Category Archives: Hadianto P

W5.2_SSG_Re-estimate project duration using PERT method


PROBLEM DEFINITION

Currently we are in the start beginning of Execution phase of Topside EPCI project. The baseline duration has been setup. Prior to Kick of Meeting, management is asking project team to estimate the duration of the project in worst case, normal situation, best case and find the duration that “technically justified”.

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Filed under Hadianto P, Week 05

W7.1_HPO_Determining The Contractor’s IRR in Production Sharing Contract


1. Problem Statement

Production Sharing Contracct (PSC) is a kind of contract between government and investor to share the production of petroleum after deduction of extraction cost. Government and contractor share the risk and result of production. How the contractror should calculate the real IRR of their investment recovery through PSC?

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Filed under Hadianto P, Week 07

W9_HPO_Sensistivity Analysis of The PSC Contractor’s


1. Problem Statement

In this uncertain world we need to make many scenarios if some variable changes which affect to our project results. Continuing from the previous blog cases in blog 6, the actual conditions may vary and influence the economic project’s result. It could be worse or better, so we have to be ready to deal with it. What the effect if one or some variables change in our project assumptions?

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Filed under Hadianto P, Week 09

W8_HPO_Accepting A Project/Contract


1. Problem Statement

Continuing from the previous Blog 6. Determining The Contractor’s IRR in PSC, now contractor must determine whether it should accept the the project/contract or not. Does contractor have to accept the project/contract? Is it economical or uneconomical to contractor?

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Filed under Hadianto P, Week 08

W7_HPO_Determining the Contractor’s IRR in Production Sharing Contract


1. Problem Statement

Production Sharing Contracct (PSC) is a kind of contract between government and investor to share the production of petroleum after deduction of extraction cost. Government and contractor share the risk and result of production. How the contractror should calculate the real IRR of their investment recovery through PSC?

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Filed under Hadianto P, Week 07

W6.1_HPO_Determing The Asset’s Economic Life


1. Problem Statement

We plan to buy a new medium FPSO which costs estimated around US$ 50,000,000. Initially, we don’t have any clue for how long this new asset FPSO to give positive economic value. In finding the economic life of this asset, we will know when should we have to retire the asset. So the problem is how long the economic life of this new FPSO?

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Filed under Hadianto P, Week 06

W6_HPO_Determining The Asset’s Economic Life


1. Problem Statement

We plan to buy a new medium FPSO which costs estimated around US$ 50,000,000. Initially, we don’t have any clue for how long this new asset FPSO to give positive economic value. In finding the economic life of this asset, we will know when should we have to retire the asset. So the problem is how long the economic life of this new FPSO? Continue reading

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Filed under Hadianto P, Week 06

W5_HPO_Decision Tree for House Acquisition Scenario


1. Problem Statement

Currently, Indonesia is suffering a financial instability caused by the tapering issue of US quantitative easing and fundamental deficit of balance of payment. In this uncertain financial condition, inflation affecting the economic growth by giving bigger chance of interest increase. What the best scenario should I have to buy a house if some risk probability affecting the future assets value?

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Filed under Hadianto P, Week 05

W4_HPO_Choosing The Best Depreciation Method


1. Problem Statement

My friend ask my help to choose the best depreciation method he should apply in his accounting book. He has bought some Kijang Innova cars cost around US$ 25,000 each intended for rentals. Because the rentals is intended for offices, he is ready for 3-years fixed rate with a risk of increasing operation and maintenance cost around 10% inflation each year. He also said that the cars will be rejuvenated for every 5 years and sold at least next year after the commissioning. Because the cars are Toyota’s, the salvage value is predicted to stay around 60% after 5 years conservatively. Tax will be assumed at 30%  averagely.

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Filed under Hadianto P, Week 04

W3_HPO_House Rent


1. Problem Statement

I have bought an old house at $ 130,000 which I intended to change it into a dorm house. Because it’s an old house I should renovate it into 10 rooms. I predict the dorm house will have 10 years useful life . The renovation will cost me around 80% of old house acquisition cost. I  predict I can get at least 10% gain/increase per annum conservatively of my land value. I bought the old house by 50% own capital and 50% debt. Tax of my revenues averagely around 30%. How much should I charge minimum per month to each customer at year 1 (one) if I can get at least 10% increase rent each year? Assumption: all rooms will be full occupied at year 1.

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Filed under Hadianto P, Week 03