This paper discusses a special situation in project management in which an analyst wants to prioritize several independent activities to handle all them one after another, in such a way that there are no precedence relationships over the activities. As a novel idea, in this research, the notion is that the structure of prioritized activities is a linear arrangement, and therefore it can be taken into account as a combinatorial optimization problem. The paper formulates a mathematical model, and employes it in two real cases from oil and gas industry. In addition, the paper develops a row generation procedure to solve large scale problems, and reports the computational results for the problem instances of size up to 300 activities. The results demonstrate the applicability and efficiency of the proposed methodology.
Investigate the causes of changing the oil price and modeling for predicting its volatility has always been one of the most important fields of Iran's economic literature study due to its position in Iran's economy. On the other hand, oil price volatility lead to the difficulty in the development programs. Empirical studies show that oil prices volatility are caused the structural bottlenecks (trade balance bottleneck, budget bottlenecks, etc.) in Iran's economic.
The Covid-19 pandemic has severely affected various aspects of life, and its compounding and cascading impacts have been observed in most industries and firms. The oil and gas (O&G) industry was among the first to experience the impacts as the pandemic began due to the global economic recession and a sharp decline in demand for oil. The pandemic revealed major risk management and business continuity challenges and uncovered some of the vulnerabilities of the O&G industry and its major companies during a prolonged global disaster. Examining and understanding how the Covid-19 pandemic impacted the O&G sector in different countries, considering their unique circumstances, can provide important lessons for managing the current and future similar events. This study investigated various impacts of the Covid-19 pandemic on the O&G industry using Iran’s Pars Oil and Gas Company (POGC) as a case study. Data were collected through in-depth interviews with key managers of the company. Qualitative methods, specifically thematic analysis, were used to analyze the data. Findings of this study provide further insights into how the pandemic impacted the operations, risks, and business continuity of the POCG. The results show that the pandemic caused significant operational, financial, and legal impacts by disrupting routine maintenance, reducing the availability of human resources under the public health measures and mobility restrictions, increasing processing and delivery times, increasing costs and decreasing revenues, and delaying contractual obligations.
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