Methodological Aspects of Developing a Model for Assessing the Effectiveness and Risks of Projects to Improve the Activities of Fire Departments of Oil and Gas Companies

Abstract

The authors propose a model for assessing the effectiveness and risks of projects to improve the performance efficiency of fire protection units of all types. In the course of the research, a model was developed in the MS Excel environment allowing oil and gas companies to assess the economic feasibility the planned activities. The relevance of the proposed model is due to the need of an operational assessment of the effectiveness and risks of planned measures aimed at ensuring the effective functioning and development of fire protection units for oil and gas facilities. The model consists of three interconnected functional blocks: the data entry block, the calculation block, and the block of results. The use of the model makes it possible to increase the performance efficiency of fire protection units by optimizing the costs of substantiating projects to improve their activities.