DEVELOPMENT OF METHODS OF EVALUATION OF INVESTMENT PROJECTS IN THE OIL AND GAS INDUSTRY USING FUZZY SETS AND THE METHOD OF SCENARIOS

The article has developed a methodology for evaluating investment projects based on fuzzy sets and the method of scenarios. These methods allow assessing risks in the face of considerable uncertainty. The primary goal was the ranking of risks in order of importance based on expert assessments. 12 ex...

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Main Authors: M. Shafikov, Y. Rudneva
Format: Article
Language:Russian
Published: North Caucasus Federal University 2022-02-01
Series:Вестник Северо-Кавказского федерального университета
Subjects:
Online Access:https://vestnikskfu.elpub.ru/jour/article/view/82
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author M. Shafikov
Y. Rudneva
author_facet M. Shafikov
Y. Rudneva
author_sort M. Shafikov
collection DOAJ
description The article has developed a methodology for evaluating investment projects based on fuzzy sets and the method of scenarios. These methods allow assessing risks in the face of considerable uncertainty. The primary goal was the ranking of risks in order of importance based on expert assessments. 12 experienced oil and gas specialists were involved in the risk assessment. As a result, 5 of the most significant risks were selected. The following data presented in the form of a fuzzy number were used as the initial data and the resulting values in evaluating the effectiveness of investment projects: net present value, internal rate of return, project payback period.
format Article
id doaj-art-a9e1d34f425441c8a2273f4752f5f625
institution DOAJ
issn 2307-907X
language Russian
publishDate 2022-02-01
publisher North Caucasus Federal University
record_format Article
series Вестник Северо-Кавказского федерального университета
spelling doaj-art-a9e1d34f425441c8a2273f4752f5f6252025-08-20T02:54:29ZrusNorth Caucasus Federal UniversityВестник Северо-Кавказского федерального университета2307-907X2022-02-01049110081DEVELOPMENT OF METHODS OF EVALUATION OF INVESTMENT PROJECTS IN THE OIL AND GAS INDUSTRY USING FUZZY SETS AND THE METHOD OF SCENARIOSM. Shafikov0Y. Rudneva1Ufa State Petroleum Technological UniversityUfa State Petroleum Technological UniversityThe article has developed a methodology for evaluating investment projects based on fuzzy sets and the method of scenarios. These methods allow assessing risks in the face of considerable uncertainty. The primary goal was the ranking of risks in order of importance based on expert assessments. 12 experienced oil and gas specialists were involved in the risk assessment. As a result, 5 of the most significant risks were selected. The following data presented in the form of a fuzzy number were used as the initial data and the resulting values in evaluating the effectiveness of investment projects: net present value, internal rate of return, project payback period.https://vestnikskfu.elpub.ru/jour/article/view/82risk assessmentfuzzy set methodscenario methoddecision maker
spellingShingle M. Shafikov
Y. Rudneva
DEVELOPMENT OF METHODS OF EVALUATION OF INVESTMENT PROJECTS IN THE OIL AND GAS INDUSTRY USING FUZZY SETS AND THE METHOD OF SCENARIOS
Вестник Северо-Кавказского федерального университета
risk assessment
fuzzy set method
scenario method
decision maker
title DEVELOPMENT OF METHODS OF EVALUATION OF INVESTMENT PROJECTS IN THE OIL AND GAS INDUSTRY USING FUZZY SETS AND THE METHOD OF SCENARIOS
title_full DEVELOPMENT OF METHODS OF EVALUATION OF INVESTMENT PROJECTS IN THE OIL AND GAS INDUSTRY USING FUZZY SETS AND THE METHOD OF SCENARIOS
title_fullStr DEVELOPMENT OF METHODS OF EVALUATION OF INVESTMENT PROJECTS IN THE OIL AND GAS INDUSTRY USING FUZZY SETS AND THE METHOD OF SCENARIOS
title_full_unstemmed DEVELOPMENT OF METHODS OF EVALUATION OF INVESTMENT PROJECTS IN THE OIL AND GAS INDUSTRY USING FUZZY SETS AND THE METHOD OF SCENARIOS
title_short DEVELOPMENT OF METHODS OF EVALUATION OF INVESTMENT PROJECTS IN THE OIL AND GAS INDUSTRY USING FUZZY SETS AND THE METHOD OF SCENARIOS
title_sort development of methods of evaluation of investment projects in the oil and gas industry using fuzzy sets and the method of scenarios
topic risk assessment
fuzzy set method
scenario method
decision maker
url https://vestnikskfu.elpub.ru/jour/article/view/82
work_keys_str_mv AT mshafikov developmentofmethodsofevaluationofinvestmentprojectsintheoilandgasindustryusingfuzzysetsandthemethodofscenarios
AT yrudneva developmentofmethodsofevaluationofinvestmentprojectsintheoilandgasindustryusingfuzzysetsandthemethodofscenarios