Success Criteria in Oil, Gas and Petrochemical Projects

DOI

10.2991/icemie-16.2016.60How to use a DOI?

Keywords

function of project; paving the path for future; success criteria of oil, gas and petrochemical projects; Clarity of rules

Abstract

The aim of this paper is to discuss success criteria of oil, gas and petrochemical projects and developing a pattern for evaluation of these projects. It is conducted following a case study approach in which the projects of Arya Petro Gas Co. are examined. The methodological framework of this research includes a literature review for identifying the original success criteria and the factor analysis method is applied on gathered data to develop the considered pattern. Also, the reliability and validity of research tool is examined. Applying the research methodology on gathered data, the developed model showed that the absolute factors for success of oil, gas and petrochemical projects include mutual cooperation of all individuals involved in the project, fulfilling projects’ goals, paving the path for future, having clarity of rules and contractors’ capability to manage the project.The extended success criteria pattern for oil, gas and petrochemical projects can play a guiding role for managers of project-based companies in this area. These pattern also can be worthy for outsourcing decisions in this field.Identifying success factors provides a critical tool for managers to concentrate their decisions on these factors. Each type of projects in different fields has their own characteristics which made their success factors to be different. Considering this cognitive nature of critical success factors, the main achievement of this study is to extend a pattern of success factors in oil, gas and petrochemical projects for contractor companies.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Seyed Hossein Razavi Hajiagha
AU  - Maryam Shokouhinia
AU  - Shide Sadat Hashemi
PY  - 2016/04
DA  - 2016/04
TI  - Success Criteria in Oil, Gas and Petrochemical Projects
BT  - Proceedings of the 2016 International Conference on Electrical, Mechanical and Industrial Engineering
PB  - Atlantis Press
SP  - 241
EP  - 247
SN  - 2352-5401
UR  - https://doi.org/10.2991/icemie-16.2016.60
DO  - 10.2991/icemie-16.2016.60
ID  - RazaviHajiagha2016/04
ER  -