Project Ranking in Petroleum Exploration

Szilágyi, Imre; Sebestyén, Zoltán; Tóth, Tamás

doi:10.1080/0013791x.2019.1593570

Cited by 17 publications

(7 citation statements)

References 41 publications

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“…If the pairwise comparison matrix is a consistency matrix, take the normalized eigenvector {w 1 , w 2 , • • • , w n } T corresponding to the largest eigen root n, and the sum of them is 1; If the pairwise comparison matrix is not a consistency matrix, it is suggested to use the normalized eigenvector corresponding to its largest eigen root as the weight vector w [7], then Aw = λw, w = {w 1 , w 2 , • • • , w n } T [6].…”

Section: Construction Of Pairwise Comparison Matrixmentioning

confidence: 99%

Research on the Decision-Making Model of College Enrollment Target Group Selection Based on AHP Analysis

Zhao¹,

Lu²,

Wei³

et al. 2023

Atlantis Highlights in Computer Sciences

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In view of the decision-making problem of target student source group selection in Colleges and universities, this paper makes a multi-objective feasibility analysis of target student source selection, and finds a method to help colleges and universities optimize the structure of student source. In order to analyze the multiple indicators and feasibility of the selected project, the analytic hierarchy process is used to establish a comprehensive evaluation and analysis structure model of the feasibility study, and the feasibility study conclusion of the target student source group selection decision is obtained. It is found that the model can better study the feasibility of the decision-making of the target group of college enrollment.

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Section: Construction Of Pairwise Comparison Matrixmentioning

confidence: 99%

Research on the Decision-Making Model of College Enrollment Target Group Selection Based on AHP Analysis

Zhao¹,

Lu²,

Wei³

et al. 2023

Atlantis Highlights in Computer Sciences

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“…The selection of project portfolios for a company is noteworthy, considering that for many companies, it is not easy to decide which projects to include in their portfolio [1]. This is a common management assignment that takes place within the context of the business planning process, which plays a significant role in determining the long-term success of the entire company [5].…”

Section: Portfolio Selection and Optimizationmentioning

confidence: 99%

“…The portfolio is used to locate, appraise, and value initiatives and the resources available to the company to define their priority [3]. Since its beginnings, PPM has been used in many areas, such as IT projects, research and development, oil exploration [5], and the construction industry [6,[11][12][13].…”

Section: Project Portfolio Management and Industriesmentioning

confidence: 99%

Characteristics of Project Portfolio Management in the Construction Industry

Pionório¹,

Sebestyén²

2022

Proceedings of the Creative Construction E-Conference 2022

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Researchers have invested a significant amount of time and effort into investigating the process of portfolio management. Topics that have been covered in these studies include the value of the project, the distribution of resources, and decision-making processes regarding the selection of projects. Research on the significance of managing a project portfolio has been going on for many years, and its relevance only seems to be growing as new industries come into being. The fundamental objective of the PPM is to boost company profits via increased financial returns and successful project completion. The issues of this literature review include Project Portfolio Management (PPM) and the significance of its implementation in the building and construction industry.

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“…From a financial aspect, the goal of a project is to achieve a higher expected internal rate of return than is possible from capital market investments with similar relevant risk. Lately, it has turned out that there are other several industry-specific objectives besides the financial ones, and these can be even more important [25].…”

Section: Integrated Project Risk Management Conceptmentioning

confidence: 99%

A Broader View of Risk Management Process in Projects

Sebestyén¹,

Tóth²

2020

Proceedings of the Creative Construction E-Conference 2020

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Risks have to be managed with great care so that the final goal of delivering a successful project can be reached. The paper extends the risk management process with the value-based risk monitoring framework developed by the authors, where the primary purpose is to detect and monitor risks jeopardizing the expected project return, and if necessary, to start action plans in order to avoid losses. An important characteristic of the suggested integrated model is that it takes into consideration that risks are timevarying, that is, as time passes, the uncertainty of the occurrence of a risk changes. In this paper, the traditional risk management process is extended with the value-based approach, where risk factors are measured on a linear scale. The integrated project risk management process supports the organizationlevel decision making, and extends the fundamental roles of project portfolio management office identified by the literature.

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Project Ranking in Petroleum Exploration

Cited by 17 publications

References 41 publications

Research on the Decision-Making Model of College Enrollment Target Group Selection Based on AHP Analysis

Research on the Decision-Making Model of College Enrollment Target Group Selection Based on AHP Analysis

Characteristics of Project Portfolio Management in the Construction Industry

A Broader View of Risk Management Process in Projects

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