Project portfolio prioritization strategy to extend the service life of offshore platforms – a Prométhée V approach
Autor(a) principal: | |
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Data de Publicação: | 2019 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Independent Journal of Management & Production |
Texto Completo: | http://www.ijmp.jor.br/index.php/ijmp/article/view/849 |
Resumo: | This study puts forward the implementation of Multi-Criteria Decision Aid, through the PROMÉTHÉE V method, to support a decision on prioritizing a modification project portfolio on offshore oil and gas platforms. The chosen method supports, in a structured manner, the prioritization of a project portfolio which is necessary to leverage the oil production in offshore facilities, especially when they have already surpassed the plateau phase and presents production decline. Although the most relevant issues for investors are related to return on investments and the risks involved, the study suggests that other criteria are considered in specific settings. The research used data from 12 main projects of an oil and gas company and the criteria evaluations were made based on documents retrieved from the organization's database. This implementation represents a very important improvement for a well-known problem, in which the result is found based on criteria and their respective weights selected through a consensus. The results reinforce that any organization, with a constraint similar to the one presented in this study, may obtain relevant gains with the use of methods that clearly reflect the decision process and its criteria, assisting the decision maker's job significantly. |
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Independent Journal of Management & Production |
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Project portfolio prioritization strategy to extend the service life of offshore platforms – a Prométhée V approachPortfolio Prioritization StrategiesOffshore PlatformsPROMÉTHÉE VOil & GasMCDAThis study puts forward the implementation of Multi-Criteria Decision Aid, through the PROMÉTHÉE V method, to support a decision on prioritizing a modification project portfolio on offshore oil and gas platforms. The chosen method supports, in a structured manner, the prioritization of a project portfolio which is necessary to leverage the oil production in offshore facilities, especially when they have already surpassed the plateau phase and presents production decline. Although the most relevant issues for investors are related to return on investments and the risks involved, the study suggests that other criteria are considered in specific settings. The research used data from 12 main projects of an oil and gas company and the criteria evaluations were made based on documents retrieved from the organization's database. This implementation represents a very important improvement for a well-known problem, in which the result is found based on criteria and their respective weights selected through a consensus. The results reinforce that any organization, with a constraint similar to the one presented in this study, may obtain relevant gains with the use of methods that clearly reflect the decision process and its criteria, assisting the decision maker's job significantly.Independent2019-10-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdftext/htmlhttp://www.ijmp.jor.br/index.php/ijmp/article/view/84910.14807/ijmp.v10i5.849Independent Journal of Management & Production; Vol. 10 No. 5 (2019): Independent Journal of Management & Production; 1421-14452236-269X2236-269Xreponame:Independent Journal of Management & Productioninstname:Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP)instacron:IJM&Penghttp://www.ijmp.jor.br/index.php/ijmp/article/view/849/1132http://www.ijmp.jor.br/index.php/ijmp/article/view/849/1184Copyright (c) 2019 Rodrigo Toneto de Melo, Luiz Flavio Autran Monteiro Gomes, Fernando Filardiinfo:eu-repo/semantics/openAccessde Melo, Rodrigo TonetoMonteiro Gomes, Luiz Flavio AutranFilardi, Fernando2019-11-01T03:21:16Zoai:www.ijmp.jor.br:article/849Revistahttp://www.ijmp.jor.br/PUBhttp://www.ijmp.jor.br/index.php/ijmp/oaiijmp@ijmp.jor.br||paulo@paulorodrigues.pro.br||2236-269X2236-269Xopendoar:2019-11-01T03:21:16Independent Journal of Management & Production - Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP)false |
dc.title.none.fl_str_mv |
Project portfolio prioritization strategy to extend the service life of offshore platforms – a Prométhée V approach |
title |
Project portfolio prioritization strategy to extend the service life of offshore platforms – a Prométhée V approach |
spellingShingle |
Project portfolio prioritization strategy to extend the service life of offshore platforms – a Prométhée V approach de Melo, Rodrigo Toneto Portfolio Prioritization Strategies Offshore Platforms PROMÉTHÉE V Oil & Gas MCDA |
title_short |
Project portfolio prioritization strategy to extend the service life of offshore platforms – a Prométhée V approach |
title_full |
Project portfolio prioritization strategy to extend the service life of offshore platforms – a Prométhée V approach |
title_fullStr |
Project portfolio prioritization strategy to extend the service life of offshore platforms – a Prométhée V approach |
title_full_unstemmed |
Project portfolio prioritization strategy to extend the service life of offshore platforms – a Prométhée V approach |
title_sort |
Project portfolio prioritization strategy to extend the service life of offshore platforms – a Prométhée V approach |
author |
de Melo, Rodrigo Toneto |
author_facet |
de Melo, Rodrigo Toneto Monteiro Gomes, Luiz Flavio Autran Filardi, Fernando |
author_role |
author |
author2 |
Monteiro Gomes, Luiz Flavio Autran Filardi, Fernando |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
de Melo, Rodrigo Toneto Monteiro Gomes, Luiz Flavio Autran Filardi, Fernando |
dc.subject.por.fl_str_mv |
Portfolio Prioritization Strategies Offshore Platforms PROMÉTHÉE V Oil & Gas MCDA |
topic |
Portfolio Prioritization Strategies Offshore Platforms PROMÉTHÉE V Oil & Gas MCDA |
description |
This study puts forward the implementation of Multi-Criteria Decision Aid, through the PROMÉTHÉE V method, to support a decision on prioritizing a modification project portfolio on offshore oil and gas platforms. The chosen method supports, in a structured manner, the prioritization of a project portfolio which is necessary to leverage the oil production in offshore facilities, especially when they have already surpassed the plateau phase and presents production decline. Although the most relevant issues for investors are related to return on investments and the risks involved, the study suggests that other criteria are considered in specific settings. The research used data from 12 main projects of an oil and gas company and the criteria evaluations were made based on documents retrieved from the organization's database. This implementation represents a very important improvement for a well-known problem, in which the result is found based on criteria and their respective weights selected through a consensus. The results reinforce that any organization, with a constraint similar to the one presented in this study, may obtain relevant gains with the use of methods that clearly reflect the decision process and its criteria, assisting the decision maker's job significantly. |
publishDate |
2019 |
dc.date.none.fl_str_mv |
2019-10-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://www.ijmp.jor.br/index.php/ijmp/article/view/849 10.14807/ijmp.v10i5.849 |
url |
http://www.ijmp.jor.br/index.php/ijmp/article/view/849 |
identifier_str_mv |
10.14807/ijmp.v10i5.849 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
http://www.ijmp.jor.br/index.php/ijmp/article/view/849/1132 http://www.ijmp.jor.br/index.php/ijmp/article/view/849/1184 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2019 Rodrigo Toneto de Melo, Luiz Flavio Autran Monteiro Gomes, Fernando Filardi info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2019 Rodrigo Toneto de Melo, Luiz Flavio Autran Monteiro Gomes, Fernando Filardi |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf text/html |
dc.publisher.none.fl_str_mv |
Independent |
publisher.none.fl_str_mv |
Independent |
dc.source.none.fl_str_mv |
Independent Journal of Management & Production; Vol. 10 No. 5 (2019): Independent Journal of Management & Production; 1421-1445 2236-269X 2236-269X reponame:Independent Journal of Management & Production instname:Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP) instacron:IJM&P |
instname_str |
Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP) |
instacron_str |
IJM&P |
institution |
IJM&P |
reponame_str |
Independent Journal of Management & Production |
collection |
Independent Journal of Management & Production |
repository.name.fl_str_mv |
Independent Journal of Management & Production - Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP) |
repository.mail.fl_str_mv |
ijmp@ijmp.jor.br||paulo@paulorodrigues.pro.br|| |
_version_ |
1797220491853824000 |