 제조물 결함에 따른 기업의 배상 책임에 대비하여 기업이 제품 안전 경영체계를 수립하는데 리스크 관리 기법이 적절히 활용될 수 있는지에 대해 토의하였다.
국제무역에서 디지털화는 새로운 시장과 고객에 대한 접근을 촉진하고 국경 간 거래를 활발하게 하며, 거래 참여 비용을 절감하는 등 다양한 이점을 가진다는 점에 의의가 있다. 디지털 무역의 시대가 오면 서 과거의 전통적인 금융 리스크와는 다른 양상을 보이기 시작했다. 중국에서는 비부금(備付金) 리스 크, 자금 남용 리스크, 자본 유동성 리스크가 나타나고 있으며, 이에 대한 관리 방법으로 비부금(備付 金)을 중앙에서 관리하고, 은행 감독 수준을 제고하며, 정부 신용제도 개선을 고안했다. 한국에서는 디 지털 권리침해 리스크, 상품의 하자, 배송지연 및 미배송, 판매자의 계약 위반에 대한 구제거부 등 구매 자의 리스크와 제품의 불량 혹은 파손, 오배송 및 배송지연 등에 따른 구매자의 환불 및 교환 요구, 블 랙컨슈머 등 판매자의 리스크가 존재한다. 이를 해결하기 위한 방법으로는 협력체계 구축, 오픈마켓의 분쟁 해결 서비스, 신용카드 차지백 서비스 활용, 판매자 약관의 확인, 거래 프로세스의 개선, 거래 관 련 증빙 확보, 블랙컨슈머 리스트 공유를 제시했다. 급변하는 국제무역 체계를 따라잡기 위해서는 정부 의 노력이 있어야만 한다. 디지털 무역에 대한 모니터링을 지속하고, 변화에 맞춰 즉각 대응할 수 있도 록 체계적인 시스템 구축이 필요할 것으로 보인다. 디지털 무역의 성장이 급속하게 일어난 만큼 아직 디 지털 무역의 리스크 및 리스크 관리에 대해서 규범과 체계가 상대적으로 미비한 실정이다. 디지털 경제 강국이 되기 위해서는 글로벌 쟁점에 관심을 가지고 국가 간의 협력이 활발하게 이루어져야 한다고 본 다.
미국프로젝트관리협회(Project Management Institute)에서는 리스크의 형태를 외부 리스크(External Risk)와 내부 리스크(Internal Risk)로 구분 하고 있다. 외부 리스크는 프로젝트에서 통제가 불가능한 리스크로 정책 및 관련제도 변화, 기후 및 자연재해, 환율 등이다. 내부 리스크는 사업 자체에 존재하는 리스크로, 프로젝트내부에서 통제가 가능한 항목들이다. 프로젝트 관리상의 기술적 위험은 비용, 품질, 시간, 안전, 환경이다. 따라서 건설프로젝트의성공적인 수행을 위해서는 외부 리스크와 내부 리스크를 모두 관리해야 하며, 특히 기술적 리스크 관 리를 통하여 시설물의 품질과 안전을 확보할 수 있다. 특히 다수의 시설물로 구성된 복합 시설물은 다수의 단위프로젝트로 구성되어 있고, 다 양한 참여주체 및 이해관계자간 갈등이 존재하기 때문에 잠재 리스크에 대한관리의 중요성이 대두되고 있으며, 리스크 관리의 부재는 사업 지 연 및 공사비 증가와 더불어 시설물의안전에도 부정적 영향을 미친다. 본 연구는 복합 시설물의 안전성 확보를 위한 사업관리 측면의 리스크관 리 프로세스 구축 방안의 제시를 목적으로 수행하였다. 이를 위해 리스크 관리 프로세스의 구축 절차를 제시하고, 각 단계별 활용 가능한 리스 크 정보로서, 건설프로젝트에 내재된 리스크의 유형 및 요인, 그리고 대응 전략을 제시하였다.
우리나라 정부는 글로벌 보안 추세와 전쟁 및 테러리즘에 대처하기 위해 컨테이너 보안조치(CSI, 24시간 규칙 포함), 종합인증 우수 업체(AEO) 등 다양한 보안 제도 및 보안 조치를 도입했다. 하지만 수출입 과정의 다양한 구성원들은 CSI, 24시간 규칙, AEO의 목적과 기능에 여전히 부정적이다. 이것은 보안 리스크를 수출입 과정의 장애나 방해 요인으로 여기고 있기 때문이다. 따라서 본 연구의 목적은 이러한 리스 크를 규명, 측정, 평가하고 적절한 관리 방안을 제시함에 있다. 이를 위한 리스크규명과 리스크관리에 따른 성과 측정을 위해 선행연구 및 현장 조사를 바탕으로 설문조사를 진행했다. 설문조사를 통해 대상 리스크를 상대적인 값을 구분하여 Key Risk, Major Risk, Minor Risk로 나눌 수 있었으며 각 리스크를 대상으로 분산분석을 실시하여 집단별 관리정도의 차이를 알아낼 수 있었다. 마지막으로 회귀분석을 통해 리스크관리 정 도별 물류성과 검증을 실시하여 CSI 리스크관리가 물류 재무적 성과에 유의미한 영향을 미치며, CSI 리스크관리와 AEO 인증 리스크관리는 물 류 서비스 성과에 유의미한 영향을 미치는 것을 알아낼 수 있었다.