scholarly journals The selection of contract strategies using the analytic network process for oil and gas projects: a case study

2019 ◽  
Vol 10 (2) ◽  
pp. 355
Author(s):  
Vinicius Maia De Jesus ◽  
Luiz Flavio Autran Monteiro Gomes ◽  
Fernando Filardi

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.

2019 ◽  
pp. 271
Author(s):  
Abi Revyansah Perwira ◽  
Bayu Kharisma

Abstract: Integrated One-Stop School Evaluation Using Analysis SWOT-Analytic NetworkProcess (Case Study in Purwakarta Regency). One way to reduce dropout rates is through aSekolah Satu Atap Terpadu. One of the regencies in West Java that has organized a SekolahSatu Atap Terpadu as well as the object of this research is Purwakarta regency. By using SWOTAnalyticNetwork Process(ANP)analysis, thisstudyseekstoevaluatewhile providingalternativepolicies for the development of Sekolah Satu Atap Terpadu in Purwakarta regency. The data inthis study were obtained by filling out questionnaires by respondents online through Google Form,where respondents were actors who were directly involved in the implementation of a SekolahSatu Atap Terpadu. From the analysis results obtained Strengths and Threats occupy the highestvalue. Strengths include students could continue their education up to junior high school level andlocal government supports both in terms of budget and curriculum. While Threats, among others,school management has become more complex and the delegation of authority from the central andregional governments is not clear. Therefore, the ST strategy can be used as an alternative policyin increasing Strengths and minimizing Threats.Keywords: Sekolah Satu Atap Terpadu; SWOT Analysis; Analytic Network Process (ANP).


Facilities ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Joseph H.K. Lai ◽  
Huiying (Cynthia) Hou ◽  
David J. Edwards ◽  
P.L. Yuen

Purpose This study aims to establish a rigorous model that can pragmatically evaluate the facilities management (FM) performance of hospitals. Design/methodology/approach Among the applicable performance indicators that were identified from extant literature, a focus group study shortlisted ten key performance indicators (KPIs) in four categories (safety, physical, financial and environmental) and verified their practicality. Using the analytic network process (ANP) method to process the focus group’s responses yielded importance weightings for the KPIs and developed the intended evaluation model. This model was then validated by a case study. Findings From the empirical data collected, two types of FM performance data and two scenarios of KPI scores were identified. To process these data and scores, a robust calculation method was devised and then proved useful in obtaining an overall score for holistic hospital FM performance. The case study confirmed the appropriateness and validity of the model developed. Research limitations/implications Through illustrating how the ANP method could be applied to develop an FM performance evaluation model, the study contributes knowledge to the multi-criteria decision-making domain. Despite the geographical limitation of the model established (i.e. centered around a group of hospitals investigated in Hong Kong), the study can serve as a reference for developing performance evaluation models for other buildings or infrastructures globally. Practical implications The model constitutes a practical tool for evaluating the FM performance of hospitals. Using this model on a regular basis will enable performance benchmarking and hence, continuous improvement of FM services. Originality/value The ANP model established is the first of its kind tailored for evaluation of hospital FM performance.


Energies ◽  
2019 ◽  
Vol 12 (4) ◽  
pp. 649 ◽  
Author(s):  
Moath Alrifaey ◽  
Tang Sai Hong ◽  
Eris Supeni ◽  
Azizan As’arry ◽  
Chun Ang

The oil and gas industry is looking for ways to accurately identify and prioritize the failure modes (FMs) of the equipment. Failure mode and effect analysis (FMEA) is the most important tool used in the maintenance approach for the prevention of malfunctioning of the equipment. Current developments in the FMEA technique are mainly focused on addressing the drawbacks of the conventional risk priority number calculations, but the group effects and interrelationships of FMs on other measurements are neglected. In the present study, a hybrid distribution risk assessment framework was proposed to fill these gaps based on the combination of modified linguistic FMEA (LFMEA), Analytic Network Process (ANP), and Decision Making Trial and Evaluation Laboratory (DEMATEL) techniques. The hybrid framework of FMEA was conducted in a hazardous environment at a power generation unit in an oil and gas plant located in Yemen. The results show that mechanical and gas leakage FM in electrical generators posed a greater risk, which critically affects other FMs within the plant. It was observed that the suggested framework produced a precise ranking of FMs, with a clear relationship among FMs. Also, the comparisons of the proposed framework with previous studies demonstrated the multidisciplinary applications of the present framework.


2018 ◽  
Vol 17 (06) ◽  
pp. 1611-1658 ◽  
Author(s):  
Enrique Mu ◽  
Howard Stern

Many times, benefit-opportunity-cost-risk (BOCR) information system (IS)-related decisions are based mainly on short-term financial variables. We propose a broader decision-making framework, using contingency theory to identify environmental specific factors and assimilation theory to identify post-implementation factors to be considered in the decision. This approach is demonstrated within the context of a case study: the decision to merge the City of Pittsburgh and Allegheny County IS functions using an analytic network process (ANP)/BOCR analysis. ANP is a multi-criteria decision-making approach toward making decisions taking into account multiple criteria, alternatives and their interrelationships. The contingency/assimilation approach proposed here can be used in all sorts of IS decisions while the proposed IS merge decision model can be applied, with some contextual modifications, to similar public IS merge decisions. In addition, the ANP/BOCR approach is meticulously explained to serve as a useful reference for prospective users.


2015 ◽  
Vol 21 (7) ◽  
pp. 933-947 ◽  
Author(s):  
Alireza Valipour ◽  
Nordin Yahaya ◽  
Norhazilan Md Noor ◽  
Simona Kildienė ◽  
Hadi Sarvari ◽  
...  

Risk assessment is one of the most important factors in achieving success in public-private partnership (PPP) projects. Some relationships between risks in freeway projects have been established. The occurrence of each risk can worsen the effects of others such as a negative impact of financial risks on construction risks. This paper is aimed at prioritizing significant risks in freeway PPP projects applying a fuzzy analytic network process (FANP) method for overcoming the problems of interdependencies and feedback among different risk-ranking alternatives. Data on the study have been collected through a literature review, an interview and a questionnaire survey distributed to experts in the field of freeway PPP projects. The obtained results have shown that financial, legal and political risks are the most significant groups, although improper design, changes in the value of granted lands and the termination of concession are the most important risks. The findings help with strengthening the capabilities of developing countries for risk management in freeway PPP projects.


Sign in / Sign up

Export Citation Format

Share Document