Application of an integrated model for evaluation and optimization of business projects portfolios
Palabras clave:
Projects Portfolio, Economic Analysis, Risk Analysis, Analysis of Social and Environmental ImpactsResumen
This work presents an application of an integrated model for the evaluation and probabilistic optimization of projects portfolios, integrating economic, risk and social and environmental impacts analysis. The model uses the Monte Carlo simulation and linear programming techniques for treatment of uncertainties and optimization of projects portfolio. The integrated model was applied in a Brazilian company of electricity distributions. The portfolio of selected projects was related to the expansion of the supply of electricity in a town in the south of the country and the analysis horizon was set in ten years. The aim of the application was to maximize the return for the implementation of a substation and a transmission line in a set of projects, which are diverse in terms of costs, benefits and environmental and social impacts. As a result, the model generates: i) an analysis of each individual projects, from budget information (costs and benefits involved) and estimation of social and environmental impacts generated by the project and the risks (uncertainties) involved and ii) the optimum combination of projects that the company should prioritize to ensure the best financial return and lower social and environmental impacts, thus generating an optimal portfolio.
Descargas
Citas
ARCHER, N.P. and GHASEMZADEH, F. Project portfolio selection and management. In: Morris, P. W. G.; Pinto, J. K. The Wiley guide to project program & portfolio management. New Jersey: John Wiley & Sons Inc. 2007, Cap 5, pp. 94-112.
DOBROVOLSKIENÈ, N. and TAMOŠIUNIENÈ, R. Sustainability-Oriented Financial Resource Allocation in a Project Portfolio through Multi-Criteria Decision-Making. Sustainability. 2016, 8, pp. 485-503.
DUTRA, C.C., RIBEIRO, J.L.D. and CARVALHO, M.M. An economic–probabilistic model for project selection and prioritization. International Journal of Project Management. 2014, 32, pp. 1042–1055.
EPSTEIN, M.J. Making Sustainability Work: Best Practices in Managing and Measuring Corporate Social, Environmental and Economic Impacts. Berrett Koehler: USA, 2008, p. 288.
FERNANDEZ-SANCHEZ, G. and RODRIGUEZ-LOPEZ, F. A methodology to identify sustainability indicators in construction project management – Application to infrastructure projects in Spain. Ecological Indicators. 2010, 10, pp.1193-1201.
FOO, S.W. and MURUGANANTHAM, A. Software Risk Assessment Model. Proceedings of the International Conference on Management of Innovation and Technology, IEEE. 2000, 2(1), pp. 536-544.
LABUSCHAGNE, C., BRENT, A.C. and ERCK, R.P.G. Assessing the sustainability performances of industries. Journal of Cleaner Production. 2005, 13, pp. 373-385.
MAYLOR, H., BRADY, T., COOKE-DAVIES, T. and HODGSON, D. From projectification to programmification. International Journal of Project Management. 2006, 24(8), pp. 663-674.
MIORANDO, R.F., RIBEIRO, J.D. and CORTIMIGLIA, M.N. An economic–probabilistic model for risk analysis in technological innovation projects. Technovation. 2014, 34(8), pp. 485–498.
NEUMANN, S. Strategic Information Systems: Competition Through Information Technologies. McMillan College Publishing, New York, 1994.
NEUMÜLLER, C., LASCH, R. and KELLNER, F. Integrating sustainability into strategic supplier portfolio selection, Management Decision, 2016, 54(1), pp.194-221.
PENDER, S. Managing incomplete knowledge: why risk management is not sufficient? International Journal of Project Management, 2001,19(2), pp. 79-87.
ROSSINI, K., TINOCO, M.A., RIBEIRO, J.L. and TEN CATEN, C. A Framework for sustainability in the management of new business projects. In: 22nd International Conference on Production Research. Foz do Iguaçu, Brasil. 2013.
SCHMITZ, E.A.; ALENCAR, A.J. and VILLAR, C.B. Modelos Qualitativos de Análise de Risco para Projetos de Tecnologia da Informação. Brasport: Rio de Janeiro, 2006.
SHEN, L., TAM, V.W.Y., TAM, L. and JI, Y. Project feasibility study: the key to successful implementation of sustainable and socially responsible construction management practice. Journal of Cleaner Production, 2010,18, pp. 254-259.
SIEW, R.Y.J. Integrating Sustainability into Construction Project Portfolio Management. KSCE Journal of Civil Engineering, 2016, 20(1), pp. 101-108.
TELES, C. D. Avaliação Monetária da Sustentabilidade Empresarial. Tese (Doutorado em Engenharia) – Programada de Pós-Graduação em Engenharia de Produção. UFRGS, Rio Grande do Sul. 2012.
VANDAELE, N.J. and DECOUTTERE, C.J. Sustainable R&D portfolio assessment. Decision Support Systems, 2013, 54, pp. 1521–1532.
WU, L. and ONG, C. Management of information technology investment: A framework based on a Real Options and Mean–Variance theory perspective. Technovation, 2008, 28(3), pp. 122-134.
Descargas
Publicado
Número
Sección
Licencia
Revista Ingeniería Industrial by Revista Ingeniería Industrial is licensed under a Creative Commons Reconocimiento 4.0 Internacional License. Creado a partir de la obra en revistas.ubiobio.cl/index.php/RI/. Puede hallar permisos más allá de los concedidos con esta licencia en http://revistas.ubiobio.cl/index.php/RI/about/
