Risk Assessment of Technology Development in Petroleum Industry Equipment (Drill Bits)
Localization of advanced petroleum industry technologies has been one of the key priorities of Iranian policymakers. According to the high cost of technology development in this industry, identification of technology development risks is crucial for the policymakers and technology developers. The ma...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | fas |
| Published: |
Defence Industries Training and Research Institute
2016-06-01
|
| Series: | بهبود مدیریت |
| Subjects: | |
| Online Access: | https://www.behboodmodiriat.ir/article_42900_2c31f773424563becbd352301816ae01.pdf |
| _version_ | 1811158268496576512 |
|---|---|
| author | Mohammad Naghizadeh Saeed Pak Seresht Batul Ebrahimi |
| author_facet | Mohammad Naghizadeh Saeed Pak Seresht Batul Ebrahimi |
| author_sort | Mohammad Naghizadeh |
| collection | DOAJ |
| description | Localization of advanced petroleum industry technologies has been one of the key priorities of Iranian policymakers. According to the high cost of technology development in this industry, identification of technology development risks is crucial for the policymakers and technology developers. The main objective of this article is identification and assessment of the technology development risks in petroleum industry equipment focusing on Drill Bits. To address this objective, after literature review and exploratory interviews with experts, 38 risks were identified and classified into five dimensions including institutional, technological, market, financial and operational ones. FMEA method was used to assess these risks. Accordingly, their severity, likelihood of occurrence and detection were assessed. Five risks were selected as the risks with higher RPN. Providing expensive bank guarantees, testing the products in the real fields, and changes of macro economy indicators are the most important risks respectively. Facilitating the process of bank guarantee providing for these firms and developing the real test fields are some of the most important suggestions to the policy makers. As well, providing the minimum necessary demands before entering the localization process and being accurate in partner selection according to its specialty, aims and the related background are some of the most important suggestions to these firms’ managers. |
| first_indexed | 2024-04-10T05:21:38Z |
| format | Article |
| id | doaj.art-ab90217f0048416daaf0d798819bd22f |
| institution | Directory Open Access Journal |
| issn | 2251-8991 2783-090X |
| language | fas |
| last_indexed | 2024-04-10T05:21:38Z |
| publishDate | 2016-06-01 |
| publisher | Defence Industries Training and Research Institute |
| record_format | Article |
| series | بهبود مدیریت |
| spelling | doaj.art-ab90217f0048416daaf0d798819bd22f2023-03-08T07:22:40ZfasDefence Industries Training and Research Instituteبهبود مدیریت2251-89912783-090X2016-06-01102557042900Risk Assessment of Technology Development in Petroleum Industry Equipment (Drill Bits)Mohammad Naghizadeh0Saeed Pak Seresht1Batul Ebrahimi2Assistant Professor, Faculty of Management and Accounting, Allameh Tabataba'i University, Tehran, Iran.Faculty Member of Research Institute of Petroleum Industry, Tehran, Iran.MSc in Technology Management, Faculty of Management and Accounting, Allameh Tabataba'i University, Tehran, Iran.Localization of advanced petroleum industry technologies has been one of the key priorities of Iranian policymakers. According to the high cost of technology development in this industry, identification of technology development risks is crucial for the policymakers and technology developers. The main objective of this article is identification and assessment of the technology development risks in petroleum industry equipment focusing on Drill Bits. To address this objective, after literature review and exploratory interviews with experts, 38 risks were identified and classified into five dimensions including institutional, technological, market, financial and operational ones. FMEA method was used to assess these risks. Accordingly, their severity, likelihood of occurrence and detection were assessed. Five risks were selected as the risks with higher RPN. Providing expensive bank guarantees, testing the products in the real fields, and changes of macro economy indicators are the most important risks respectively. Facilitating the process of bank guarantee providing for these firms and developing the real test fields are some of the most important suggestions to the policy makers. As well, providing the minimum necessary demands before entering the localization process and being accurate in partner selection according to its specialty, aims and the related background are some of the most important suggestions to these firms’ managers.https://www.behboodmodiriat.ir/article_42900_2c31f773424563becbd352301816ae01.pdftechnology developmentseveritylikelihood of occurrencelikelihood of detection |
| spellingShingle | Mohammad Naghizadeh Saeed Pak Seresht Batul Ebrahimi Risk Assessment of Technology Development in Petroleum Industry Equipment (Drill Bits) بهبود مدیریت technology development severity likelihood of occurrence likelihood of detection |
| title | Risk Assessment of Technology Development in Petroleum Industry Equipment (Drill Bits) |
| title_full | Risk Assessment of Technology Development in Petroleum Industry Equipment (Drill Bits) |
| title_fullStr | Risk Assessment of Technology Development in Petroleum Industry Equipment (Drill Bits) |
| title_full_unstemmed | Risk Assessment of Technology Development in Petroleum Industry Equipment (Drill Bits) |
| title_short | Risk Assessment of Technology Development in Petroleum Industry Equipment (Drill Bits) |
| title_sort | risk assessment of technology development in petroleum industry equipment drill bits |
| topic | technology development severity likelihood of occurrence likelihood of detection |
| url | https://www.behboodmodiriat.ir/article_42900_2c31f773424563becbd352301816ae01.pdf |
| work_keys_str_mv | AT mohammadnaghizadeh riskassessmentoftechnologydevelopmentinpetroleumindustryequipmentdrillbits AT saeedpakseresht riskassessmentoftechnologydevelopmentinpetroleumindustryequipmentdrillbits AT batulebrahimi riskassessmentoftechnologydevelopmentinpetroleumindustryequipmentdrillbits |