The selection of contract strategies using the analytic network process for oil and gas projects: a case study
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/850 |
Resumo: | The key objective of this study was to select Oil & Gas projects contract strategies. The ANP method was used in order to achieve this objective. The candidate strategies had multiple, interrelated consequences and generated a series of impacts (technical, commercial and environmental). The study carried out by using the ANP added significant value to the company by making the evaluation and selection processes more transparent and efficient as well as by reducing environmental impacts and optimizing the use of natural resources. A working group was formed to analyze the possible contract strategies for a particularly complex project and an ex post facto analysis was performed. The case study was therefore developed in a setting of investment review by the working group including professionals from different subareas. Those professionals were responsible for recommending the most adequate contract strategy. The working group focused on four possible alternatives (A, B, C and D). However, A and B were discarded for not attending to the restrictions related to the necessary cash and debt impact. Therefore, only C and D were analyzed, taking into account the five criteria with greater relative weight: cost, performance, deadline, control, and number of interfaces. Besides those, other criteria had also a significant contribution to the study. A sensitivity analysis took into account the independence of clusters and did not change the ranking of the alternatives, leading to a robust solution of the problem. |
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IJMP |
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Independent Journal of Management & Production |
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The selection of contract strategies using the analytic network process for oil and gas projects: a case studyContract strategyOil & Gas ProjectsMulticriteria Decision MakingANPThe key objective of this study was to select Oil & Gas projects contract strategies. The ANP method was used in order to achieve this objective. The candidate strategies had multiple, interrelated consequences and generated a series of impacts (technical, commercial and environmental). The study carried out by using the ANP added significant value to the company by making the evaluation and selection processes more transparent and efficient as well as by reducing environmental impacts and optimizing the use of natural resources. A working group was formed to analyze the possible contract strategies for a particularly complex project and an ex post facto analysis was performed. The case study was therefore developed in a setting of investment review by the working group including professionals from different subareas. Those professionals were responsible for recommending the most adequate contract strategy. The working group focused on four possible alternatives (A, B, C and D). However, A and B were discarded for not attending to the restrictions related to the necessary cash and debt impact. Therefore, only C and D were analyzed, taking into account the five criteria with greater relative weight: cost, performance, deadline, control, and number of interfaces. Besides those, other criteria had also a significant contribution to the study. A sensitivity analysis took into account the independence of clusters and did not change the ranking of the alternatives, leading to a robust solution of the problem.Independent2019-04-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdftext/htmlhttp://www.ijmp.jor.br/index.php/ijmp/article/view/85010.14807/ijmp.v10i2.850Independent Journal of Management & Production; Vol. 10 No. 2 (2019): Independent Journal of Management & Production; 355-3792236-269X2236-269Xreponame: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/850/995http://www.ijmp.jor.br/index.php/ijmp/article/view/850/1002Copyright (c) 2019 Vinicius Maia de Jesus, Luiz Flavio Autran Monteiro Gomes, Fernando Filardiinfo:eu-repo/semantics/openAccessde Jesus, Vinicius MaiaMonteiro Gomes, Luiz Flavio AutranFilardi, Fernando2019-05-01T03:09:48Zoai:www.ijmp.jor.br:article/850Revistahttp://www.ijmp.jor.br/PUBhttp://www.ijmp.jor.br/index.php/ijmp/oaiijmp@ijmp.jor.br||paulo@paulorodrigues.pro.br||2236-269X2236-269Xopendoar:2019-05-01T03:09:48Independent Journal of Management & Production - Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP)false |
dc.title.none.fl_str_mv |
The selection of contract strategies using the analytic network process for oil and gas projects: a case study |
title |
The selection of contract strategies using the analytic network process for oil and gas projects: a case study |
spellingShingle |
The selection of contract strategies using the analytic network process for oil and gas projects: a case study de Jesus, Vinicius Maia Contract strategy Oil & Gas Projects Multicriteria Decision Making ANP |
title_short |
The selection of contract strategies using the analytic network process for oil and gas projects: a case study |
title_full |
The selection of contract strategies using the analytic network process for oil and gas projects: a case study |
title_fullStr |
The selection of contract strategies using the analytic network process for oil and gas projects: a case study |
title_full_unstemmed |
The selection of contract strategies using the analytic network process for oil and gas projects: a case study |
title_sort |
The selection of contract strategies using the analytic network process for oil and gas projects: a case study |
author |
de Jesus, Vinicius Maia |
author_facet |
de Jesus, Vinicius Maia 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 Jesus, Vinicius Maia Monteiro Gomes, Luiz Flavio Autran Filardi, Fernando |
dc.subject.por.fl_str_mv |
Contract strategy Oil & Gas Projects Multicriteria Decision Making ANP |
topic |
Contract strategy Oil & Gas Projects Multicriteria Decision Making ANP |
description |
The key objective of this study was to select Oil & Gas projects contract strategies. The ANP method was used in order to achieve this objective. The candidate strategies had multiple, interrelated consequences and generated a series of impacts (technical, commercial and environmental). The study carried out by using the ANP added significant value to the company by making the evaluation and selection processes more transparent and efficient as well as by reducing environmental impacts and optimizing the use of natural resources. A working group was formed to analyze the possible contract strategies for a particularly complex project and an ex post facto analysis was performed. The case study was therefore developed in a setting of investment review by the working group including professionals from different subareas. Those professionals were responsible for recommending the most adequate contract strategy. The working group focused on four possible alternatives (A, B, C and D). However, A and B were discarded for not attending to the restrictions related to the necessary cash and debt impact. Therefore, only C and D were analyzed, taking into account the five criteria with greater relative weight: cost, performance, deadline, control, and number of interfaces. Besides those, other criteria had also a significant contribution to the study. A sensitivity analysis took into account the independence of clusters and did not change the ranking of the alternatives, leading to a robust solution of the problem. |
publishDate |
2019 |
dc.date.none.fl_str_mv |
2019-04-01 |
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/850 10.14807/ijmp.v10i2.850 |
url |
http://www.ijmp.jor.br/index.php/ijmp/article/view/850 |
identifier_str_mv |
10.14807/ijmp.v10i2.850 |
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/850/995 http://www.ijmp.jor.br/index.php/ijmp/article/view/850/1002 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2019 Vinicius Maia de Jesus, Luiz Flavio Autran Monteiro Gomes, Fernando Filardi info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2019 Vinicius Maia de Jesus, 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. 2 (2019): Independent Journal of Management & Production; 355-379 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_ |
1797220491854872576 |