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A portfolio approach to capital project management
Dissertation (MEng (Industrial Engineering))--University of Pretoria, 2006.
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| Format: | Thesis |
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University of Pretoria
2013
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| _version_ | 1867613483446566913 |
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| access_status_str | Open Access |
| author2 | Kruger, P.S. (Paul Stephanus), 1944- |
| author_browse | Kruger, P.S. (Paul Stephanus), 1944- |
| author_facet | Kruger, P.S. (Paul Stephanus), 1944- |
| collection | Thesis |
| dc_rights_str_mv | © 2005, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Dissertation (MEng (Industrial Engineering))--University of Pretoria, 2006. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/25354 |
| institution | University of Pretoria (South Africa) |
| last_indexed | 2026-06-10T12:36:52.135Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2013 |
| publishDateRange | 2013 |
| publishDateSort | 2013 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/25354 A portfolio approach to capital project management Kruger, P.S. (Paul Stephanus), 1944- lesliel@icon.co.za Linstrom, Leslie Capital budgeting Capital projects Monte carlo simulation Multiple objectives Objective function Optimization Portfolio risk Portfolio of projects Portfolio management Portfolio theory Project risk Project selection Risk analysis Decision criteria UCTD Dissertation (MEng (Industrial Engineering))--University of Pretoria, 2006. The proposition of this dissertation is that superior capital budgeting solutions can be attained by not only analyzing projects individually but rather as part of a portfolio of projects that has the objective of maximizing the company’s range of multiple objectives, not only the economic benefit. The dissertation starts with a detailed study of current techniques and an assessment of flaws and shortcomings. This study concludes with the requirements that any new approach or model must address in order to improve on the current practices. Based on these requirements, a new model is developed based on the portfolio approach that integrates all the assumptions, constraints, project and variable interrelationships. An important feature of the model is that it selects its portfolio of capital projects in such a way that it optimizes support for the company’s multiple objectives, not only the economic objective. The dissertation concludes with the application of this model to a hypothetical case. It is concluded that, by developing and using this model, a company can improve the analysis required before capital budgets are finalized. Industrial and Systems Engineering unrestricted 2013-09-06T20:55:24Z 2005-06-09 2013-09-06T20:55:24Z 2005-02-28 2006-06-09 2005-06-09 Dissertation Linstrom, L 2005, A portfolio approach to capital project management, MEng dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/25354 > http://hdl.handle.net/2263/25354 http://upetd.up.ac.za/thesis/available/etd-06092005-133647/ © 2005, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | Capital budgeting Capital projects Monte carlo simulation Multiple objectives Objective function Optimization Portfolio risk Portfolio of projects Portfolio management Portfolio theory Project risk Project selection Risk analysis Decision criteria UCTD A portfolio approach to capital project management |
| title | A portfolio approach to capital project management |
| title_full | A portfolio approach to capital project management |
| title_fullStr | A portfolio approach to capital project management |
| title_full_unstemmed | A portfolio approach to capital project management |
| title_short | A portfolio approach to capital project management |
| title_sort | portfolio approach to capital project management |
| topic | Capital budgeting Capital projects Monte carlo simulation Multiple objectives Objective function Optimization Portfolio risk Portfolio of projects Portfolio management Portfolio theory Project risk Project selection Risk analysis Decision criteria UCTD |
| url | http://hdl.handle.net/2263/25354 http://upetd.up.ac.za/thesis/available/etd-06092005-133647/ |