scholarly journals Contract modeling of investment projects in the field of oil and gas construction

2021 ◽  
Vol 266 ◽  
pp. 06001
Author(s):  
A.S. Altemirova ◽  
I.V. Burenina
Keyword(s):  
Risk Management ◽  
Management System ◽  
Construction Projects ◽  
Oil And Gas ◽  
Optimal Contract ◽  
Preliminary Assessment ◽  
Investment Projects ◽  
Risk Management System

The purpose of this article is to select and justify the optimal contract model for one of the largest investment and construction projects of PJSC based on a preliminary assessment of the project under several alternative contracts. To achieve this goal, the following results were obtained: first, a classification of contracts for investment and construction projects (ICP) was developed, adapted to the specifics of the oil and gas business, second, the process steps for planning the contract model of oil and gas construction projects were formed, and third, a conclusion was made about the feasibility of using a particular contract model in terms of the project economy, its timing, the quality of decisions at each stage, and the risk management system.

THE METHODOLOGICAL VALUE OF THE CLASSIFICATION IN THE COMPANY FINANCIAL RISK MANAGEMENT SYSTEM

2020 ◽  
Author(s):  
A.A. Fathulin ◽  
N. A. Fathulina ◽  
S. N. Basova
Keyword(s):  
Risk Management ◽  
Management System ◽  
Financial Risk ◽  
Methodological Approach ◽  
Financial Risks ◽  
Risk And Uncertainty ◽  
Financial Risk Management ◽  
Risk Management System

The complexity of understanding the nature of risks, as well as the diversity of their types and manifestations, including financial risks, requires the use of a methodological approach to their classification. Classification of financial risks is of particular importance in the company's activities in order to effectively manage them. The article analyzes the concepts of "risk" and "uncertainty", and provides risk classifications for various reasons. It is concluded that it is possible to control and manage risks through comprehensive accounting and, accordingly, prevention of various types of threats and uncertainties in the company's activities.

scholarly journals Risk management system model to improve the reputation of oil and gas companies in the Java island - Indonesia

2019 ◽  
Vol 276 ◽  
pp. 02014
Author(s):  
Nevila Rodhi Nova ◽  
I Putu Artama Wiguna ◽  
Anwar Nadjadji
Keyword(s):  
Sustainable Development ◽  
Risk Management ◽  
Management System ◽  
Oil And Gas ◽  
Negative Impact ◽  
Risk Management System ◽  
Preventive Method ◽  
Iso 31000 ◽  
Social Environmental ◽  
Oil And Gas Companies

Risk management has been widely studied and applied in oil and gas pipeline projects, but the reality is that the impacts still occur. This is due to the ineffectiveness of existing risk management applications, so of course in this case an effective risk management system is needed, in which risk management must pay attention to all aspects that exist, both internal aspects, external aspects, and other aspects that can affect and influenced by existing risks and risk management not only can be used as a preventive method. But it can also support sustainable development targets. This paper presents the application of risk management by oil and gas companies in Indonesia that has been adapted to ISO 31000:2009 as a framework that can integrate various other management processes, including the management of HSE (Health, Safety, and Environment) risk in the hope of that sustainable development can be achieved . But in the reality it can not be denied that the activities that continue to this day still cause negative impact, especially for the environment. International oil and gas companies nowadays place more emphasis on preventive measures than the methods of mitigation. Thus it shows that the concept of sustainable development has not been fully considered in risk management applications. The existence of a continuous negative impact would greatly affect the credibility of oil and gas companies. Based on the results of research conducted with the hybrid method and analyzed with the help of System Dynamics it can be concluded that there are 3 (three) factors that can affect reputation risk, these factors are social, environmental, and economic and the model built in this study shows that it will can help the oil and gas company players to predict and improve the company’s reputation.

Risk Management Model in Surface Exploitation of Mineral Deposits

2016 ◽  
Vol 61 (2) ◽  
pp. 293-308
Author(s):  
Cvjetko Stojanović
Keyword(s):  
Risk Management ◽  
Adverse Events ◽  
Management System ◽  
Mining Industry ◽  
Investment Project ◽  
Management Model ◽  
Structural Element ◽  
Investment Projects ◽  
Risk Management System ◽  
Mining Projects

Abstract Risk management is an integrative part of all types of project management. One of the main tasks of pre-investment studies and other project documentation is the tendency to protect investment projects as much as possible against investment risks. Therefore, the provision and regulation of risk information ensure the identification of the probability of the emergence of adverse events, their forms, causes and consequences, and provides a timely measures of protection against risks. This means that risk management involves a set of management methods and techniques used to reduce the possibility of realizing the adverse events and consequences and thus increase the possibilities of achieving the planned results with minimal losses. Investment in mining projects are of capital importance because they are very complex projects, therefore being very risky, because of the influence of internal and external factors and limitations arising from the socio-economic environment. Due to the lack of a risk management system, numerous organizations worldwide have suffered significant financial losses. Therefore, it is necessary for any organization to establish a risk management system as a structural element of system management system as a whole. This paper presents an approach to a Risk management model in the project of opening a surface coal mine, developed based on studies of extensive scientific literature and personal experiences of the author, and which, with certain modifications, may find use for any investment project, both in the mining industry as well as in investment projects in other areas.

Risk Management, JSC Achimgaz Project Experience

2017 ◽  
Vol 6 (4) ◽  
pp. 3-9
Author(s):  
Е. Усова ◽  
E. Usova ◽  
Валерий Фунтов ◽  
Valeriy Funtov ◽  
А. Бутов ◽  
...  
Keyword(s):  
Decision Making ◽  
Risk Management ◽  
Natural Gas ◽  
Management System ◽  
Business Processes ◽  
Oil And Gas ◽  
Risk Management System ◽  
Iso 31000 ◽  
Decision Making Processes ◽  
Oil And Gas Sector

The article is devoted to the introduction of risk management system in the activities of JSC Achimgaz, operating in the oil and gas sector and implementing the Project for the extraction of natural gas and condensate (hereinafter the Project). The analysis of implementation, its effectiveness within a system is discussed. According to the analysis the conclusion about the necessity of creating a unified system that integrates risk management into decision-making processes, key business processes and the culture of the organization, according to GOST ISO 31000-2010.

scholarly journals The Qualimetric Model of Assessment of the Internal System of Compliance Risks Management in the System of Accumulative Pension Provision

2020 ◽  
Vol 12 (515) ◽  
pp. 338-347
Author(s):  
S. A. Achkasova ◽  
Keyword(s):  
Risk Management ◽  
Quantitative Evaluation ◽  
Internal Control ◽  
Management System ◽  
Quantitative Assessment ◽  
Risk Management System ◽  
Internal System ◽  
Analysis And Synthesis ◽  
Scientific Task

The article discusses the issues of developing a qualimetric model for assessing the internal compliance risks management system in the system of accumulative pension provision. The object of the research is the compliance risks management in the system of accumulative pension provision. One of the least developed issues is the lack of research on the assessment of the internal risk management system on the basis of a qualimetric approach. This hinders the practical aspects of introspection regarding the assessment of the quality of the internal compliance risk management system in the system of accumulative pension provision. Using the methods of analysis and synthesis, the general components for the development of a qualimetric model of quantitative assessment of the internal system of compliance risk management in the system of accumulative pension provision are defined. A qualimetric approach was used during the research. Thus, the article, using the factor-criterion modeling (qualimetric approach), develops a qualimetric model of quantitative evaluation of the internal system of compliance risk management in the system of accumulative pension provision. The proposed qualimetric model has a number of features, including organizational and informational, methodological and process components of compliance risk management in the system of accumulative pension provision. This provides such an advantage as the possibility of introspection and internal control of the formed internal system of compliance risk management in the system of accumulative pension provision. Also, the developed model allows the application of a qualimetric approach to solving the scientific task of assessing the internal system of compliance risk management in the system of accumulative pension provision, which will provide a multi-criteral approach to the management of these risks.

Analysis of the risk management system when creating samples of rocket and space technology

2020 ◽  
pp. 13-21
Author(s):  
Т.С. Огурцова ◽  
Н.П. Асташева
Keyword(s):  
Risk Management ◽  
Management System ◽  
Space Technology ◽  
Basic Principles ◽  
Risk Management System ◽  
Management Procedure ◽  
Space Rocket ◽  
Quality Of Products ◽  
Rocket Technology

В работе рассмотрены основные принципы использования риск-ориентированных подходов при создании ракетно-космической техники. Показателем результативности внедрения процедуры управления рисками является снижение количества отклонений при производстве ракетно-космической техники от норм, рекомендованных стандартами. Показано, что внедрение риск-ориентированного подхода должно быть комплексным с учетом совокупности наиболее важных рисков и мероприятий с учетом значимости каждого из них. В статье представлен порядок идентификации, анализа и оценки рисков в подразделениях «КБхиммаш им. А.М. Исаева» при создании образцов ракетно-космической техники. В работе представлена форма карты управления рисками при оценке качества продукции на производстве. The paper discusses the basic principles of using risk-based approaches when creating space rocket technology. An indicator of the effectiveness of the implementation of the risk management procedure is the reduction in the number of deviations in the production of rocket and space technology from the norms recommended by the standards. It is shown that the introduction of a risk-based approach should be comprehensive, taking into account the totality of the most important risks and measures, taking into account the significance of each of them. The article presents the procedure for identifying, analyzing and assessing risks in the units of KBhimmash im. A.M. Isaeva when creating samples of rocket and space technology. The paper presents the form of a risk management card in assessing the quality of products in production.

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