Design of an analytical system for the evaluation and selection of projects in a manufacturing industry of Tecate
Keywords:
Project Selection, Strategic Objectives, Balance Score Card, Data Envelopment AnalysisAbstract
This research first examines the feasibility of applying a methodology to link the projects and strategic objectives that a company needs to accomplish to achieve the optimum selection of their projects. Subsequently, an analytical model for the evaluation and selection of projects based on the Balance Score Card (BSC) and Data Envelopment Analysis (DEA) as primary focus is developed. The model includes the identification of key stakeholders, creating competitive strategies, projects proposals through value analysis and finally, the evaluation and selection of projects according to their efficiency rate using a mathematical algorithm. The application of the analytical model was made in the Hudson RCI company, 26 projects were selected out of 82 project proposals.
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References
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[16] R. Alvaro (2013, Jan. 15). Administración Basada en Scorecards. Retrieved from Tablero de commando. [online]. Available:
http://www.tablerodecomando.com.ar/scorecard/inicio1.asp
[17] J. González and Z. Hernández (2003, May.). Paradigmas emergentes y métodos de investigación en el campo de la orientación. [online]. Available: http.www.geocities.com/seminarioytrabajodegrado/Zulay2.html [Accessed 20 de octubre de 2005].
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http://www.greatplacetowork.com.mx/publicaciones-y-eventos/publicaciones/650
[2] A. R. Peterson and O. Ferrel, “Ethical Leadership and Creating Value for Stakeholders,” Business Ethics, pp. 82-97, 2004.
[3] A. B. Carrol, and A. K. Buchholtz. Business and Society Ethics and Stakeholder Management. Australia: Thomson South-Western, 2003.
[4] C. G. Worley and E. E. Lawler III, “Designing Organizations That are Biuld to Change,” MIT Sloan Management Review, vol. 48, nº 1, pp. 19-23, 2006.
[5] F. W. Breyfogle III (2009, Aug. 13). Smarter Solutions. [Online]. Available: https://www.smartersolutions.com/pdfs/online_database/login.php?redirect=144
[6] Harvard Business School. HBR's 10 must reads on leadership. Boston: Harvard Business Review Press, 2011, pp. 41-46.
[7] R. Kaplan and D. Norton. The balanced scorecard: measures that drive performance. Boston: Harvard Business Review, 1992, pp. 75-85.
[8] A. Neely, M. Kennerley and V. Martínez . Does the Balance Scorecard work: and empirical investigation. Centre for Business Performance, Cranfield School of management, pp. 763-777, 2004.
[9] J. J. Phillips, T. W. Bothell, and L. G. Snead “The Project Management Scorecard-Measuring the success of project management solutions,” New York: Routledge Taylors & Francis Group, 2002.
[10] T. L. Rivas (2002, Jan. Mar.). Nuevas formas de Organización. Estudios Gerenciales [Online]. 18(82), pp. 13-45. Available: http://www.scielo.org.co/scielo.php?pid=S0123- 59232002000100001&script=sci_arttext
[11] D. L. Milanovic, D. D. Milanovic and M. Z. Misita “Application of ranking method in evaluation of engineering investment projects,” International Journal of Industrial Engineering” vol. 17, nº 4, pp. 310-318, 2010.
[12] W. W. Cooper, L. M. Seiford, and K. Tone. Data envelopment analysis: a comprehensive text with models, applications, references and DEA-Solver software. New York: Springer, 2007.
[13] H. Eliat, B. Golany, and A. Shtub, “R&D project evaluation: an integrated DEA and balanced scorecard approach,” Omega, vol. 36, nº5, pp. 895-912, Oct., 2008.
[14] R. Dyson and E. Thanassoulis, “Reducing weight flexibility in data envelopment analysis,” Journal of the Operational Research Society, nº 39, pp. 563-576, 1988
[15] Y. H. Wong, and J. Beasley “Restricting weight flexibility in data envelopment analysis,” Journal of Operational Research Society, vol. 41, nº. 9, pp. 829-835, Sep. 1990.
[16] R. Alvaro (2013, Jan. 15). Administración Basada en Scorecards. Retrieved from Tablero de commando. [online]. Available:
http://www.tablerodecomando.com.ar/scorecard/inicio1.asp
[17] J. González and Z. Hernández (2003, May.). Paradigmas emergentes y métodos de investigación en el campo de la orientación. [online]. Available: http.www.geocities.com/seminarioytrabajodegrado/Zulay2.html [Accessed 20 de octubre de 2005].
[18] R. Hernández, C. Fernández, and P. Baptista. Metodología de la Investigación. Colombia: McGraw-Hill Interamericana de México, 2004.
[19] J. Amozorrutia (2013, Apr. 22). La importancia de los mandos medios en las organizaciones. Great Place To Work. [Online]. Available:
http://www.greatplacetowork.com.mx/publicaciones-y-eventos/publicaciones/650
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Published
2019-07-02
How to Cite
[1]
A. Bahena García, V. V. Ferreiro Martínezi, A. I. Garambullo, and J. Brito Laredo, “Design of an analytical system for the evaluation and selection of projects in a manufacturing industry of Tecate”, Memoria investig. ing. (Facultad Ing., Univ. Montev.), no. 12, pp. 95–113, Jul. 2019.
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