Scribd Logo
Upload

Welcome to Scribd!

  • 9 views

    Project Selection and Selection Critera, Lerheim

    Uploaded by

    2tyvs8rm6g
    Project Selection and Selection Critera, Lerheim

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content

    You might also like

    Project Selection and Selection Critera, Lerheim

    Uploaded by

    2tyvs8rm6g
    9 views20 pages
    Project Selection and Selection Critera, Lerheim

    Original Title

    Project Selection and Selection Critera, Lerheim

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Project Selection and Selection Critera, Lerheim

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    Download as pdf
    9 views20 pages

    Project Selection and Selection Critera, Lerheim

    Uploaded by

    2tyvs8rm6g
    Project Selection and Selection Critera, Lerheim

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    Download as pdf
    of 20
    Project Selection & Selection Criteria Elise “iis «graven Project Selection & Selection Criteria Topics + Overall considerations + Strategic management - Portfolio management & single projects + Project selection criteria in a portfolio perspective + Idea & concept selection criteria in a single project By Jon Lereim Else “esis, Ave Overall Considerations Strategic management - Project portfolio management & project management Corporate strategy formulation & strategy maps Business planning & control Purpose mission & corporate initiatives Strategic management ooo Do we select the right projects? — Is the prioritization and selection done aligned with the | [«Strategy to Action» corporate business strategy? Project Is there a firm prioritization between the project and portfolio regular line operations? Is the portfolio management efficient? Are human resources used at the right tasks? DCs ee Ted , eed cet crcl Lae (tad EU E ud CT eee es ais i ec The portfolio selection process overall perspectives Focus eer & een Governance of the strategic RS current portfolio direction be) The portfolio selection process is mandatory for: 1.Identification of new initiatives & ideas 2.Pre projects 3.Main execution projects Jontercin Elves “eli Aran Project Portfolio Selection Process - Stage Selection © Pre Screening] Individual Project Evaluatior T Selected Portfolio Screening Portfolio Portfolio Balancing Selection & Adjustment. ae process Process Post Process tase Stage Stage Ls “Bis GAR BI id: [__ Project Portfotio Selection _| 1. What are the corporate project portfolio selection criteria in your orgahisation? 2. Do they have different relative weight(importance)? 3. Do you perform portfolio selection on asset level primarily? 4. How do you judge and prioritize. between a proposal in for example @ Brazil compared to another prospect in the Barents Sea? [cee “eeu oS & 1 SC Value Creation Selection Criteria: Max NPV & EVA, Min CAPEX & OPEX |» Elwcse -rouis “PAPER Focus & screening of concept alternatives Saree m7 a Operation 2 “eas PANE Economic Value Drivers Breakdown Structure set neve Project Portfolio =~ Drilting Reserves CAPEX OPEX 8 [Emre - + we ~ Well SS = Ee j Ot] [Reservoir ]—[Ptattorm | [Pipetines ][ Unie costs | [ wodifications price| [votume | [Facts production | | Upgrades Reservoir Design Production Characteristics Parameters & Parameters & Characteristics Characteristics Critical Issues «Interaction & interrelations in the NPV - Model Operator Perspective «Portfolio Risk relative Single Project Risk ET Ler Emcee “Reus

    You might also like