Application of an integrated model for evaluation and optimization of business projects portfolios
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 un...
| Main Authors: | , , |
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| Format: | Article |
| Language: | Spanish |
| Published: |
Universidad del Bío-Bío
2016-12-01
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| Series: | Ingenieria Industrial |
| Subjects: | |
| Online Access: | http://revistas.ubiobio.cl/index.php/RI/article/view/2950 |
| _version_ | 1818213618853871616 |
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| author | Camila Costa Dutra Maria Auxiliadora Cannarozzo Tinoco Rogério Feroldi Miorando |
| author_facet | Camila Costa Dutra Maria Auxiliadora Cannarozzo Tinoco Rogério Feroldi Miorando |
| author_sort | Camila Costa Dutra |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-12-12T06:07:10Z |
| format | Article |
| id | doaj.art-8e7ae820f09647d689be20c3419498fe |
| institution | Directory Open Access Journal |
| issn | 0717-9103 0718-8307 |
| language | Spanish |
| last_indexed | 2024-12-12T06:07:10Z |
| publishDate | 2016-12-01 |
| publisher | Universidad del Bío-Bío |
| record_format | Article |
| series | Ingenieria Industrial |
| spelling | doaj.art-8e7ae820f09647d689be20c3419498fe2022-12-22T00:35:16ZspaUniversidad del Bío-BíoIngenieria Industrial0717-91030718-83072016-12-01153Application of an integrated model for evaluation and optimization of business projects portfoliosCamila Costa DutraMaria Auxiliadora Cannarozzo TinocoRogério Feroldi MiorandoThis 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.http://revistas.ubiobio.cl/index.php/RI/article/view/2950Projects PortfolioEconomic AnalysisRisk AnalysisAnalysis of Social and Environmental Impacts |
| spellingShingle | Camila Costa Dutra Maria Auxiliadora Cannarozzo Tinoco Rogério Feroldi Miorando Application of an integrated model for evaluation and optimization of business projects portfolios Ingenieria Industrial Projects Portfolio Economic Analysis Risk Analysis Analysis of Social and Environmental Impacts |
| title | Application of an integrated model for evaluation and optimization of business projects portfolios |
| title_full | Application of an integrated model for evaluation and optimization of business projects portfolios |
| title_fullStr | Application of an integrated model for evaluation and optimization of business projects portfolios |
| title_full_unstemmed | Application of an integrated model for evaluation and optimization of business projects portfolios |
| title_short | Application of an integrated model for evaluation and optimization of business projects portfolios |
| title_sort | application of an integrated model for evaluation and optimization of business projects portfolios |
| topic | Projects Portfolio Economic Analysis Risk Analysis Analysis of Social and Environmental Impacts |
| url | http://revistas.ubiobio.cl/index.php/RI/article/view/2950 |
| work_keys_str_mv | AT camilacostadutra applicationofanintegratedmodelforevaluationandoptimizationofbusinessprojectsportfolios AT mariaauxiliadoracannarozzotinoco applicationofanintegratedmodelforevaluationandoptimizationofbusinessprojectsportfolios AT rogerioferoldimiorando applicationofanintegratedmodelforevaluationandoptimizationofbusinessprojectsportfolios |