The high competitiveness in the oil sector, the velocity of changes in the world and the increasingly short life cycles of projects, have forced the large companies in this sector to maintain extensive project portfolios in engineering. These demand efficient management and balancing, because otherwise the competitive position relative to other companies is placed at risk. These companies have the challenge of developing appropriate methodologies to manage the portfolios and provide support to the decision makers, aiming at maximizing the results of the projects. One of the activities of portfolio management, and perhaps the most difficult, is the adequate prioritization of the projects, because it involves great subjectivity in the direct comparison of highly different projects, with different objectives and at times contrary in the use of criteria that depend on sensitivity evaluations. An example is the improvement in society’s perception of the company’s image that a project may provide. For the prioritization of these projects, it becomes necessary to employ multiple-criteria analyses, and for this, the organization needs to define how many, and which criteria are going to be utilized, together with their relative importance. This article has the purpose of describing the implantation of a prioritization methodology for projects utilizing the Analytic Hierarchy Process (AHP) analysis technique in a regional office of the largest logistics company in South America, Transpetro. The company forms part of the Brazilian oil system; more specifically in the transport and storage of oil and oil products. The company operates a fleet of 55 ships having the transport capacity of 2.9 million deadweight tons, 7,033 km of oil pipelines and 3,600 km of gas pipelines, 20 land-based terminals and 26 water-based terminals. The dynamic of the implantation will be presented as the results, demonstrating a preliminary sensitivity analysis, the choice of analytical technique utilizing multiple criteria, the development of a tool and the result of prioritizing the portfolio. In addition, the results of the analysis of this prioritization relative to the existing portfolio will be presented.
Skip Nav Destination
Close
Sign In or Register for Account
2010 8th International Pipeline Conference
September 27–October 1, 2010
Calgary, Alberta, Canada
Conference Sponsors:
- International Petroleum Technology Institute and the Pipeline Division
ISBN:
978-0-7918-4422-9
PROCEEDINGS PAPER
Prioritization of a Portfolio of Projects
Jose Eduardo Modica,
Jose Eduardo Modica
Transpetro S.A., Rio de Janeiro, RJ, Brazil
Search for other works by this author on:
Roque Rabechini, Jr.,
Roque Rabechini, Jr.
Universidade Nove de Julho, Sa˜o Paulo, SP, Brazil
Search for other works by this author on:
Edison Martins Braun
Edison Martins Braun
WBS Gerenciamento e Empreendimentos Ltda., Salvador, BA, Brazil
Search for other works by this author on:
Jose Eduardo Modica
Transpetro S.A., Rio de Janeiro, RJ, Brazil
Roque Rabechini, Jr.
Universidade Nove de Julho, Sa˜o Paulo, SP, Brazil
Edison Martins Braun
WBS Gerenciamento e Empreendimentos Ltda., Salvador, BA, Brazil
Paper No:
IPC2010-31509, pp. 41-48; 8 pages
Published Online:
April 4, 2011
Citation
Modica, JE, Rabechini, R, Jr., & Martins Braun, E. "Prioritization of a Portfolio of Projects." Proceedings of the 2010 8th International Pipeline Conference. 2010 8th International Pipeline Conference, Volume 3. Calgary, Alberta, Canada. September 27–October 1, 2010. pp. 41-48. ASME. https://doi.org/10.1115/IPC2010-31509
Download citation file:
- Ris (Zotero)
- Reference Manager
- EasyBib
- Bookends
- Mendeley
- Papers
- EndNote
- RefWorks
- BibTex
- ProCite
- Medlars
Close
Sign In
6
Views
0
Citations
Related Proceedings Papers
Related Articles
Structural Reliability of a Suezmax Oil Tanker Designed According to New Common Structural Rules
J. Offshore Mech. Arct. Eng (May,2008)
A Ten-Step Design Method for Simulation Games in Logistics Management
J. Comput. Inf. Sci. Eng (March,2012)
Theoretical Performance Limits of an Isobaric Hybrid Compressed Air Energy Storage System
J. Energy Resour. Technol (October,2018)
Related Chapters
Study on Predicting Returns of White Goods Based on Markov
International Conference on Information Technology and Computer Science, 3rd (ITCS 2011)
The Effect of Conservatism on Identifying Influential Parameters (PSAM-0381)
Proceedings of the Eighth International Conference on Probabilistic Safety Assessment & Management (PSAM)
Consequence Sensitivity Analyses for a Risk-Informed Review of a Preclosure Safety Analysis (PSAM-0440)
Proceedings of the Eighth International Conference on Probabilistic Safety Assessment & Management (PSAM)