Title "Developing Multi-Attributes Portfolio Selection Model For Downstream Oil & Gas Projects"
By: Rico Milza
Abstract:
If I asked you what the trickiest part of project management was for your enterprise, what would you say? If you answered managing the diverse projects in your portfolio – you’re not alone. Most businesses work on a variety of projects (whether it be different contract types, duration or dollar amounts) that can be categorized into four major tiers:
I have more than 20+ years of experience in project planning, scheduling, and cost control in the nuclear /construction and design build industries. I specialize in project controls and project management software, including the Primavera suite of scheduling tools (P3, P3e/c, P5, and P6), Microsoft Project, SAP, AS400, and Oracle. I am also well versed in the Microsoft Office suite of applications (Excel, Access, Word, One Note, and Power Point).
"Individual commitment to a group effort--that is what makes a team work, a company work, a society work, a civilization work." Vince Lombardi
Primavera P6 give us an option to decide that Baseline date is equal to Planned date or Current date.
The main purpose of this option is for Earned Value calculation.
Standard deviation is an abstract concept derived from observation rather than calculation or experimentation. The standard deviation (SD, also represented by the Greek letter sigma or σ) is a measure that is used to quantify the amount of variation or dispersion in a set of data values; and is expressed as a quantity defining how much the members of a group differ from the mean value for the group.