IDEAS home Printed from https://ideas.repec.org/a/aes/amfeco/vs9y2015i17p1314.html
   My bibliography  Save this article

Study On The Multi-Project Management Practices for Complex Investments

Author

Listed:
  • Mircea Sandru

    (Bucharest University of Economic Studies)

  • Ionela Carmen Pirnea
  • Anca Purcarea

    (Bucharest University of Economic Studies)

  • Ioana Surugiu

    (Bucharest University of Economic Studies)

Abstract

This paper highlights the results of a study carried out during the doctoral research in case of multi project Engineering, Procurement, Construction, Commissioning (EPCC) investment types. The objective of this study was to improve the project portfolio management. The methodology used in the research presented in this paper is focused on the analysis of the authors related to the approaches debated in literature and theirs applicability in EPCC type investment programs. In this sense were analyzed 11 international projects in petrochemical and refinery field and also 7 investments in other different areas of chemical industry. The research highlighted that the management process of these investments can be improved trough the correct project integration, being able to provide a performing working environment able to sustain the management team in identifying the investment program criticalities and congestion points in order to be able to manage them in an efficient manner in order to assure the reach of the investment goal. Having as consequence the possibility to significant reduction of execution period, up to 16% and in the mean time also the delays related risks through a more efficient investment managerial act.

Suggested Citation

  • Mircea Sandru & Ionela Carmen Pirnea & Anca Purcarea & Ioana Surugiu, 2015. "Study On The Multi-Project Management Practices for Complex Investments," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(S9), pages 1314-1314, November.
    • Handle: RePEc:aes:amfeco:v:s9:y:2015:i:17:p:1314
    as

    Download full text from publisher

    File URL: http://www.amfiteatrueconomic.ro/temp/Article_2477.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Polterovich, Victor, 2016. "Институты Догоняющего Развития [Institutions of Catching-up Development]," MPRA Paper 73447, University Library of Munich, Germany.

    More about this item

    Keywords

    Multi Project Portfolio Management; Efficiency of Portofolio Management; Critical Path; Integrated Master Schedule;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aes:amfeco:v:s9:y:2015:i:17:p:1314. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Valentin Dumitru (email available below). General contact details of provider: https://edirc.repec.org/data/aseeero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.