Based on the study of supply chain(SC) and SC optimization in engineering projects, a mixed integer nonlinear programming(MINLP) optimization model is developed to minimize the total SC cost for international petroche...Based on the study of supply chain(SC) and SC optimization in engineering projects, a mixed integer nonlinear programming(MINLP) optimization model is developed to minimize the total SC cost for international petrochemical engineering projects. A steam cracking project is selected and analyzed, from which typical SC characteristics in international engineering projects in the area of petrochemical industry are summarized. The MINLP model is therefore developed and applied to projects with detailed data. The optimization results are analyzed and compared by the MINLP model, indicating that they are appropriate to SC management practice in engineering projects, and are consistent with the optimal priceeffective strategy in procurement. As a result, the model could provide useful guidance to SC optimization of international engineering projects in petrochemical industry, and improve SC management by selecting more reliable and qualified partner enterprises in SC for the project.展开更多
Construction companies face threats from competition and must be able to adjust to modem technology and changes in customer expectations. These issues require efficient risk management techniques. The success of const...Construction companies face threats from competition and must be able to adjust to modem technology and changes in customer expectations. These issues require efficient risk management techniques. The success of construction companies running projects in international markets depends on how the risks arise from the host country conditions as well as the project specific risk factors. Successful management of risks requires identification of risks, construction of a risk model which can be used to assess the magnitude of risks, and implementation of response strategies so that an acceptable risk-return balance can be achieved. The project success usually depends on the combination of all risks, response strategies used to mitigate risks, and a company＇s ability to manage them. There exists a need to develop risk models containing the risks of doing business in international markets and factors that affect manageability of these risks. One of the market＇s critical challenges is scheduled management and the understanding and application of program management. This paper uses systematic risk identification, classification and analysis, and measurement and response methodologies to help international contractors quantify the risks of project development and accomplishment.展开更多
As one of the largest enterprises in China, Zhongyuan Petroleum Exploration Bureau. Sinopec （ZPEB） has become a medium-sized onshore oilfield with its exploration and development for more than thirty years. Its annu...As one of the largest enterprises in China, Zhongyuan Petroleum Exploration Bureau. Sinopec （ZPEB） has become a medium-sized onshore oilfield with its exploration and development for more than thirty years. Its annual output with crude oil of several milliontons and natnral gas of several billion cubicmeters has been kept for two decades.展开更多
文摘Based on the study of supply chain(SC) and SC optimization in engineering projects, a mixed integer nonlinear programming(MINLP) optimization model is developed to minimize the total SC cost for international petrochemical engineering projects. A steam cracking project is selected and analyzed, from which typical SC characteristics in international engineering projects in the area of petrochemical industry are summarized. The MINLP model is therefore developed and applied to projects with detailed data. The optimization results are analyzed and compared by the MINLP model, indicating that they are appropriate to SC management practice in engineering projects, and are consistent with the optimal priceeffective strategy in procurement. As a result, the model could provide useful guidance to SC optimization of international engineering projects in petrochemical industry, and improve SC management by selecting more reliable and qualified partner enterprises in SC for the project.
文摘Construction companies face threats from competition and must be able to adjust to modem technology and changes in customer expectations. These issues require efficient risk management techniques. The success of construction companies running projects in international markets depends on how the risks arise from the host country conditions as well as the project specific risk factors. Successful management of risks requires identification of risks, construction of a risk model which can be used to assess the magnitude of risks, and implementation of response strategies so that an acceptable risk-return balance can be achieved. The project success usually depends on the combination of all risks, response strategies used to mitigate risks, and a company＇s ability to manage them. There exists a need to develop risk models containing the risks of doing business in international markets and factors that affect manageability of these risks. One of the market＇s critical challenges is scheduled management and the understanding and application of program management. This paper uses systematic risk identification, classification and analysis, and measurement and response methodologies to help international contractors quantify the risks of project development and accomplishment.
文摘As one of the largest enterprises in China, Zhongyuan Petroleum Exploration Bureau. Sinopec （ZPEB） has become a medium-sized onshore oilfield with its exploration and development for more than thirty years. Its annual output with crude oil of several milliontons and natnral gas of several billion cubicmeters has been kept for two decades.
