Implementation of Project Management Concept into Industrial Energetics: Case Study in Paper Factory

Authors

  • Golub Markovic Cardboard Mill Umka, KappaStar Group, 13.oktobra 1
  • Marko Mihić University of Belgrade, Faculty of Organizational Sciences
  • Vladimir Obradović University of Belgrade, Faculty of Organizational Sciences

DOI:

https://doi.org/10.7595/management.fon.2015.0011

Keywords:

energy saving, industrial energy, energy projects, steam boilers, boiler fuel, project management

Abstract

Fuel changing is directly linked to market movements of energy sources, consequently, large companies adapt to these changes and move towards economically worthwhile strategies. The appearance of an energy source, change or fuel production startup, is a complex investment project in the field of industrial energetics. This research paper brings a case study of transition from gas to solid fuel in the paper factory, where the factory achieved significant savings by changing the basic fuel. In this study we applied a large number of criteria and parameters of the project management concepts (such as WBS structure, Gantt chart, SWOT analysis, criteria for settlement date, etc.). The purpose of this study is to demonstrate and broaden the knowledge base of in the industrial and energy sectors and to show significant benefits and cost savings which occur as a result of changes of energy sources in the industry involving mass production processes.

Author Biographies

Golub Markovic, Cardboard Mill Umka, KappaStar Group, 13.oktobra 1

Golub Markovic is a PhD candidate at the Faculty of Organizational Sciences, Department of Management, University of Belgrade. The author works as a head of purchasing department at Cardboard Mill Umka which is member of KappaStar Group. He completed his undergraduate and master studies at the Faculty of Organizational Sciences in Belgrade, with the major occupational fields : management and organisation, project management, strategic management.

Marko Mihić, University of Belgrade, Faculty of Organizational Sciences

Marko Mihic is an associate professor at the Faculty of Organizational Sciences, Management Department. His research interests include Strategic Management, Project Management and Cost–Benefit analysis. He has published 8 books and over 100 peerreviewed papers. As an expert consultant, he has worked extensively for the Serbian government institutions, as well as for several leading national and multinational companies and investors in Serbia.

Vladimir Obradović, University of Belgrade, Faculty of Organizational Sciences

Vladimir Obradovic works as an assistant professor at the Department of Management and specialized management disciplines. For his research results he has been honored a highest scientific status by the Serbian Ministry of Science. He is a director of YUPMA Cert – Serbian Project Management Association Certification Body. So far he has published 8 books and over 50 papers in peer-reviewed conferences and journals..

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Published

2017-05-25

How to Cite

Markovic, G., Mihić, M., & Obradović, V. (2017). Implementation of Project Management Concept into Industrial Energetics: Case Study in Paper Factory. Management:Journal of Sustainable Business and Management Solutions in Emerging Economies, 20(75), 27–37. https://doi.org/10.7595/management.fon.2015.0011

Issue

Vol. 20 No. 75 (2015)

Section

Articles

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