Next Article in Journal
Economic, Energetic, and Environmental Impact Evaluation of the Water Discharge Networks from Mining Works
Previous Article in Journal
Sustainability Evaluation of Power Grid Construction Projects Using Improved TOPSIS and Least Square Support Vector Machine with Modified Fly Optimization Algorithm
Article Menu
Issue 1 (January) cover image

Export Article

Open AccessArticle
Sustainability 2018, 10(1), 195; https://doi.org/10.3390/su10010195

Environmental Parametric Cost Model in Oil and Gas EPC Contracts

1
School of Mechanical Engineering, Sharif University of Technology, Tehran, Iran
2
Department of Environment and Energy, Science and Research Branch, Islamic Azad University, Tehran, Iran
*
Author to whom correspondence should be addressed.
Received: 5 December 2017 / Revised: 25 December 2017 / Accepted: 11 January 2018 / Published: 18 January 2018
View Full-Text   |   Download PDF [955 KB, uploaded 18 January 2018]   |  

Abstract

This study aims at identifying the parameters that govern the environmental costs in oil and gas projects. An initial conceptual model was proposed. Next, the costs of environmental management work packages were estimated, separately and were applied in project control tools (WBS/CBS). Then, an environmental parametric cost model was designed to determine the environmental costs and relevant weighting factors. The suggested model can be considered as an innovative approach to designate the environmental indicators in oil and gas projects. The validity of variables was investigated based on Delphi method. The results indicated that the project environmental management’s weighting factor is 0.87% of total project’s weighting factor. View Full-Text
Keywords: work breakdown structure (WBS); cost breakdown structure (CBS); environmental management costs; EPC contracts; weighting factor (WF); parametric model work breakdown structure (WBS); cost breakdown structure (CBS); environmental management costs; EPC contracts; weighting factor (WF); parametric model
Figures

Figure 1

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).
SciFeed

Share & Cite This Article

MDPI and ACS Style

Abbaspour, M.; Toutounchian, S.; Dana, T.; Abedi, Z.; Toutounchian, S. Environmental Parametric Cost Model in Oil and Gas EPC Contracts. Sustainability 2018, 10, 195.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Sustainability EISSN 2071-1050 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top