EVALUATING THE EFFECT OF COST ESTIMATION PROCESS MATURITY ON OIL-INDUSTRY PROJECTS MANAGEMENT

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AGHILI ARYAN; SEYED ESFAHANI MIR MEHDI

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Journal: Year:2011 | Volume:5 | Issue:14 Page(s): 55-74

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Information Journal Paper

Title

EVALUATING THE EFFECT OF COST ESTIMATION PROCESS MATURITY ON OIL-INDUSTRY PROJECTS MANAGEMENT

Author(s)

AGHILI ARYAN | SEYED ESFAHANI MIR MEHDI | Issue Writer Certificate

Keywords

MATURITY MODELQ2

COST ESTIMATION PROCESSQ3

PROJECT MANAGEMENTQ3

CONTINUOUS IMPROVEMENTQ2

PRODUCTIVITY INCREASEQ3

OIL INDUSTRYQ3

Abstract

In this paper the significant importance of COST ESTIMATION PROCESS in successful accomplishment of projects and its overlap with other areas and processes of PROJECT MANAGEMENT will be studied and examined. In this regard, the success and effectiveness of Iranian Central Oil Field Company (ICOFC), as one of the largest oil and gas industries of Iran, in implementing COST ESTIMATION PROCESS is examined via PROJECT MANAGEMENT MATURITY MODEL (PMMM). Analysis of gathered data from ICOFC and comparative study of the derived results with PMMM standards demonstrate that the studied organization is at level four of maturity in COST ESTIMATION PROCESS. In addition, respective practices and solutions for improving maturity level of COST ESTIMATION PROCESS and increasing project success as well as an interactive framework of cost estimation in PROJECT MANAGEMENT environment is provided for further studies.

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APA: Copy

AGHILI, ARYAN, & SEYED ESFAHANI, MIR MEHDI. (2011). EVALUATING THE EFFECT OF COST ESTIMATION PROCESS MATURITY ON OIL-INDUSTRY PROJECTS MANAGEMENT. JOURNAL OF INDUSTRIAL MANAGEMENT, 5(14), 55-74. SID. https://sid.ir/paper/171261/en

Vancouver: Copy

AGHILI ARYAN, SEYED ESFAHANI MIR MEHDI. EVALUATING THE EFFECT OF COST ESTIMATION PROCESS MATURITY ON OIL-INDUSTRY PROJECTS MANAGEMENT. JOURNAL OF INDUSTRIAL MANAGEMENT[Internet]. 2011;5(14):55-74. Available from: https://sid.ir/paper/171261/en

IEEE: Copy

ARYAN AGHILI, and MIR MEHDI SEYED ESFAHANI, “EVALUATING THE EFFECT OF COST ESTIMATION PROCESS MATURITY ON OIL-INDUSTRY PROJECTS MANAGEMENT,” JOURNAL OF INDUSTRIAL MANAGEMENT, vol. 5, no. 14, pp. 55–74, 2011, [Online]. Available: https://sid.ir/paper/171261/en

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